Compared to coffee, we would expect the cross elasticity of demand for: Group of answer choices tea to be positive, but negative for cream. tea to be negative, but positive for cream. both tea and cream to be negative. both tea and cream to be positive.

Answers

Answer 1

Tea to be negative, but positive for cream is the cross elasticity of demand as compared to the coffee.

What is cross elasticity demand?

When the price of one of the items varies, the cross elasticity of demand analyzes the link between the two. It illustrates how the relative shift in demand for one good changes as the cost of the other increases or decreases.

Thus, option B is correct.

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Related Questions

Adam smith believed that _____________ would lead to the production of items that consumers want.

Answers

Adam smith believed that consumer demand leads to the production of items that consumers want.

What is Consumer Demand?

A group's desire for a good or service based on availability is measured economically as "consumer demand." It serves as a representation of consumer purchase behavior and aids in identifying demographic-specific purchasing patterns.

Thus, consumer demand leads to the production of items that consumers want. It serves as a representation of consumer purchase behavior and aids in identifying demographic-specific purchasing patterns.

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PLEASE HELP ME!! sos

Answers

The statement that best describes a blank endorsement is putting a signature of your name in the endorsement area of the check. Thus, Option C is the correct statement.

What Is a Blank Endorsement?

A blank endorsement refers to a signature on a financial instrument together with a check. No payee is specified, so any holder of the instrument ought to declare payment. The signature basically turns the instrument right into bearer security.

That is, it isn't registered to any individual however is payable to the individual that possesses it.

Therefore, The statement that best describes a blank endorsement is putting a signature of your name in the endorsement area of the check. Thus, Option C is the correct statement.

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A simultaneous increase in both the demand for tablets and the supply of tablets would imply that:

Answers

A simultaneous increase in both the demand for tablets and the supply of tablets would imply that a the value of tablets to consumers has increased, and the cost of producing tablets has decreased.

What is the law of demand?

Demand can be regarded as the quantity of a good that consumers is able to buy at given period of time willingly.

Therefore when there is  increase in both the demand for tablets and the supply of tablets, it means the consumer has understood the value because the value of a product can influence demand.

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Why should we be careful about what we post on social media and the internet?

Answers

One should be careful about posting on social media platforms because this post enables viewers to frame a mindset about an individual and their personality.

What is a social media platform?

Social media platform refers to a stage where people communicate with each other and share their opinions and knowledge on different content.

One should be careful while posting on social media because the content posted on these platforms will lead to the evaluation of the personality and mindset of an individual by the audience. These evaluations can be both negative and positive.

These platforms play a key role in a career when an employer checks the background history of a candidate. Any posts that create a negative impact will lead to spoil the impression before the hiring manager.

Therefore, it is important to be careful while posting stuff on social media.

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Blank include long term investments such as real estate and retirement savings

Answers

A capital market is the market that include long term investments such as real estate and retirement savings.

What is a capital market?

This refers to financial system that is particularly concerned with raising capital by dealing in shares, bonds, and other long-term investments.

Hence, because real estate and retirement savings forms part of long-term investments, they are part of capital market.

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Answer: Nonliquid assets

Explanation:

How is compound interest different from simple interest?

Answers

Answer: How is compound interest different from simple interest?

Explanation:  Simple interest is interest payment is calculated on only the principal amount; whereas compound interest is interest calculated on both the principal amount and all the previously accumulated interest.  

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suppose the price of an important input in the production of books were to increase. what can be concluded about the quantity of books supplied at a price of $16?

Answers

The conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the quantity supplied is reduced.

How do production costs affect supply?

When production costs (input) increase, the quantity supplied at a given price decreases.

Conversely, a decrease in production costs increases the quantity supplied.

Thus, the conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the quantity supplied is reduced.

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Globalization as an apparent universal civilization revolves around the emergence and spread of common systems, including but not limited to, political relations, economic transactions, technology creation / transfer, and

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Globalization is an apparent universal civilization that revolves around the emergence and spread of common systems that include, but are not limited to, political relations, economic transactions, technology creation/transfer, and Cultural Influence.

What is Globalization?

