subject
Business, 01.10.2019 05:00 lauryngrace37

Sandra purchases 5 pounds of coffee and 10 gallons of milk per month when the price of coffee is $10 per pound. she purchases 6 pounds of coffee and 12 gallons of milk per month when the price of coffee is $8 per pound. sandra's cross-price elasticity of demand for coffee and milk is

a) 0.82, and they are substitutes.
b) 1.22, and they are substitutes.
c) -0.82, and they are complements.
d) 1.22, and they are complements

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:00
Amarket that consists of all possible consumers regardless of their specific needs or wants is a
Answers: 1
question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 11:30
Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)
Answers: 2
question
Business, 22.06.2019 14:10
When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.
Answers: 2
You know the right answer?
Sandra purchases 5 pounds of coffee and 10 gallons of milk per month when the price of coffee is $10...
Questions
question
Chemistry, 07.12.2020 09:10
question
Geography, 07.12.2020 09:10
question
Biology, 07.12.2020 09:20
question
Spanish, 07.12.2020 09:20
Questions on the website: 13722367