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
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.

You might be interested in
2. An increase in demand is an increase in consumer willingness to
kiruha [24]

Answer:

An increase in demand is an increase in consumer willingness to. purchase moe of the good at any price.

Explanation:

4 0
3 years ago
The Jennings Group reacquired 3 million of its shares at $76 per share as treasury stock. Last year, for the first time, Jenning
ra1l [238]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
3 0
3 years ago
Police policies and practices have also undergone a transformation in order to adapt to the economic changes brought about by th
kupik [55]

Answer:

E. all of the above are examples of this adaptation.

Explanation:

Based on the information and answers provided it can be said that all of the above are examples of this adaptation. All of these cut backs were done in order to save money for more important aspects within the police policies and practices. While expanded use of technology systems and joint forces with other county governments were done in order to facilitate the jobs and cut down on time needed for certain practices which in term saved money.

7 0
3 years ago
If a stock certificate is lost or destroyed, ownership is not destroyed with it.
andrew11 [14]
B. false because if its destroyed or lost and you have no proof of owning it then your ownership is not part of that company
8 0
3 years ago
Lebron received $51,900 of compensation from his employer and he received $455 of interest from a municipal bond. What is the am
neonofarm [45]

Answer:

gross income amount = $51,900

Explanation:

given data

received compensation = $51,900

received interest from municipal bond = $455

solution

we get here amount of Lebron's gross income  that is

gross income amount = only received compensation here

receive interest from municipal bond is not consider here for gross income

so here gross income amount will be only here

gross income amount = $51,900

5 0
3 years ago
Other questions:
  • A comparable property has a feature that is superior to the subject property. what adjustment would need to be made if you are u
    11·1 answer
  • 3. (1 point) Suppose a firm faces potential demand from two customer bases, H and L, with high and low valuation of the firm’s p
    15·1 answer
  • _____ is best described as an integrative management field that combines analysis, formulation, and implementation in the quest
    9·1 answer
  • Natasha and sergio want to prevent their daughter from contracting a specific sti, so they arrange for her to receive a vaccinat
    6·2 answers
  • When a company uses the allowance method to measure bad? debts, ________?
    10·1 answer
  • A U.S. firm opens a factory that produces power tools in Korea.
    7·1 answer
  • Michonne Corp.'s Free Cash Flow (FCF) for the most recent year (year 0) is $730 (million). FCF is expected to grow by 14% next y
    13·1 answer
  • Suppose that today you buy a bond with an annual coupon rate of 10 percent for $1,120. The bond has 17 years to maturity. What r
    5·1 answer
  • اقرأ الفقرة التالية واجب عن الأسئلة التي تليها .33
    14·1 answer
  • Tactical managers are often referred to as _____ managers
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!