Globalization refers to the process of spread of financial products, goods, technology, information, and jobs across national borders and cultures.

It is the growing interdependence of the world's economies, cultures, and populations that is brought by cross-border trade in goods and services.

It has increased the interconnection of local and nationalistic economies across the world.

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A driver brought an action for negligence against a motorcyclist in federal district court arising out of a car accident. The motorcyclist collided with the driver's car after he was unable to brake in the rain while driving down a hill. At the close of all evidence, the motorcyclist moved for judgment as a matter of law. The court denied the motion and submitted the case to the jury. Following a brief deliberation, the jury returned a verdict in favor of the driver, assessing $100,000 in damages. The court then entered judgment against the motorcyclist. Six months later, the manufacturer of the motorcycle issued a product recall for the brakes. The manufacturer had discovered that the brakes did not operate in the rain if the motorcycle was being driven downhill. Neither the manufacturer nor the motorcyclist was aware of this defect during the motorcyclist's trial, despite examination of the motorcycle by experts. At this point, what is the appropriate motion for the motorcyclist's lawyer to file

Answers

Given the case that is presented here the best thing for the lawyer to file would be a  Relief from judgment.

What is a relief from judgment?

This can be described as the motion that is made to a law court that has them asking for the correction of a mistake that was made in the given judgment.

This could be as a result of certain mistakes and oversights. From what is read here, neither the manufacturer or the cyclist was aware of the defect at the time that the trial was ongoing.

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The ______ cost of any resource used to produce a good is the value or worth the resource would have in its best alternative use.

Answers

Answer:

The answer is economic

Explanation:

The Economic cost of any resource used to produce a good is the value or worth the resource would have in its best alternative use. Hence, the gap is filled.

What does Economic cost signify?

Economic Cost has been widely used over the period of time by various individuals, mainly Economists, to better understand the various products and their usage in the market.

Economists have worked for individuals over a period of time and have also set prices for some commodities. The economic cost generally suffices to the fact that whether the goods have earned profit or have incurred a loss. The economic cost is very much beneficial for the companies so that with ease they could monitor whatever the problem is.

Economic cost also includes the opportunity cost which is also inclusive while setting the price of commodities. Hence, the above statement is correct.

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Susan is initially offered a new SUV for $24,000 and agrees to buy it. But when the sales manager comes back after getting some paperwork, he informs Susan that the SUV is actually $26,000, not $24,000 as she was told. The increase in price is due to several upgrades that the car company has installed, including tinted windows, navigation system, and satellite radio. This is an example of the _________ technique.

Answers

The increase of the new SUV from $24,000 to $26,000 after the agreement illustrates a low-balling technique.

What is a low-balling technique?

This is a tactics used when the persuader gets a person to commit to a low offer that they have no intention of keeping and then, the price is suddenly increased.

Hence, the increase of the new SUV from $24,000 to $26,000 after the agreement illustrates a low-balling technique.

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the mortgage and the deed of trust are ______ that pledge property as collateral for a loan.

Answers

The mortgage and the deed of trust are security deeds that pledge property as collateral for a loan.

What are security deeds?

Security Deed is a document containing properties and material's that are used as security for loans.

It is for the lender and borrower.

Therefore, The mortgage and the deed of trust are security deeds that pledge property as collateral for a loan.

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The three types of scaffolds are ________________.

a. supported, needle beam, and two point suspension
b. supported, two point suspension, and aerial lift trucks
c. supported, aerial lift trucks, and "cherry pickers"
d. supported, suspended, and aerial lift trucks

Answers

Answer:

The answer is d: supported, suspended, and aerial lift trucks

Explanation:

An elevated temporary work platform is called a scaffold. Scaffolds can be divided into two categories:

Supported scaffolds are made up of one or more platforms that are held up by rigid parts like, for example, poles, frames and legs.

The scaffolds that hang from ropes or another pliable, above support, consisting of one or more platforms are suspended scaffolds

Aerial lifts, in particular, can be thought of as different kinds of supported scaffolds.

Practices and processes that encourage the use of external as well as internal ideas in order to create new products and services is known as Blank______ innovation.

