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andreyandreev [35.5K]
2 years ago
11

For which pairs of goods is the cross-price elasticity most likely to be positive?.

Business
1 answer:
algol132 years ago
6 0

The pairs of goods for which the cross-price elasticity would be postive are pens and pencils.

<h3>What is cross-price elasticity?</h3>

Cross price elasticity of demand measures the percentage change in the quantity demanded of good A to percentage change in the price of good B.

If cross price elasticity of demand is positive, it means that the goods are substitute goods. Substitute goods are goods that can be used in place of another good.

Here are the options of this question:

a. peanut butter and jelly

b. bicycle frames and bicycle tires

c. pens and pencils

d. college textbooks and iPods

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

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The united states is a major trader in ________, the fastest growing segment of world trade.
Mekhanik [1.2K]

The United States is a major trader in​ <u>SERVICES</u>, the fastest growing segment of world trade.

<h3 /><h3>What does the U.S. trade?</h3>

There are several things that the United States trades with other countries and one of the main ones is services.

Services are the fastest growing segment when it comes to world trade and the United States is a heavy trader of services. Some prominent services include Video and Music media.

Options for this question are:

  • A. commodities.
  • B. automobiles.
  • C. food and beverage
  • D. Services

Find out more on trading services at brainly.com/question/5376094

#SPJ1

4 0
1 year ago
The establishment of lobster fishing season in the state of Florida is an example of:
SashulF [63]

Answer:

Government intervention in the economy.

Explanation:

The government in some cases take actions that affect the economy to have an impact and address inefficiencies. In this case, the intervention takes the form of a regulation that establishes a lobster fishing season in the state of Florida. Because of that, the answer is that this is an example of government intervention in the economy.

5 0
3 years ago
Patagonia goes to great lengths to minimize work-family conflict by offering interesting benefits like on-site childcare. As a r
Llana [10]

Answer:

A. Increased perception of quality by customers

Explanation:Work-family conflict is a term used to describe the imbalance created by the incompatible Demands by the responsibilities of a person at work and the person's responsibility at home.

WORK-FAMILY CONFLICT IS A MAJOR FACTOR CAUSING LOW EMPLOYEE MORALE ESPECIALLY FOR NURSING WOMEN,REDUCED WORK PERFORMANCE AND HIGH ABSENTEEISM ETC AMONG WORKERS.

When an employer puts systems in place to helps reduce the impact of this Work-family conflicts most of the performance related backslides in Organisations will be effectively managed.

6 0
3 years ago
Read 2 more answers
Please describe an effective leadership style
Lostsunrise [7]

Explanation:

noluyo anlamıyom ya döyler misiniz

8 0
2 years ago
The Baldwin company will sell 100 units (x1000) of capacity from their Baker product line. Each unit of capacity is worth $6 plu
yKpoI14uk [10]

Answer: $2,210,000

Explanation:

From the question, we are informed that the Baldwin company will sell 100 units (x1000) of capacity from their Baker product line and that each unit of capacity is worth $6 plus $4 per automation rating.

We are further told that the Baldwin company will sell the capacity for 35% off. The amount they'll receive when the capacity is sold will be:

The cost per unit will be

= 6 + (4 × 7)

= 34

The worth of the capacity will now be:

= 100000 × 34

= 3,400,000

The amount received will be:

= 3400000 × (1-35%)

= 3400000 × 0.65

= $2,210,000

3 0
3 years ago
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