The cross-price elasticity of demand for hevs and gasoline is 2.57.
<h3>What is
cross-price elasticity of demand?</h3>
A cross-price elasticity of demand is an economic tool that measure the %change in quantity demand for a good after a change in the price of another
The demand is calculated by %change in the quantity demanded of one good over %change in the price of the other good.
Hence, the % of quanitty demanded is 36% and the % of change in the price is 14%
Cross-price elasticity of demand = 36% / 14%
Cross-price elasticity of demand = 2.57142857143
Cross-price elasticity of demand = 2.57
In conclusion, the cross-price elasticity of demand for hevs and gasoline is 2.57.
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<em>brainly.com/question/10712828</em>
Velocity can be thought of as the object's speed and direction, or change in position over time<span>.
</span>
Answer:
4096^1/8
Explanation:
Since we can calculate 2^12 = 4096 =>
we can simply express 4096 to the power of 1/8th
thus, we get 4096^1/8
Answer:
if possible can you do this in English please?? :)
accurate perceptions rely on stereotypes
hope this helps :)
