Answer:
c. a significant amount of market power
Explanation:
Cross price elasticity measures the responsiveness of quantity demanded of a good to the changes in price of another good.
If the cross price elascitiy is postive, the goods are subsituites.
If the cross price elasticity is negative, the goods are complementary goods.
If the cross price elasticitiy is low the firm has market power. It means that it's consumers do not change the quantity demanded when the price of the good changes
If the cross price elasticitiy is high, the market has low market power.
I hope my answer helps you.
In studying for her real estate license, Elise is reading about police power. he term "police power" refer to in real estate refers to The government's authority under the Constitution to place limits on individual freedom in the name of protecting the public health, safety, and welfare. This is further explained below.
<h3>What is
police power?</h3>
Generally, police power is simply defined as the authority granted to the state by the Constitution to impose reasonable restrictions on individuals or businesses for the public's protection and good.
In conclusion, When it comes to subdividing property, the police have complete authority and direction.
Read more about police power
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Answer:
A) the total benefit Colin gets from eating four slices of pizza minus the total benefit Colin gets from eating three slices of pizza.
Explanation:
Marginal benefit refers to the utility received from doing something one more time. When businesses want to measure marginal benefits, they simply measure the extra revenue generated by selling one more unit, that is why it is referred to as marginal revenue. But when individuals get a marginal benefit, we tend to use a unit called util, and the marginal benefit is how many utils do we get from consuming an extra unit of product.
Answer:
U.S. banks that cannot borrow elsewhere.
Explanation:
- In the United States, the Federal Reserve goes as a last resort lender to companies that do not have certain other acquisition practices, and the inability to obtain loans can significantly impact the economy.
- so correct answer is U.S. banks that cannot borrow elsewhere.
Answer:
You will spend about 57.57 gallons (57.568 to be exact)
Explanation:
Multiply $3.05 with 18.875 gallons to get the total
