ktie7174 ktie7174
  • 25-04-2024
  • Business
contestada

The cross-price elasticity of demand between goods X and Y is -3.5. If the price of X decreases by 7 percent, the quantity demanded of Y will:
A. decrease by 24.5 percent.
C. increase by 24.5 percent.
B. decrease by 2.45 percent.
D. increase by 2.45 percent.

Respuesta :

Otras preguntas

Are the light waves reflecting off a red stop sign longer or shorter than the waves reflecting off a Violet colored jacket
Simplify the expression 14+2y+3-6y
Are the light waves reflecting off a red stop sign longer or shorter than the waves reflecting off a Violet colored jacket
Which type of seismic waves produces the most severe ground movement?
A CABLE COMPANY CHARGES $25 PER MONTH AND $5 FOR EVERY PAY-PER-VIEW MOVIE ORDERED. WRITE THE EQUATION THAT REPRESENTS THE SITUATION,LET B represent the total bi
what is the meaning of The superior man loves quality; the small man loves comfort
What is the world formula of photosynthesis? The chemical formula?
What is 1/3 of $55,000.00
What is the matrizie of {3x-2y=-27 {x+3y=13
Background Info:The standard enthalpy of formation (ΔH∘f) is the enthalpy change that occurs when exactly1 mol of a compound is formed from its constituent elem