BUSINESS COLLEGE

If the cross- price elasticity of demand between beer and wine is 0.31, then beer and wine are complements. a. substitutes. b. price-inelastic goods. c. necessities.

Answers

Answer 1
Answer:

Answer:

The answer is Substitutes.

Explanation:

For cross-price elasticity we can either have substitute goods or compliment goods. If the cross-price elasticity is positive, then the goods are substitutes and If the cross-price elasticity is negative, then the goods are compliments.

In this example, the cross-price elasticity is 0.31. This answer is postive, meaning, beer and wine are substitutes.

So 1% increase in price of wine will make demand of beer to rise by 0.31.

It can't be complement s because it is not negative.

It can't be necessities because this does not relate to cross-price elasticity


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MIDDLE SCHOOL

What is pass-through taxation?

Answers

Answer:

Pass-through taxation refers to the fact that a pass-through business pays no taxes. ... This is opposed to either traditional corporations or C-corporations, in which the company itself pays corporate taxes on income the corporation earns.

Answer:

Pass-through taxation refers to the fact that a pass-through business pays no taxes. ... This is opposed to either traditional corporations or C-corporations, in which the company itself pays corporate taxes on income the corporation earns.

Explanation:

COLLEGE

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at all. (True/False)

Answers

Answer:

True.

Explanation:

In assessment of risk, a firm can employ the use of cost benefit analysis to determine it risk acceptability or avoidance. This can simply be explained as; if the cost of accepting the risk is higher than the benefit/returns from such risk the project is deemed to be rejected.

HIGH SCHOOL

What is true about emotiona and financial decisions?

Answers

According to my research I found questions similar to this with matching options:

You should only make financial decisions when you are in a good mood.
You should only make financial decisions when you are in a bad mood.
You should try to leave emotions out of financial decisions.
Emotions have no impact on financial decisions.

Among those choices the best answer would be the first one A) You should only make financial decisions when you are in a good mood because its true that emotions have impact on financial decisions, you should never leave your emotions out of anything, and you should definitely never make any decision in a bad mood because it would fair badly for you.
HIGH SCHOOL

Real Events Promotion Corporation licenses Stadium Souvenirs, Inc., to sell Real Events caps, sweatshirts, and similar goods. This is Select one: a. an entrepreneur. b. a sole proprietorship. c. a principal-agent relationship. d. a franchise.

Answers

Answer:

d. a franchise.

Explanation:

A franchise is a license acquired by a business (franchisee) that gives them access to another business's (franchisor) knowledge or allows the franchisee to sell goods and services of the other business.

The franchisee produces or markets the goods under the patented or trademarked name of the franchisor.

I hope my answer helps you

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