To solve for the cross-price elasticity of demand:
Take the quantity of the diamonds demanded and divide it by the decrease in the price of sapphires.
Cross-price elasticity of demand = 15/25
Cross-price elasticity of demand = 0.6
When you are solving for the cross-price elasticity of demand, you are seeing the response to the demand of a item when price changes for another good.
Answer:
The correct answer is letter "A" and "D": Focusing on the concerns of the audience; Being purposeful.
Explanation:
While writing business reports, it is important to be concise and short. The message provided must go<em> straight to the purpose</em> of writing the report. Statistical data should be considered without making it the center of the report -unless necessary- because the objective is always capturing the <em>audience's attention</em> with simple but meaningful facts.
Answer:
I think it would false hope this helps
You believe that the spread between the September s&p 500 future and the s&p 500 index is too large and will soon corrected. to take advantage of this mispricing, a hedge fund should <u>sell S&P 500 Index futures and buy all the stocks in the S&P 500.</u>
A fund is an investment allocated for a specific purpose. The fund's cash pool is often professionally invested and managed. Some common types of funds are pension funds, insurance funds, endowments, and endowments.
Funds are formed by pooling funds from multiple investors. A fund is a pool of funds available for a specific purpose. A professional manages the money and invests it in securities. Fund managers manage funds and use several strategies to effectively invest their funds.
Learn more about Funding here: brainly.com/question/25887038
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Answer:
Needs, wants, and ability to purchas
Explanation:
There is no reason to focus on consumer needs thousands of years ago. But we can say that technological advances and communication are wreaking havoc in this regard. Trends and fashions mark each day more than we want to obtain, consume and buy. And that has multiplied by a thousand in the last hundred years
