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barxatty [35]
3 years ago
15

When the cross elasticity of demand between one product and all other products is low, one is generally referring to a(n) ____ s

ituation. a. pure competition b. monopoly c. oligopoly d. monopolistic competition e. substitution
Business
1 answer:
kenny6666 [7]3 years ago
6 0

Answer:

B)monopoly

Explanation:

monopoly can be regarded as situation when company and its product dominate particular sector as well as industry. It give description of an entity which has total control as regards to a market. price elasticity of demand can be regarded as one that measure the sensitivity big the quantity demanded with its price. It should be noted that When the cross elasticity of demand between one product and all other products is low, one is generally referring to a monopoly situation

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How is price a language for buyers and sellers?​
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According to the IS–LM model, if Congress raises taxes but the Fed wants to hold income constant, then the Fed must ______ the m
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Answer:

Increase

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6 0
3 years ago
Edie Manson worked the following schedule: Monday, 8 hours; Tuesday, 9 hours; Wednesday, 7 hours 48 minutes; Thursday, 8 hours;
melomori [17]

Answer:

hundredth = 40.48 which is 40.8

Quarter = 40.48 which is 40.75

Explanation:

The total number of hours worked in all days of the week for Manson is 40 hours 48 minutes.

In hudredth time the conversion of 40.48 equals 40.8 but in quarter time to round time to nearest quarter hour, we have to round the times within 7 minutes of a 15 minute mark to that 15 minutes.  Since 48 minutes are only 3 minutes more than 45 minutes, we round back to 45 minutes which is 0.75 in decimal.

Hence the hundredth hour timing is preferred for Edie Manson because it shows a higher time for hours worked and potentially more pay.

4 0
3 years ago
In a certain country, the labor force is 30 million and the unemployment rate is 5 percent. what is the amount of unemployed ind
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Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.
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3 years ago
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