Ski trips and ski jackets are complements. the cross elasticity of demand for ski trips with respect to the price of a ski jacket is​ _______.

Answers

Answer 1

If the price of the ski trip has increased then the demand for the ski jacket will likely decrease because of the demand curve in terms of the ski jackets that will be shipping to the leftward as the ski trip were to increase.

Answer 2

The cross elasticity of demand for ski trips with respect to the price of a ski jacket is negative, indicating that these goods are complements and demand moves inversely with price changes.

In the context of ski trips and ski jackets being complements, the cross elasticity of demand for ski trips with respect to the price of a ski jacket is negative. This is because an increase in the price of ski jackets, which are a complement to ski trips, would typically lead to a decrease in the demand for ski trips. The cross elasticity of demand measures how the quantity demanded of one good (ski trips) changes in response to a price change in another good (ski jackets).

As these are complementary goods, used together, the relationship between their price and demand is inversely related. Therefore, if the price of a ski jacket increases, fewer ski jackets are sold, and consequently, the demand for ski trips decreases, reflecting a negative cross elasticity.


Related Questions

To be​ effective, business messages should​ __________.
a. never contain opinions
b. adopt an informal tone
c. not make arguments or recommendations
d. use abstract words that lend themselves to interpretation
e. show your readers how they will benefit by responding to your message

Answers

The answer is B. You never want to adopt an informal tone for your company. 

What is a business organized according to the regulations of the united states government?

Answers

A business organized according to U.S. government regulations operates within a framework of laws covering issues from banking to safety, ensuring fair and ethical operation.

A business organized according to the regulations of the United States government is defined as an entity that operates within the framework set forth by various laws and rules. These regulations govern aspects such as banking, emissions, food and product safety, and fair labor practices.

This structured approach towards business operations is designed to maintain order, ensure efficient functioning of society, and safeguard the public interest, even within the realms of a fundamentally capitalist economy.

From the late 19th century, the U.S. government began to exert more influence over businesses, aiming to regulate and limit the power of monopolies and trusts. As businesses grew and became more complex, so did the government's role in ensuring they operated ethically and met societal goals.

The government regulates businesses by enforcing laws through federal and state agencies, which affects how companies conduct their activities, from worker safety to environmental protection.

In the U.S., there are three main types of business organizations: sole proprietorships, partnerships, and corporations. Moreover, other entities like non-profits and cooperatives also play significant roles in the economy, all operating under the umbrella of government regulations to ensure competition, innovation, and public welfare.

The apps in office are bundled together in a group called

Answers

The answer is: Suite. Hoop this helped! :D

A ________ shows the capacity required at each work center based on planned and released orders for each time period of the plan.

Answers

a load profile shows the capacity required at each work center based on planned and released orders for each time period of the plan.

God bless!

How are government businesses different from private businesses? government businesses are established by the president. government businesses do not have a board of directors. government businesses do not reinvest income. government businesses are set up by congress?

Answers

Government businesses are set up by Congress.

the answer is: Government businesses are set up by Congress.

The government business is subsidized with taxpayer's money. To create a government business, the congress need to create a proposal and vote it among themselves to be passed.

In a free market country, government businesses usually limited in handling services or resources that are essential for most citizens (such as electricity, state railways, National Fish and Wildlife Foundation , etc)

Which of the following are sources of income?

salary
deductions
part-time work
odd jobs
wishful thinking

Answers

As much as I wish this wasn't true, wishful thinking is not a solid source of income. :'(

Answer: Part time work and odd jobs

Part -time job is a source of income because it is a job done part time which brings a pay at the end of the working period.

Odd jobs no matter how odd they are are also sources of income as long as the worker gets paid.

How might increasing the level of government transfers reduce the size of the economic pie? check all that apply?

Answers

Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, .Greater transfer activity diverts productive resources into rent-seeking activity

Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.

Answers

Increasing your 401k deduction will  LOWER/DECREASE your take-home pay and LOWER/DECREASE your federal taxes in the current year.
401k is a specific amount of money that will be deducted from your initial pay so it could be allocated to your pension account.
When 401k deduction increased, it will take a bigger chunk on your salary, so your take-home pay will be reduced. The amount of 401k deduction is considered as pre-tax, so it would not be counted in federal tax.

Mackenzie is responsible for buying a week's supply of food and medication for the puppies and kittens at a local shelter. the food and medication for each puppy costs twice as much as those supplies for a kitten. she needs to feed 164 kittens and 24 puppies. her budget is $4,240. how much can mackenzie spend on each puppy for food and medication?

Answers

The budget is $4,240.

There are 164 kittens and 24 puppies.
Let
x = amount spent on each kitten
y =  amount spent on each puppy.

