Business, 11.02.2021 21:40 mathlady12

Consider the market for . Suppose the price of increases from $ to $ per . As a result, the demand for decreases from to . Using the midpoint formula, what is the cross-price elasticity of demand for ? . (Enter a numeric response using a real number rounded to two decimal places. Don't forget the minus sign.) Suppose the cross-price elasticity of demand for with respect to the price of is . In this instance, and are substitutes complements .

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:40

Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

Answers: 1

Answer

Business, 22.06.2019 08:50

Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize

Answers: 3

Answer

Business, 22.06.2019 09:50

Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000

Answers: 1

Answer

Business, 22.06.2019 13:30

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?

Answers: 1

Answer

You know the right answer?

Consider the market for . Suppose the price of increases from $ to $ per . As a result, the dema...

Questions

Business, 23.09.2021 21:00

Melony Inc., a supermarket chain, utilizes the expertise of its employees from the marketing, design, product outlay, supply management, and inventory...