allendm581 allendm581
  • 20-07-2024
  • Business
Answered

If a 5% increase in the price of X results in a 7% increase in the quantity demanded of Y, the cross elasticity coefficient between X and Y is ________:
A) 0.7
B) 1.4
C) 1.4
D) 1.4



Answer :

Other Questions

What value of x makes the equation true ? 4(2x-4)=16
What value of x makes the equation true ? 4(2x-4)=16
jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music
find the circumference of a circle whose radius is 15.4cm
jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music
All of the following expressions have a value between 0 and 1, excepta. \frac{(-3^{7})}{(-3)^9}b. 4^{-10}× 4^{6}c. \frac{(8^3)^3}{8^{-4}} d. ( \frac{2}{5} ^{8})
jasmines cd collection is 3/8 jazz 1/4 rap and the rest is rock music what is the fraction of rock music
In scientific notation, what is the sum of 2.3 times 10^{-3} and 5.4 times 10^{-4}?a. 2.84 times 10^{-3}b. 5.63 times 10^{-3}c. 7.7 times 10^{-7}d. 12.42 times
What value of x makes the equation true ? 4(2x-4)=16
In scientific notation, what is the sum of 2.3 times 10^{-3} and 5.4 times 10^{-4}?a. 2.84 times 10^{-3}b. 5.63 times 10^{-3}c. 7.7 times 10^{-7}d. 12.42 times