You are the manager of a firm that receives revenues of $60000 per year from product X and $100000 per year from product Y The own price elasticity of demand for product X is 2 and the cross price elasticity of demand between product Y and X is 1.5 How much will your firm's total revenues revenues from both products change if you increase the price of good X by 2 percent

In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of