Suppose nationwide increases the insurance premium they charge for their auto policies by 24 percent. in response, the demand for state farm auto policies in a small town increases from 1 comma 500 to 1 comma 800. what is the cross-price elasticity of demand for state farm auto policies in this town? using the midpoint formula, the cross-price elasticity of demand for state farm auto policies is nothing. (enter your response rounded to three decimal places.)

In the second column, determine if penguin patties are a complement to or a substitute for each of the goods listed. finally, complete the final column by indicating which good you should recommend marketing with penguin patties.

Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo