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
Vera_Pavlovna [14]
3 years ago
11

The price of Good B increases by 4%, causing the quantity demanded of Good A to decrease by 6%. The cross-price elasticity of de

mand is ________, and the goods are ________.
Business
1 answer:
frozen [14]3 years ago
4 0

Answer:

The answer is -1.5 and complementary goods

Explanation:

Cross price elasticity is the percentage decrease in quantity demanded divided percentage increase in price.

= -6/4

= - 1.5.

Because the sign is negative, the goods are complements. Complementary goods are directly related. As in they move in the same direction.

For example, car and fuel are complements. The increase in quantity demanded for car will increase the quantity demanded for fuel. Or if the price of car goes up, all things being equal, the quantity demanded of car will reduce and for fuel too.

You might be interested in
Bertha purchased 10 shares of BestSnack, Inc. stock for $200 per share; in one year, she sold the 10 shares for $220 a share. Ov
geniusboy [140]

If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.

<h3>Gain</h3>

First step

Bertha's capital gain= ($220 - $200) x 10 shares

Capital gain = $200

Second step

Balance left after government took 50%

Balance left= $200 x (1 - 0.50)

Balance left= $100

Third step

Gain=$100 x (1 - 0.03)

Gain=$97

Therefore If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.

Learn more about Gain here:brainly.com/question/843074

#SPJ1

5 0
2 years ago
John would like to move from the suburbs into the city, but the rent in the city is very high. John has found an apartment he re
gavmur [86]
He should just stay where he is and save up his money.Or he can try to find a different apartment.
4 0
3 years ago
Can you list three things you can do to improve job satisfacation in the work place?
AURORKA [14]

Answer:

When working with tight budgets, what can you do to boost job satisfaction at your company? These 3 simple but effective tips will help ensure your employees feel fulfilled and appreciated within their role.

Engage your employees

Having people turn up to work and do a day's graft before going home isn't all you want from your employees. Getting staff that are engaged with your company is much more preferable and to achieve this you need to communicate with them. This doesn't mean just speaking to them but creating an atmosphere where their insights are valued and they feel free to talk about things they are concerned about.

This will not only boost their job satisfaction because they feel more understood but will also help you identify areas where improvements could be made. Many professionals benefit from a higher level of autonomy as it shows that you have a certain amount of trust in them, while also encouraging initiative and self-discipline.

Line managers can be a fantastic resource to encourage these communication channels and identify areas where staff seem unsatisfied or want to develop. However, it's important for everyone - from the top down - to be supportive of employee engagement and embody this in their working day.

Provide a positive work environment

Employees spend a lot of time at work so do everything you can to make this a positive atmosphere to be in. However, it's key that you don't just assume what good working conditions are and instead actually ask the people working for you.

Everything from childcare support to social events can help people feel happier about being in the office but it should be designed around the needs and wants of your employees. Otherwise you risk spending money on something that isn't really valued by your staff, wasting money and potentially causing discontent among your workforce.

It's also important to consider matters such as dress code and office layout as well as benefit schemes. These can make a huge difference on how comfortable people feel during their time in the office.

Evaluate, analyze and improve

Like any other business goal, you should make sure measurement plans are in place to see what progress you are making. There's a number of ways you can track employee satisfaction and a variety of online resources to help you. However, a simple anonymous survey can be just as effective, especially for small companies where evaluating the responses won't be too laborious.

This should allow you to identify areas that have had the biggest impact and where you may need to make further improvements.

7 0
3 years ago
Some companies positively harness the power of rumors to multiple choice instill false confidence in investors. replace formal c
zubka84 [21]

Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.

<h3>What are rumors?</h3>

Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.

In conclusion,  In certain cases, corporations use the power of rumors to promote a new product introduction.

Read more about rumors

brainly.com/question/13651248

#SPJ1

7 0
2 years ago
Suppose disposable income increases by $2,000. As a result, consumption increases by $1,500. Answer the following questions base
Vinvika [58]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Suppose disposable income increases by $2,000. As a result, consumption increases by $1,500. Answer the following questions based on this information.

The increase in savings resulting directly from this change in income is $500 (2,000 - 1,500)

Marginal propensity to save (MPS)= change in savings/ change in income

MPS= 500/2000= 0.25= 25%

3 0
4 years ago
Other questions:
  • Give your details understanding of the SMART GOAL ​
    15·1 answer
  • 2. What does an interest inventory measure?
    7·1 answer
  • When originally purchased, a vehicle costing $24,120 had an estimated useful life of 8 and an estimated salvage value of $2,200.
    9·1 answer
  • A landlord rents a 6 unit apartment complex for $450/unit per month. The property manager receives a 10% management fee. The mor
    9·1 answer
  • Cann yalll helppppppppppppp mee pleaseeeeeee???
    6·1 answer
  • Vendor analysis has the greatest potential for savings for items which have:_______
    9·1 answer
  • A company estimates that overhead costs for the next year will be $8,500,000 for indirect labor and $164,500 for factory utiliti
    8·1 answer
  • When the purchasing company bears the liquidation expenses it will debit the expenses to:_______
    5·1 answer
  • Question Mode Multiple Choice Question A corporation is created by obtaining a charter from: Multiple choice question. an attorn
    11·1 answer
  • Conrad wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!