Coffee and tea are predicted to have the highest positive cross-price elasticity of demand among all the products.
If the price of one good rises while the demand for the other good increases, then the cross price elasticity is positive. When using alternative products, this is feasible. The only alternatives are coffee and tea.
Cross-price elasticity quantifies how sensitive a product's demand is to a change in the price of the related product. Many products on the market have relationships with one another. This could imply that a product's price change could have a positive or negative impact on the demand for another product.
When it comes to substitutes, a rise in price of one substitute drives up demand for the alternative product. Because they always want to maximize utility, consumers frequently do this products. The perceived satisfaction increases with decreasing expenditure.
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Answer:
E. has cross-researcher reliability.
Explanation:
Lisa here performs a study, on some topic and when she does the comparison of her study, with the studies done earlier on the same topic, she is creating the validation of her study.
If the sample area and conclusions are same, it can be stated based on the principle of majority that both the studies are correct in displaying the trend.
She is basically doing the cross researcher reliability. That she makes it confirm that other researchers also agree with the same.
Answer:
1. True.
2. True.
3. True.
4. True.
Explanation:
1. True: A company excludes from the current assets section, the amount of cash restricted for purposes other than payment of current obligations or for use in current operations.
2. True: Land held for speculation is reported in the long-term investment section of the balance sheet because they are fixed assets.
3. True: Financial flexibility measures the ability of an enterprise to take effective actions to alter the amounts and timing of cash flows.
4. True: Companies determine cash provided by operating activities by converting net income on an accrual basis to a cash basis.
Jim can recover even if he was negligent and violated the employer's rules.
Option D is correct.
<u>Explanation:
</u>
Employee compensation is a system that is publicly sponsored and pays financial benefits to employees who are injured during their work. The coverage of the employee is an insurance form that provides compensation for accidents or handicaps suffered by its employees.
The workers ' compensation act guaranteed that all employees injured at work received daily insurance and paid for hospital costs. By return, disabled workers earned the right to sue their bosses and supervisors for wrongdoing and earned the right to claim damages for pain and misery.
The payment for employees is basically a scheme of no consequence if the wounded employee is not at issue with the negligence of its own responsibility or the misconduct of his or her boss or friends, but only for his or her labor-related injuries is included in the injured workplace.
Answer:
Status Symbols
Explanation:
According to Oxford dictionary; a status symbol is "a possession that is taken to indicate a person's wealth or high social or professional status."
Hence status Symbols are external displays of the possessors' wealth and social status. These goods can not be possessed by people who do not belong to that social status or profession.
