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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.

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11.51%

The required rate of return = risk-free rate + Beta * (market risk premium)

Here, we multiply the beta of 1.32 times the market risk premium of 5.50%, then add the risk-free rate of 4.25% to get the required rate of return, or 11.51%. 
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Why is the earth round why not a square or a triangle
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because science.

Explanation:

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In the process of brainstorming his goals, Robert realized his Web business was more about money than creativity. His decision t
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Robin Corporation retires its $800000 face value bonds at 104 on January 1, following the payment of annual interest. The carryi
LekaFEV [45]

Answer:

The correct option is debit of $2040 to Loss on Bond Redemption

Explanation:

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