Business, 10.01.2020 06:31 stephany5439

A10% decrease in the price of gas grills leads to a 15% increase in the demand for flank steaks. the cross-price elasticity of demand between gas grills and flank steaks is:

a)15.0.
b)-1.5.
c) 1.5.
d) -15.0.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:50, stodd9503

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate. a. after a long search, jon finds a job. b. tyrion, a full-time college student, graduates and is immediately employed. c. after an unsuccessful job search, arya gives up looking and retires. d. daenerys quits her job to become a stay-at-home mom. e. sansa has a birthday, becomes an adult, but has no interest in working. f. jaime has a birthday, becomes an adult, and starts looking for a job. g. cersei dies while enjoying retirement. h. jorah dies working long hours at the office.

Answers: 2

continue

Business, 22.06.2019 12:20, ohgeezy

Consider 8.5 percent swiss franc/u. s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00

Answers: 2

continue

Business, 22.06.2019 21:30, lekylawhite16

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is:

Answers: 1

continue

Business, 23.06.2019 02:30, nauticajanke03

The wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to decline 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities (to the nearest billion)?

Answers: 3

continue

You know the right answer?

A10% decrease in the price of gas grills leads to a 15% increase in the demand for flank steaks. the...