Answer:
The cross-price elasticity is - 0.8.
Explanation:
The price of antique furniture increased by 10 percent and the quantity demanded decreased by 30 percent, and with no change in the price of refinishing products, the quantity of refinishing products demanded decreased by 8 percent.
The cross-price elasticity of demand measures the change in the demand for a product due to a change in the price of a related good. Negative cross-price elasticity means the goods are complements. Positive cross-price elasticity implies that the goods are substitutes.
Cross price elasticity
= 
= 
= - 0.8
The cross price elasticity is negative which means that the goods are complements.
Answer:
it provides unbiased views and resolution to evidence presented in a case in a court of law. If jury duty was not mandatory there would be no jurors or at-most very few.
The correct answer is false.
It is false that according to the Commission on Industrial Relations, more than two-thirds of the country's mining and manufacturing workers lived in more prosperity than they had ever known.
The Commission on Industrial Relations saw its origins in 1912 to revise the laws on labor in the United States. Also known as the Walsh Commission, investigated the labor situation in the United States during the period of 1913 to 1915 and draw its conclusions that were presented one year later. By no means, the Commission stated that more than two-thirds of the country's mining and manufacturing workers lived in more prosperity than they had ever known.
Answer:
It Helps Students To Become Better Citizens: Subjects in Social Studies like Economics, Political Science and History educate students on Political Ideologies, Constitutional Laws, Citizenship, Rights and Duties, Morals and Virtues, Social Code of Conduct, thus making children aware of their roles and responsibilities ...
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