If the cross-price elasticity of demand for two goods is 1.25, then the two goods are luxuries. the two goods are substitutes. one of the goods is normal and the other good is inferior. the demand for one of the goods conforms to the law of demand, but the demand for the other good violates the law of demand. the two goods are complimentary goods
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Business, 22.06.2019 10:30, kingyogii
The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.
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Business, 22.06.2019 12:00, hannaboo53
Identify at least 3 body language messages that project a positive attitude
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Business, 22.06.2019 16:30, emmmssss21
Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
Answers: 3
If the cross-price elasticity of demand for two goods is 1.25, then the two goods are luxuries. the...