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When Brad John talks about the fact that he is going to have to create different financial plans depending on the amount of business the company is bringing in, he is referring to a cash flow plan. It estimates short and long-term expenses against projected incoming cash. This is a form of anticipation through creating cushion intended for unexpected expenses.
Answer:
A and B are substitutes
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
If cross price elasticity of demand is positive, it means that the goods are substitute goods.
Substitute goods are goods that can be used in place of another good.
If the cross-price elasticity is negative, it means that the goods are complementary goods.