Answers

Open innovation change that adds value to be product or service

Practices and processes that encourage the use of external as well as internal ideas in order to create new products and services is known as Blank______ innovation.


Innovation is the incarnation of creativity into a usable product or service. In the entrepreneurial environment, invention is any new idea, process, or product, or a change to be product or process that adds value to that being product or service.
Open innovation  is principally a volition to this conventional system of doing invention where information has to stay within preset confines.

A mindset, if you will, of being open to sharing and entering information.
This companion explains how you can make invention a crucial business process and outlines the different approaches you can take. It gives you advice on planning for invention and creating the right business terrain to develop your ideas. It also outlines the help and support available to innovation businesses.


The business case for innovation Approaches to invention Planning Encourage invention in your business Backing innovation

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Arthur's parents own a home appliances business. His parents along with his three older brothers manage the business together. They want Arthur to help with the business once he graduates. Arthur has agreed to join the family business without putting much thought into this decision. In this scenario, Arthur is in the status of identity referred to as Group of answer choices identity diffusion.

Answers

Arthur is in the status of identity referred to as identity foreclosure.

What is Identity foreclosure?

Identity foreclosure can be defined as the stage of self or identity discovery in which a young person identify what they are capable of doing but they are yet to experience other available options.

Hence, he agreed to join the family business without thinking about his decision because he is in identity foreclosure stage.

Therefore Arthur is in the status of identity referred to as identity foreclosure.

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On November 1, Jovel Company loaned another company $100,000 at a 6% interest rate. The note receivable plus interest will not be collected until March 1 of the following year. The company's annual accounting period ends on December 31. The amount of interest revenue that should be reported in the first year is:

Answers

The amount of interest revenue that will be recorded in the books of Jovel Company as on December 31 will be $1,000.

What is interest revenue?

The revenue which is generated by a company by the way of earnings made through interest over debts during a financial period is known as an interest revenue.

Using the above information, it can be ascertained that the total interest revenue over a loan of $100,000 will be $6,000, however, it was issued on November 1, and accounts close on December 31, so the interest revenue for 2 months will be computed as under,

[tex]\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{Total\ Interest\ Revenue}{12}\ x\ No.\ of\ Months\\\\\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{6000}{12}\ x\ 2\\\\\rm Interest\ Revenue\ for\ 2\ Months= \$1000[/tex]

Thus, the interest revenue has been computed as above.

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A person who buys a piece of new furniture, finds it damaged, and says nothing because he doesn't want to confront the retailer, is engaging in the personal conflict style of:

Answers

A person who buys a piece of new furniture, finds it damaged, and says nothing is engaging in the personal conflict style of: avoiding.

What is avoiding personal conflict style?

Avoiding personal conflict style can be defined as the way in which a person choose to avoid any form of conflicts.

A person with avoiding personal conflict style personality will tend to always run away from conflict  rather facing the conflict just as in the case of the scenario given.

Therefore he is engaging in the personal conflict style of: avoiding.

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The liquidity, income, price-level, and expectations effects help to explain how changes in ________________can affect _______________. a. the money supply; the interest rate b. velocity; the interest rate c. real gdp; the money supply d. the interest rate; the money supply e. velocity; real gdp

Answers

The liquidity, income, price-level, and expectations effects help to explain how changes in velocity can affect the interest rate.

What is the interest rate?

The rate, at which banks and other financial institutions offer the acceptance of deposit from their customers, which are under the control and regulations of the country's central bank, is known as interest rate.

There exists a direct relationship between the interest rate and velocity of the money, which indicates that when the velocity of money in the market increases, the interest rate also increases and vice versa.

Hence, option B holds true and states regarding velocity and interest rate.

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A company received a utility bill of $650 but did not pay it. Indicate the amount of increases and decreases in the accounting equation. (Decreases to account classifications should be entered as a negative.)

Answers

Based on the fact that the utility bill was received but not paid, the increases and decreases are:

Assets - $0Liabilities - +650Equity - (-650)

What is the effect on the accounting equation?

Liabilities will increase by the utility bill of $650 because the company owes this amount.

