Mathematics
Mathematics, 11.04.2020 00:15, isabelsmhl

Suppose the demand function for good X is given by: a = 15-0.5P, -0.8P, where is the quantity demanded of good X, P, is the price of good X, and P, is the price of good Y, which is related to good X Refer to Scenario 5-2. Using the midpoint method, if the price of good X is constant at $10 and the price of good Y decreases from $10 to $8, the cross price elasticity of demand is about O

a.-0.80, and X and Y are complements
b.-2.57, and X and Y are complements.
C.-0.22, and X and Y are complements.
d. 0.57, and X and Y are substitutes.

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 14:30, famouzgal
Part a : solve - vp + 40 < 65 for v . part b : solve 7w - 3r = 15 for r show your work!
Answers: 1
image
Mathematics, 21.06.2019 17:00, alexabdercmur
You are a clerk at convenience store. a customer owes 11.69 for a bag of potatoes chips. she gives you a five dollar bill. how much change should the customer receive?
Answers: 2
image
Mathematics, 21.06.2019 20:00, Ap621765
In one day there are too high tides into low tides and equally spaced intervals the high tide is observed to be 6 feet above the average sea level after six hours passed a low tide occurs at 6 feet below the average sea level in this task you will model this occurrence using a trigonometric function by using x as a measurement of time assume the first high tide occurs at x=0. a. what are the independent and dependent variables? b. determine these key features of the function that models the tide: 1.amplitude 2.period 3.frequency 4.midline 5.vertical shift 6.phase shift c. create a trigonometric function that models the ocean tide for a period of 12 hours. d. what is the height of the tide after 93 hours?
Answers: 1
image
Mathematics, 21.06.2019 22:00, vipergod07
Four quarts of a latex enamel paint will cover about 200 square feet of wall surface. how many quarts are needed to cover 98 square feet of kitchen wall and 52 square feet of bathroom wall
Answers: 1
Do you know the correct answer?
Suppose the demand function for good X is given by: a = 15-0.5P, -0.8P, where is the quantity demand...

Questions in other subjects:

Konu
English, 03.05.2021 21:30