yachtboy32391 yachtboy32391

07-06-2024
Business

Answered

A firm calculated that the income elasticity of demand for its signature product was equal to (+)0.87. Based on this information, we can say that the firm's product is:
a. A substitute good
b. A complementary good
c. An inferior good
d. A normal good

Answer :

Other Questions

3 tons=how many pounds

what is the answer to 7-6(7/5+7)

Translate the word phrase into a variable expression. The quotient of a number and 3 is decreased by 1.

discriminant of 9x^2+12x+4=0

From the book Fahrenheit 451, What is the cliffhanger from part 2, The Sieve and the Sand??

What is square root of 1/25

Is the earth crust around earth is one solid piece true or false ?

Tamara is reviewing recent orders at her deli to determine which meats she should order. She found that of 1,000 orders, 450 customers ordered turkey, 375 custo

A water balloon was dropped from a high window and struck its target 1.1 seconds later. If the balloon left the person's hand at -5.0 m/sec, what was its veloci

What is the percentage of 199.50 out of 286?