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
Lorico [155]
3 years ago
9

Suppose the cross-price elasticity of demand between oranges and clementines is 4. Holding everything else constant, if the pric

e of oranges increases, then the demand for _____ will _____.
Business
1 answer:
raketka [301]3 years ago
8 0

Answer:

Suppose the cross-price elasticity of demand between oranges and clementines is 4. Holding everything else constant, if the price of oranges increases, then the demand for clementines will _decrease_.

Explanation:

The term cross price elasticity tell the responsiveness of demand of one commodity against the price of other commodities. When the value is positive which is 4 in our question, the oranges and clemenities are substitute commodities, both can be replaced with one another. In this case, when price of A increase, the demand for B will decrease.

You might be interested in
If you need to set up a direct deposit which information from your check would you most likely need
shepuryov [24]
You would need the routing number and the account number

4 0
3 years ago
Your attitude, existing relationships, professional role, education, skills and training, and philanthropic efforts all contribu
blondinia [14]

How an individual present himself is important, your attitude, existing relationships, professional role, education, skills and training, and philanthropic efforts all contribute to identifying your visibility.

<h3>What is personal brand?</h3>

Personal brand refers to how an individual promote him or herself.

It involves the expertise, experience and personality of that individual and how all this makes such individual visible to the world.

For an individual to be well known it is a product of branding.

Therefore, your attitude, existing relationships, professional role, education, skills and training, and philanthropic efforts all contribute to identifing your visibility.

Learn more on branding from

brainly.com/question/14286452

5 0
3 years ago
The term ________ refers to a company's efforts to reach distribution channels and target customers through communications such
amm1812

Answer:

A)social marketing

Explanation:

Social marketing involves all the activities a company does in order to reach more clients.

Activities such as relations, marketing through social media, personal selling (through the use of personal connections), direct marketing, etc.

6 0
4 years ago
Identify each person in the table as structurally, frictionally, or cyclically unemployed.
Soloha48 [4]

Answer:

a. Structurally unemployed.

b. Cyclically unemployed.

c. Frictionally unemployed.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

a. Structurally unemployed: Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.

b. Cyclically unemployed: Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job. A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

c. Frictionally unemployed: Neha just graduated from college and is looking for a full- time position with an investment banking firm.

6 0
3 years ago
If the contribution margin is not sufficient to cover fixed expenses:.
Elan Coil [88]

If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

<h3>What is a Contribution Margin?</h3>

The contribution margin can be expressed in gross income terms.  After subtracting the variable element of the firm's expenditures, it indicates the extra money gained for each product sold.

The contribution margin is calculated by subtracting the selling price/unit from the variable cost/unit.

This metric displays how much a certain product adds to the company's total earnings. It displays the share of revenue that helps to pay the firm's fixed costs and gives one approach to illustrate the profit potential of a certain product supplied by a company.

Therefore, If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

Learn more about contribution margin here:

brainly.com/question/24881206

7 0
2 years ago
Other questions:
  • A purchase of supplies for cash is recorded in the
    13·1 answer
  • Dwayne worked for a 500-employee manufacturer in the rust belt. the company closed his plant with no advance notice to employees
    9·1 answer
  • Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES PARROTHEAD ENTERPRISE
    15·1 answer
  • After the amount due on a sale of $30,400, terms 2/10, n/eom, is received from a customer within the discount period, the seller
    15·1 answer
  • Which of the following is a sign that entrepreneurship might be a good fit for you?
    6·1 answer
  • ________ measures the percentage of profit earned on each sales dollar before interest and taxes but after all costs and expense
    8·1 answer
  • Which of the following is NOT one of the common types of caught-in and caught-between hazards?
    15·1 answer
  • Why do religious economists believe that competition among secular viewpoints and many religions leads to increased participatio
    14·1 answer
  • The employees at LennoCorp are meeting or exceeding their goals, and consistently get positive reviews. However, competition has
    5·1 answer
  • samuel, a line worker in a factory, is required to produce 50 units to be paid $10. in the context of the schedules of reinforce
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!