subject
Business, 19.02.2021 01:00 Kwasi214

. If the cross-price elasticity of demand for two goods is -4.5, then a. the two goods are substitutes. b. the two goods are complements. c. one of the goods is normal while the other good is inferior. d. one of the goods is a luxury while the other good is a necessity.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:30
The movement of an economy from one condition to another and back again
Answers: 2
question
Business, 22.06.2019 17:30
Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding
Answers: 2
question
Business, 22.06.2019 20:10
As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits
Answers: 3
question
Business, 23.06.2019 10:30
How many years do you have to go to school for business management
Answers: 2
You know the right answer?
. If the cross-price elasticity of demand for two goods is -4.5, then a. the two goods are substitut...
Questions
question
English, 04.08.2019 20:40