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alexdok [17]
3 years ago
13

Suppose the demand function for good X is given by: where is the quantity demanded of good X, is the price of good X, and is the

price of good Y, which is related to good X. Using the midpoint method, if the price of good X is constant at $10 and the price of good Y decreases from $10 to $8, the cross price elasticity of demand is about:_________
Business
1 answer:
Julli [10]3 years ago
3 0

Answer:

Quantity demanded is -0.4

Explanation:

Quantity demanded is -0.4 if the prices decline from $8 to $10. The cross price elasticity is the change in quantity demanded for the goods when the price of other goods changes. The price change can be minor and the quantity demanded change can be high.

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Which of these factors would be considered when making a location decision at the region/community level?
Delicious77 [7]

Answer: E .

The three most important reason'sfor a firm to locate in a particular region are,RAW MATERIALS

PERISHABILITY

TRANSPORTATION COST

Hope it's correct,

8 0
3 years ago
+ human resource management to be interesting and significant. When pursuing a position as a manager, Ann decides she wants to w
Harman [31]

Answer:

a small business with an HR specialist but no HR department.

Explanation:

According to my research on human resources within organizations, I can say that based on the information provided within the question the type of organization that would most likely offer this to Ann would be a a small business with an HR specialist but no HR department. This is because smaller business only need one HR specialist to handle all the employee needs since there are not that many, as opposed to bigger business which would need a whole HR department in order to be able to handle the workload needed to take care of all the employees with the company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
A firm's good reputation for quality customer service is categorized as its _____
Inga [223]
The answer for this question is: Intangible resource
Intangible resource is a type of resource owned by a company that cannot be measured by number and do not have physical form.
Another example for an intangible resource is: employee's loyalty, Human Development within the company,  employee's motivation, etc.
8 0
4 years ago
Hoffman Corporation issued $80 million of 7%, 10-year bonds at 104. Each of the 80,000 bonds was issued with 11 detachable stock
Ivanshal [37]

Answer:

($ in million)

Dr Cash 81.6

Dr Discount on bonds payable 2.8

Cr Bonds payable80.0

Cr Equity-stock warrants outstanding 4.4

Explanation:

Preparation of the journal entry to record the issuance of the bonds.

($ in million)

Dr Cash 81.6

(80,000,000 X 102/100 = $81.6 million)

Dr Discount on bonds payable 2.8

(80+4.4-81.6 = $ 2.8 million balancing figure)

Cr Bonds payable 80.0

Cr Equity-stock warrants outstanding 4.4

($5 × 11 warrants × 80,000 bonds= $4.4 million)

(Being To record issuance of bonds)

4 0
3 years ago
can the combined profits of oligopolistic firms ever be higher than those of a monopoly with the same costs as those of the firm
Arisa [49]

No, a combined profit or loss of oligopolistic firm can never be higher than those of a monopoly with the same costs as those of firms combined.

<h3>What is an Oligopoly Firm ?</h3>

An oligopoly is a establishment characterized by a small number of enterprises who realize they're interdependent in their pricing and affair programs. The number of enterprises is small enough to give each establishment some request power. Oligopoly is distinguished from perfect competition because each establishment in an oligopoly has to take into account their interdependence; from monopolistic competition because enterprises have some control over price; and from monopoly because a monopolist has no rivals.

In general, the analysis of oligopoly is concerned with the goods of collective interdependence among enterprises in pricing and affair opinions.

Do more about Monopolistic Firm click: brainly.com/question/25717627

#SPJ4

7 0
1 year ago
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