Answer:
eY is positive +0.1 therefore bagels are a normal good.
Step-by-step explanation:
Given data:
when, 10% rise in cheese price, 3% fall in bagels quantity observed
when, 10% rise in income, 1% fall in bagels quantity observed
from formula for cross price elasticity of demand, determine
As, eAB is negative, bagels $ cream cheese are complements.
By formula for income elasticity of demand,
we find that
Since eYis positive, bagels are a normal good.
Answer:
sure i do! pls provide answer choices.
Answer:
44
Step-by-step explanation:
1. 8x8=64
2.64-20=44
Answer; 44
Answer:
11.25
Step-by-step explanation:
13.79-x
Let x= 2.54
13.79-2.54
11.25