Equity will decrease by $650 because this expense will come out of revenue. The total assets will remain unchanged as a result of equity ad liabilities canceling each other out.

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If you have an orientation where you read manuals and fill out paperwork, it is probably a _____. a. new hire orientation b. interactive orientation c. reorientation d. mentorship please select the best answer from the choices provided a b c d

Answers

If you have an orientation where you read manuals and fill out paperwork, it is probably new hire orientation. Thus option A is correct.

What is orientation?

The process of acclimating freshly hired personnel to their new office is called orientation. It gives staff members the fundamental organizational knowledge they require to feel ready for their new workgroup, division, and job within the company.

As there will be new people or employees who will be coming to get the job. So it will be a necessity to give them information about the company.

Also what will be their job or what are the rules and regulations is to be told to the employees. Therefore, option A is the correct option.

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Question 3 of 20
International accountants need to keep track of
and gains when doing business in other countries.
OA. business success rates
B. exchange rates
OC. unemployment rates
OD. gross domestic product growth rates
which can affect losses

Answers

The International accountants need to keep track of the exchange rates and gains when doing business in other countries.

Why are exchange rates and gains important?

These are important because this can affect the level of gains because the currency values in exchange differs.

Hence, they need to keep track of the exchange rates and gains when doing business in other countries.

Therefore, the Option B is correct.

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1. What area of law protects the sale of a home?

common law

contract law

statutory law

criminal law

2. With respect to a contract, what does the term “consideration” mean?

Both parties agree to be considerate to one another.

Something of value must be exchanged between the parties.

One party offers valid terms, and the other party accepts those terms.

The terms of the contract are enforceable.

3. Which system of law is a complete set of rules enacted as a single written system or code?

common law

administrative law

civil law

statutory law

Answers

1 contract law

2 Something of value must be exchanged between the parties.

3 civil law

Why is the law important?

Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.

How many kinds of Laws?

Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.

Scientific LawsImperative LawsCommon LawsCriminal Laws

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What type of credit involves a set number of payments at a set dollar amount for a fixed period of time?.

Answers

Installment credit involves a set number of payments at a set dollar amount for a fixed period of time.

What is installment credit?

Installment credit is regarded as a method of credit where the repayment of the amount along with interest is made at regular intervals, and the periodic payments are also fixed. It is also known as EMI.

Hence, the significance of installment credit is aforementioned.

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Daniel has been working hard all year and just received a bonus check from his employer. Rather than spend
it now, Daniel stores all his money in a high-yield savings account because he is planning to buy a boat in
the future. Daniel is using money as a

a: store of value
b: medium of exchange
c: source of inflation
d: unit of account

Answers

Answer:

Store of Value.

Explanation:

Money will successfully function as a store of value when it’s easy to store and it can reliably hold its value over time.

A company that has socially responsible human resources management is Multiple choice question. likely to perform better financially likely to perform worse financially going to lose money by providing pay raises going to save money by not hiring those who are disabled

Answers

A company that has socially responsible human resources management is likely to perform better financially

What is social responsibility?

Social responsibility include an individual contribution to his or her environment.

When a company is socially responsible it means the company is contribute immensely t the social life of the employee and the environment.

They will perform better financially because they will always get positive feedback for every of their investment towards their staff.

Therefore, A company that has socially responsible human resources management is likely to perform better financially

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What things should you consider when setting up a checking or savings account with a financial institution?

Answers

Answer:

What profit will you get

Some critics of the unemployment rate say that it under-reports the actual unemployment problem by:

Answers

Critics of the unemployment rate say that it under-reports unemployment because it does not include discouraged workers.

What goes into the employment rate?

The unemployment rate takes into account only people who are actively looking for work.

It does not include people were looked for work and then got discouraged which means that it does not propery account for those who want jobs even though they can't get them.

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Country M wants its regional trading group of countries to have a common currency and common monetary and fiscal policies. This level of integration is called a(n) ________.

Answers

Country M wants its regional trading group of countries to have a common currency and common monetary and fiscal policies. This level of integration is called a(n)  Economic Integration.

What Is Economic Integration?

Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. Economic integration aims to reduce costs for both consumers and producers and to increase trade between the countries involved in the agreement.

