Answer:
Cross Price Elasticity (Splishy Splashy & Raskels) = -0.8
Cross Price Elasticity (Splishy Splashy & mookies) = 1.2
Mookies are recommended to me marketed with Splishy Splashies.
Explanation:
Substitutes are goods that are inter changeable for a want. Complements are goods that are jointly demanded for a want.
Substitutes price & demand are inversely related, cross price elasticity is negative. Complements price & demand are positively related, cross price elasticity is positive.
Cross Price Elasticity Formula = <u>percentage change in demand </u>= <u>% ∆ D</u>
percentage change in price. % ∆ P
Cross Price Elasticity (Splishy Splashy & Raskels) = <u>% ∆ D (raskels</u>
% ∆ P (splishy splash)
= 4/-5 = -0.8
Cross Price Elasticity (Splishy Splashy & mookies) = <u>% ∆ D (mookies)</u>
% ∆ P (splishy splash)
= -6/-5 = 1.2
Cross price Elasticity (Splishy Splashy & Raskels) is negative, so they are substitute goods. Cross Price Elasticity (Splishy Splashy & mookies) is positive, so they are complementary goods.
Splishy Splash & Mookies are complementary goods. So, Mookies are recommended to me marketed with Splishy Splashies.
30-minute launch window opens at 10:56 p.m.
Roger is wrong by 3cm, so
3/15 X 100 = 20% error.
Answer: <u><em>The adjusting entry at the end of the year will include a credit to Allowance for Doubtful Accounts in the amount of: $750</em></u>
Given:
Accounts receivable = $640
Allowance for Doubtful Accounts = $110
<em><u></u></em>
<em><u>Therefore, the correct option is (c).</u></em>
Another name for a file allocation unit is a Cluster. a cluster is the smallest unit in disk space allocation, which is used to store small part of file. i hope this helps ♡