1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nordsb [41]
3 years ago
9

The cross-price elasticity of demand measures the a. percentage change in the quantity demanded of one good in one location divi

ded by the price of the same good in another location. b. absolute change in the quantity demanded of one good divided by the absolute change in the price of another good. c. percentage change in the price of one good divided by the percentage change in the quantity demanded of another good. d. percentage change in the quantity demanded of one good divided by the percentage change in the price of another good.
Business
1 answer:
LenaWriter [7]3 years ago
5 0

Answer:

d. percentage change in the quantity demanded of one good divided by the percentage change in the price of another good.

Explanation:

Price-demand elasticity measures the demand sensitivity of a good when a change in the price of another good occurs. For example, what happens to the demand for bread when the price of butter varies? This depends on the cross elasticity of demand since these goods tend to be complementary.

 The price elasticity of cross demand between two goods is easily calculated by a formula where the numerator is the change in the quantity of a good and the denominator is the percentage change in the price of the complementary good.

If the calculation of elasticity is greater than 1, it means that the amount demanded for bread is sensitive (elastic) to the price of butter and tends to vary sharply. If the result is between 0 and 1, the demand is inelastic, that is, the amount of bread demanded will not change considerably when the price of butter varies. If the calculation is equal to 1, then the demand for bread varies perfectly with the price of butter.

You might be interested in
To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential. For
Gnesinka [82]

Answer: See explanation

Explanation:

A bond’s (face value) is generally $1,000 and represents the amount borrowed from the bond’s first purchaser.

A bond issuer is said to be in (default) if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue’s restrictive covenants.

A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a (sinking fund provision).

A bond’s (call provision) gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions.

The face value is the dollar value of a security, or a stock's original cost. Default means when the bond issuer doesn't agree with the stated terms of the bond.

4 0
3 years ago
The traditional view of american diversity emphasized the concept of assimilation, which for many groups meant?
gregori [183]

The correct answer is true.

Minority communities have been forced to adopt Anglo-American culture and give up their traditions as a result of assimilation.

<h3>In terms of cultural plurality, what is assimilation?</h3>

In anthropology and sociology, assimilation refers to the process through which people or groups with different ethnic ancestries are assimilated into the dominant culture of a community.

<h3>What does assimilating into American society entail?</h3>

Assimilation is a hotly debated idea in which immigrant groups are urged, through social and cultural practices and/or political maneuvers, to embrace the culture, values, and social behaviors of the host country in order to gain full citizenship status.

To know more about Assimilation , visit:

brainly.com/question/14313590

#SPJ4

7 0
2 years ago
At a recent staff meeting, the director of the centerville diagnostic imaging center told the staff, "our clients hate to waste
sergey [27]

If they had to go another center for the service the approach is direct

6 0
3 years ago
Veruca sells therapeutic bath salts on the Internet. Her annual revenue is​ $52,000 per​ year, the explicit costs of her busines
koban [17]

Answer:

D. ​$38,000

Explanation:

The formula to compute the accounting profit is shown below:

Accounting profit = Annual revenue - Explicit cost

                             = $52,000 - $14,000

                             = $38,000

It shows a relationship between the annual revenue and the explicit cost. The difference between these two is known as accounting profit.

8 0
3 years ago
Join im boredddddddddddddddd
DIA [1.3K]

Explanation:

create a zoom, lol.......

6 0
3 years ago
Other questions:
  • Herbert spencer believed that societies evolve from lower to higher forms because as generations pass, the most capable and inte
    13·2 answers
  • A dealer bought an item for $7, sold it for $8, bought it back for $9, and sold it for $10. how much profit did she make?
    8·1 answer
  • Oona wants to conduct research on personnel management, workplace environment, and what type of environment results in high leve
    15·1 answer
  • Analytical skills give a manager the ability to identify problems creatively, generate _____ alternatives, and select the "best"
    15·1 answer
  • Today's consumers do not need to rely on marketer-supplied information about products and services because they can use ________
    9·1 answer
  • How would you classify the content distribution channel that uses influencer and outreach marketing to increase a brand's reach?
    5·1 answer
  • ​Boeing's decision to build​ 80% of its wing flap motors​ in-house is an example of which​ strategy? A. Unrelated diversificatio
    6·1 answer
  • Identify five HRM criteria or components that can be used to measure organizational effectiveness or ineffectiveness. "Grievance
    9·1 answer
  • What does an employee offer an employer
    5·2 answers
  • Because with building costs soaring out of sight, there is pent-up demand for a well-designed, green-built, contemporary home th
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!