Economic integration is sometimes referred to as regional integration as it often occurs among neighboring nations. Economic integration refers to the agreement between the economies of the world in a given geographic region in order to reduce trade barriers such as removal of trade tariffs, free flow of goods, etc. This facilitates global trade and economic cooperation wherein the countries engage them in encouraging and promoting the trade business of each other.

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In what kind of nation are members of a society most likely to have good educational opportunities?

a developing nation

a developed nation

a country emerging from an economic and political crisis

an underdeveloped nation

Answers

Answer:

a developed nation for states

Which of the following is correct regarding expectancy theory? Group of answer choices Effort is only useful in improving motivation levels in employees with specialized jobs. It proposes that highly repetitive tasks directly increase employee attentiveness and decrease absenteeism. It states that work effort is directed toward behaviors that people believe will lead to the most favorable outcomes. Effort is made up of three independent components of which only one component affects motivation.

Answers

"An effort is only useful in improving motivation levels in employees with specialized jobs" is correct regarding expectancy theory.

What is expectancy theory?

Victor Vroom of the Yale School of Management put forth the expectation hypothesis in 1964. According to the expectation theory, a person's motivation is determined by their level of desire for a reward, their assessment of the likelihood that their efforts will result in the expected performance (Expectancy), and their conviction that their efforts will pay off once they meet their expectations (Instrumentality).

Expectancy is the conviction that stronger efforts will yield better results. Expectations are affected by things like having the necessary skills to do the job, having access to the resources you need, being able to receive the information you need, and receiving the necessary support to get the task done.

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An iatrogenic illness is an unfavorable response due to. Given that the expression p dollars for every q items describes a unit price, which statement must be true? Consider the function f(x)=3^x and the translation if f(x) named g(x). Janeen created a table for select values of x. What can be concluded about the relationship between two functions? Write the formula and calculate the molecular mass of 1) Soda ash2) Baking Soda3) Lime Stone4) Ethanol5) Common Salt List all of Adnan's good qualities. Qualities are subjective, but list the things that Sarah Koenig to view as good. What value of a make the equation 14-a=19-12 Given a_4=135\;and\;a_6=1215a 4 =135anda 6 =1215, find the explicit rule for the geometric sequence, given that the common ratio is positive. Solve the following...6x - 5 = -9x -9 Which of the following is the best use of a timeline? In Oedipus the King, Part II, what makes Oedipus sure that he fulfilled the prophecy?O A. the Shepherd's claim that he was given a child by Jocasta and that Jocasta was the mother of the childO B. the Messenger's claim that Oedipus' feet were pinned together when he was a babyOC. the Shepherd's inability to remember and recognize the MessengerO D. Jocasta's decision to pay her respects at the shrines of the gods What is the circulatory system?A) Temperature Regulator B) Transport SystemC) Immune System BoosterD) Heater Discuss immigration in contemporary Europe, especially the effect of the Schengen Zone on illegal immigration. Terry brings home $14 per hour he works. When he started this job, he had$40 in the bank. Write and graph the equation that would represent howmuch money Terry has in the bank (y) after x hours of work. Identify the x-and the y-intercepts. Do they make sense in this context. If so, what do theytell us about Terry's situation? Find the point (3, 82) on the graph. What doesthat point represent in the context of Terry's situation? which one is the odd one out in these sets fern, conifer and moss Evaluating a piece-wise function. 10 pts 4. What is the government of your Village/ town doing to keep its area clean? 4. What is the Village/town doing to keep its area clean ? Simplify this radical. [tex]\sqrt{84} \\\\1; 2\sqrt{21} \\2; 2\sqrt{42} \\3; 4\sqrt{21} \\or 4; 4\sqrt{42} \\[/tex] Which sentence uses exact words and sensory details to help the reader picture whats happening? A. The day I learned to water ski was one of the best days of my life. B. I loved the feel of cool water spraying against my face. C. Someday, I want to learn to snowboard. D. I hope I can go water skiing again, soon! Help !! Ill mark brainliest !! Your teacher gives you extra h.w on the weekends if the class average on the exam is under 75%.this is an example of