The cost for each puppy is twice a much as that for a kitten. Therefore
y = 2x                  (1)

The available amount is $4,240, therefore
164x + 24y = 4240          (2)

Substitute (1) into (2).
164x + 24(2x) = 4240
212x = 4240
x = $20
y = 2x = $40

Answer: $40 for each puppy.

Answer:

$40

Explanation:

What are the main goverment restrictions on sole proprietorships

Answers

The main government restrictions on sole proprietorship are as follows:
1.The zoning laws that are put in place specifies the areas of a city or a country where various types of business activities can be pursued.
2. Sole proprietorship has to obtain city or country license before they can operate their businesses.
3. Professional sole proprietorships such as doctors must be licensed by the state.
Final answer:

Government restrictions on sole proprietorships include competition limitations, resource allotment, and regulated monopoly situations. This ranges from restricted access to resources to limitations on operational activities for public interest reasons.

Explanation:

The main government restrictions on sole proprietorships largely center around competition and market monopolization. These restrictions range from financial barriers such as the cost of renting retail space to legally enforced monopolies. A classic example of this in the United States involved the sole provision of local and long distance service by AT&T for most of the twentieth century.

Additionally, there are restrictions based on available resources, particularly in broadcasting where a finite number of radio frequencies exist. Once an entrepreneur or company has purchased the rights to all of them, new competitors cannot enter the market, hence forming a legal monopoly.

This demonstrates the extent to which government limitations on competition can affect business operations, particularly for sole proprietorships. Some industries are more affected than others, such as utilities and other crucial services which are often regulated heavily to ensure customer access and quality control.

Learn more about government restrictions on sole proprietorships here:

https://brainly.com/question/7382940

#SPJ12

One of the reasons the internet may hamper quality democracy is that it

Answers

Allows false news to be spread at a rapid rate.

1. The three main types of banks (Large Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology, convenience, personal experience, fees and savings rates. For this question, put aside all of the trade-offs and look only at savings rate offered on savings accounts. Rank the following from highest to lowest on the interest rates they o

Answers

Based on the interest rate they offer on saving accounts, the bank that offers the highest interest rate is ONLINE BANK, followed by CREDIT UNION and last of all TRADITIONAL BANK. These banking institutions also sometimes offer higher interest rates that then usual for high amount of savings.

Why does the use of several depressants at once often prove to be a lethal combination?

Answers

The nervous system uses Gamma-Amino Butyric acid (GABA) as a neurotransmitter in the central nervous system. The use of several depressants increases the transmission of GABA that may cause the nervous system to slow down. The reaction of the body to several depressants is also unpredictable which makes it more dangerous.

5: Your checkbook shows a balance of $413. Your bank statement says you have $373. Assuming you are missing just one transaction, what is the amount of the transaction you are missing?

Answers

Assuming you missed a payment of $40
The amount of the transaction you are missing would be 40$.

A(n) ____ lease allows organizations to use only some of the channels on a t1 line and be charged according to the number of channels they use

Answers

The answer is:  " fractional t1 "
________________________________________

The project sponsor, project team and the support staff would be the _____ project stakeholders.

Answers

Internal is the answer

Hope this helps ❤️

The project sponsor, project team and the support staff would be the internal project stakeholders.

What do you mean by Stakeholder?

Any individuals or groups that are affected, either positively or negatively, by a project, initiative, policy, or organization are considered stakeholders. They could be internal (individuals working for your company) or external (people outside of your organization).

Any individuals or groups that are affected, either positively or negatively, by a project, initiative, policy, or organization are considered stakeholders. They could be internal (individuals working for your company) or external (people outside of your organization).

Therefore, The project sponsor, project team and the support staff would be the internal project stakeholders.

Learn more about Stakeholder, here;

https://brainly.com/question/28625232

#SPJ2

The who command reveals the remote computer from which users have logged in, when they've logged in remotely.

Answers

By definition, who command identifies or prints out information on users who are currently logged in on the local system. Not only that, but also, it displays elapsed time, processes ID of the command interpreter, logins and offs, restarts, changes of the system clock and other processes generated in the system. However, this command only identifies user locally.
Final answer:

The 'who' command is used in computer systems to reveal the remote computer from which users have logged in.

Explanation:

The subject of this question is Computers and Technology and it is relevant to High School level. The 'who' command is a command used in computer systems and it is specific to the field of computer science and technology. It is used to reveal the remote computer from which users have logged in, displaying information such as computer name, user name, time of login, and more. For example, when used in a Unix-like operating system, the 'who' command displays a list of users who are currently logged in or have logged in remotely to the system.

Learn more about Computers and Technology here:

https://brainly.com/question/20414679

#SPJ12

Professor rodgers examined survey information on people who were 65 years old and older. he found the average level of happiness reported increased from 1982 to 2002. he concluded that people under 65 years of age also experienced increasing levels of happiness from 1982 to 2002. the error he committed is called

Answers

A false assumption based data that is not representative of the population that he is making claims about. This data cannot be generalized to people that do not share the same age.

