Business, 26.11.2019 19:31, ityeoboy1727
An increase in the price of hot dogs from $1.60 to $2.00 per pound increased the average number of hamburgers demanded per capita per week from 1 to 1.4. assuming that all other economic variables were held constant, the arc cross-price elasticity of demand between hot dogs and hamburgers is
a. –1.5, which indicates that the two goods are substitutes.
b. 1.5, which indicates that the two goods are complements.
c. 1.5, which indicates that the two goods are substitutes.
d. –1.5, which indicates that the two goods are complements.
Answers: 2
Business, 22.06.2019 05:30, junior2461
Identify the three components of a family's culture and provide one example from your own experience
Answers: 2
Business, 22.06.2019 06:20, kingyogii
At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58
Answers: 1
Business, 22.06.2019 13:10, jameahkitty123
bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?
Answers: 2
Business, 22.06.2019 20:40, leeshaaa17
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. how much will you have in the account in 19 years?
Answers: 2
An increase in the price of hot dogs from $1.60 to $2.00 per pound increased the average number of h...
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