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sveticcg [70]
2 years ago
5

Suppose a firm produces two products, X and Y. The firm earns revenues from X equal to $70,000 and revenues from Y equal to $60,

000. The own price elasticity of demand for X is -1.5 and the cross-price elasticity of demand between X and Y is -0.80. If the firm decreases the price of product X by 1%, the change in total revenues will be ______________ $
Business
1 answer:
tia_tia [17]2 years ago
3 0

Answer:830

Explanation:

simply follow the demand fomula and plug variables into desired location.

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Emily works in an orphanage and strongly believes that what she does is important and adds real values to the lives of others. S
Allushta [10]

Answer: EMPATHY

Explanation: Empathy can be defined as the ability of an individual to understand the feelings of other individuals. It is the capacity of experiencing the difficulties that the others are facing.

In the given case, Emily works in an orphanage and believes what she do is important. Emily understands the feeling of loneliness that those orphan children experiences even though she is not an orphan herself. Hence , we can conclude that she is reflecting empathy.

3 0
3 years ago
Read 2 more answers
Police can seize evidence not covered by a search warrant when
Mariana [72]
The best answer would be B. the evidence is in plain view
4 0
3 years ago
At ICS Inc., a company that deals in software products, employees regularly complain about the lack of clarity regarding the tas
nekit [7.7K]

Answer:

<u>E) recruitment and selection</u>

<u>Explanation:</u>

The <u>human resource department </u>of an organization is responsible for assigning tax to employees after recruitment based on their abilities.

Hence, the human resource team at ICS Inc needs to improve on filling the gaps in the organization or selecting the best employee for a particular job. This role involves providing clarity regarding the tasks employees are required to perform.

8 0
3 years ago
Selling price per unit = £0.63
ikadub [295]

Answer:

368 units

Explanation:

The Break-even point is calculated by dividing fixed cost by the contribution margin per unit.

Fixed cost = £140

Contribution margin per unit = Selling price per unit - variable cost per unit

Selling price = £0.63 : Variable cost :  £0.25

Contribution margin per units =£0.63 - £0.25

=£0.38

Break-even point = £140 / £0.38

=368.42

=368 units

5 0
2 years ago
At Tuxedo Park Tire and Rubber, a number of striking workers are picketing at the plant entrance. Because the picketers have sta
andre [41]

Answer:

Injunction

Explanation:

An Injunction is a court order requiring a person or a group of persons to desist from carrying out certain activities. If the person or group of persons desist from obeying the  injunction, the individual(s) are in contempt of the court

Types of injunctions

  1. Permanent Injunctions
  2. Temporary restraining orders
  3. Preliminary injunctions.

The striking workers are affecting the activities of the company they work for. The next step the company is supposed to take is to take legal actions to stop the striking workers. this can be achieved with an injunction

4 0
2 years ago
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