Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business
New Topic  
Lauren1 Lauren1
wrote...
Go to Answer
Posts: 4120
Rep: 12 0
9 years ago
The increase in the demand for widgets, shown in the figure above, is the result of an increase in the price of McBoover devices from $9 to $11. Therefore, the cross-price elasticity for these two products is
A) -2.0.
B) -0.5.
C) 0.5.
D) 2.0.
Read 124 times
3 Replies
Replies
Answer accepted by topic starter
MrDerecheMrDereche
wrote...
#1
Top Poster
Posts: 4095
Rep: 304 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Lauren1 Author
wrote...
#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1240 People Browsing
 123 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 463
  
 376
  
 132
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Does a gender wage gap exist in America?