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vichka [17]
2 years ago
8

A 2 percent increase in the price of milk causes a 6 percent reduction in the quantity demanded of chocolate syrup. What is the

cross-price elasticity of demand for chocolate syrup with respect to the price of milk?
Business
1 answer:
scoray [572]2 years ago
7 0

Answer: the cross-price of elasticity of demand for chocolate syrup with respect to the price of milk would be :

e = % ΔQ chocolate syrup / %ΔP of milk

e = -4% / 2%

e = -2 %

Explanation:

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competition, goodwill with trade partners, and importation of goods

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2 years ago
The Walthers Company has a semi-annual coupon bond outstanding. An increase in the market rate of interest will have which one o
professor190 [17]

Answer:

The answer is D.

Explanation:

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6 0
3 years ago
For every decision you make, there is a trade-off.
AleksandrR [38]

Answer:

True

And you know What is the meaning the trade-off?

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Good luck

5 0
3 years ago
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XYZ Corporation 10-year bonds paid its annual coupon of $110 yesterday. There are seven (7) annual coupons remaining. The bond h
Brums [2.3K]

Answer:

Price of the bond is $1,215.57

Explanation:

Price of the bond is actually the present value of all cash flows of the bond.  Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $110 x [ ( 1 - ( 1 + 7% )^-7 ) / 7% ] + [ $1,000 / ( 1 + 7% )^7 ]

Price of the Bond = $592.82 + $622.75

Price of the Bond = $1,215.57

4 0
3 years ago
Money markets are marketsfora.Foreigncurrencies.b.Consumer automobileloans.c.Common stocks.d.Long-term bonds.
Harlamova29_29 [7]

Answer:

e. Short-term debt securities such as Treasury bills and commercial paper.

Explanation:

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4 0
3 years ago
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