subject
Business, 09.10.2019 21:00 Vlop3971

Faced with high gas prices, americans are substituting smaller cars for suvs. in april 2008, toyota yaris sales increased 46 percent and ford focus sales increased 32 percent from a year earlier. sales of suvs decreased by more than 25 percent in 2008 and chevrolet tahoe sales fell 35 percent. full-size pickup sales decreased more than 15 percent in 2008 and ford f-series pickup sales decreased by 27 percent in april 2008. the effect of a downsized vehicle fleet on fuel consumption is unknown. in california, gasoline bought decreased by 4 percent in january 2008 from a year earlier. source: thenew york times, may, 2, 2009use the information in the news clip, along with the fact that in california, the price of gasoline in january 2008 increased by about 30 percent from a year earlier. calculate the cross elasticity of demand for toyota yaris with respect to the price of gasoline and the cross elasticity of demand for ford focus with respect to the price of gasoline.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
question
Business, 22.06.2019 18:00
Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?
Answers: 1
question
Business, 22.06.2019 19:30
When it is 4: 00 a.m. in halifax, it is 1: 00 p.m. in karachi, and when it is 9: 00 a.m. in karachi, it is 5: 00 a.m. in warsaw. mary left halifax to fly to karachi, but she accidentally left her watch on warsaw time. according to mary’s watch, she left halifax at 9: 40 p.m. on monday. the local time when she arrived at karachi was 3: 00 p.m. tuesday. how long was mary’s flight? a. 9 hours, 20 minutes b. 13 hours, 20 minutes c. 14 hours, 20 minutes d. 17 hours, 20 minutes
Answers: 1
question
Business, 23.06.2019 01:00
Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins
Answers: 2
You know the right answer?
Faced with high gas prices, americans are substituting smaller cars for suvs. in april 2008, toyota...
Questions
question
Mathematics, 03.07.2019 13:30
question
Mathematics, 03.07.2019 13:30
question
Mathematics, 03.07.2019 13:30
question
Mathematics, 03.07.2019 13:30
question
Mathematics, 03.07.2019 13:30
question
Mathematics, 03.07.2019 13:30
Questions on the website: 13722363