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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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Verizon Manufacturing Company spent $400,000 in 2019 to inspect incoming components. Of the $400,000, $240,000 is fixed appraisa
eimsori [14]

Answer:

The question is incomplete, the option include:

  • $20,000 decrease.
  • $45,000 decrease.
  • $80,000 decrease.
  • <em>$160,000 decrease.  is Correct</em>
  • $320,000 decrease.

Explanation:

1. In 2019 the number of finished units with internal faults = $400,000 completed units * 0.05 = $20,000.

2. In 2020 the number of finished units with internal faults = $20,000* (1 -0.1) = $18,000.

3. In 2020, the projected cost of internal failure= $18,000 * $80= $1,440,000;

4. In 2019 the expense of internal failure= $20,000 * $80 = $1,600,000.

5. Projected shift in the cost of internal failure = <em><u>$1,600,000 - $1,440,000 = decrease of $160,000</u></em>

4 0
3 years ago
What can be done when parties are faced with moral differences that seem to be intolerable?
nirvana33 [79]
They can go to a well known reputable counsellor and both present their points of view and their reasoning and discuss it with the counsellor who should be able to delve into the reasoning for their moral positions and perhaps find common ground for the two positions or point out inconsistencies in the arguments of one to increase understanding of the other parties's position and arrive at a mutually beneficial result.
4 0
3 years ago
QUESTION 5 of 20: You plan to put anti-theft devices on each garment in your store. You have 575 garments and it takes an employ
Aleksandr [31]

Answer:

1.6

Explanation:

I just did my marketing quiz, it comes out at about 1.59 so 1.6

7 0
3 years ago
David works for a large steel company in ohio and regularly uses his private email to communicate company secrets at home and ab
SCORPION-xisa [38]

Based on the scenario above, this is an example of treason. Treason is an act where an individual commit acts that shows that he or she is betraying his or her own country. An example of this is where an individual spill secrets of his or her own country that is private to other country in means of betraying his or her own.

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3 years ago
The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with sa
andrezito [222]

The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with safe working conditions and equipment is Federal Hazardous Substances Act (FHSA) .

The Federal Hazardous Substances Act (FHSA) requires precautionary labeling on the immediate container of hazardous household products to help users safely store and use those products and to give them information about immediate first aid steps to take if an accident happens.

The Act also allows the Consumer Product Safety Commission to ban certain products that are so threatening or the nature of the hazard is such that the labeling the act requires is not adequate to protect consumers.

The Act requires hazardous household products ("hazardous substances") to bear labeling that alerts consumers to the potential hazards that those products present and that suggests what they need to do to protect themselves and their children from those hazards.

To know more about federal laws refer to:

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7 0
2 years ago
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