Recent Posts • Latest Topics • Unanswered Questions

The cross-price elasticity of demand between an unlimited texting option and an unlimited call ...

melinoma86

wrote...

Go to Answer

Posts: 386

Rep:

4 years ago

The cross-price elasticity of demand between an unlimited texting option and an unlimited call ...

Question 1.

If the cross-price elasticity of demand between Breeze Detergent and Faber Detergent is a relatively large positive number, then it indicates that

▸

consumers have a distinct preference for one brand versus the other.

▸

the two brands of detergent are close substitutes.

▸

detergents are necessities.

▸

the two brands are probably made by the same company.

Question 2.

The cross-price elasticity of demand between an unlimited texting option and an unlimited call minutes option offered from a cell phone provider would be

▸

positive if subscribers consider the services complements to each other.

▸

negative no matter if subscribers consider the services substitutes or complements for each other.

▸

positive if subscribers consider the services substitutes for each other.

▸

negative if subscribers consider the services substitutes for each other.

Textbook

InMicro

Edition: 1^st

Authors: Hubbard, O'Brien

Read 137 times

1 Reply

Report

Replies

Answer verified by a subject expert

Dogggg

wrote...

Posts: 399

Rep:

4 years ago

More solutions for this book are available here

Report

Related Topics

melinoma86 Author

wrote...

4 years ago

Helped a lot

Jodias

wrote...

Yesterday

You make an excellent tutor!

rileyjones420

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1227 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

11721

Your Opinion

Previous poll results: What's your favorite funny biology word?

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.