In a mosque, what form is used to allow the faithful to be called to prayer?

Answers

your answer is minaret.

Answer:

correct

Explanation:

Parental consent is not necessary for a/an _____________.

Answers

Im not really for sure here, but Adult?

The correct option is B., "Emancipated Minor", as parental consent is not necessary for an emancipated minor, who has gained legal independence, allowing them to make their own decisions.

In contrast, parental consent is usually required for children and elective procedures involving minors.

An emancipated minor is legally freed from the control of their parents or guardians.B. Emancipated minor is correct. An emancipated minor is legally freed from the control of their parents or guardians. This means they have the legal right to make decisions on their own behalf, including the ability to consent to medical procedures. This legal independence is granted through a formal court process where the minor must prove their capacity to support themselves and manage their own affairs.

On the other hand:

A. Elective procedure: Parental consent is typically necessary for minors undergoing elective medical procedures.C. Child: Parental consent is required for any medical decisions involving a child who has not been emancipated.

Full Question:
Parental consent is not necessary for a/an _____________.

A. elective procedure

B. emancipated minor

C. child

The recent financial and healthcare reform bills provide examples of how marketing can be impacted by which macroenvironmental factor?

Answers

Macroenvironmental factors can be impacted by marketing. These factors are important in health care systems. The microenvironment of a firm includes the culture, demography, economy and political and legal issues.
The recent financial and healthcare reform bills provide examples of how marketing can be impacted by the economy.

How did innovations in marketing and sales encourage conspicuous consumerism in the united states?

Answers

More products were available lower prices than before.
Prices go down and people can afford more goods.
Marketing and sales innovations make use of advertising to create awareness about products. Advertising is a kind of communication which typically persuade people to buy an idea, product or service. Advertisers usually intentionally create messages to convince the consumers that they need the product that is been advertised. Along with advertising, companies also provide innovative means by which consumers can engage in wide scale shopping. All these encourages consumers to acquire goods and to increase their consumption of diverse products; this leads to conspicuous consumerism in America.

The overall, company-wide program for selecting a particular target market and then satisfying consumers in that market through careful blending of the elements of the marketing mix is known as

Answers

Answer:  "marketing strategy" .
____________________________________________________

What are the three most critical components that a marketer needs to examine to segment a market effectively?

Answers

1. Identifiability (and measurability)
2. Accessibility
3. Responsiveness

1. Identifiability
    - the target market must be identifiable to determine which of the
      consumers belong to the segment. The target market must be well-
      defined and measurable, particularly in terms of population, income, and
      age bracket. 

2. Accessibility
    - this refers to the ease of reaching the identified market segment in terms
      of geography and economy with appropriate market strategies. 

3. Responsiveness
    - the target market should be evaluated if they will respond (i.e. purchase)
      the products and services created for them. There is little point in
      identifying a market, creating a product, and developing marketing
      strategies if the consumers themselves see little value in what is being
      offered to them. Thus, the products and services must meed the
      consumers' or organizations' needs. 

The deceased was in a motor vehicle accident. there are multiple fractures, facial abrasions and deep lacerations on the face. major restorative work is needed. the preferred treatment for sunken eyes before embalming is

Answers

1) Hypo tissue builder

Some colleges charge for student parking. currently, your college does not charge for parking but the administration announced a possible charge of $2 per day. you are not sure when the new parking policy will start; therefore you decide to maintain a $5 bill in your wallet. you hold cash for the

Answers

Final answer:

The question addresses the rising cost of college, highlighting how tuition, fees, and other expenses have significantly increased over the years, making it difficult for minimum wage earnings to cover these costs and leading to high levels of student loan debt.

Explanation:

The discussion about college parking fees is a reflection of the broader issue of the rising cost of college. Historically, the cost for tuition, fees, room, and board has consistently increased, making it challenging for students and families to afford higher education. For instance, between the 2000-2001 and 2019-2020 academic years, these costs more than doubled for private four-year colleges and increased by almost 2.5 times for public four-year colleges.

Moreover, earning a full-time minimum wage salary is often insufficient to cover these expenses. In fact, working 40 hours per week at minimum wage brings in $15,080 before taxes, which falls short when compared to the estimated cost of $19,548 for one year at a public university, as reported by the College Board in 2016. These financial pressures have contributed significantly to the accumulation of student loan debt, which has surpassed the $1.3 trillion mark.

Brandname parts, inc., makes and sells parts for the repair of major appliances. clarice suffers a loss when a defective brandname part in her freezer fails to keep the contents fresh. a statute restricts the time within which clarice may file a product liability suit once she has discovered or should have discovered the damage. this is a statute of​

Answers

This is a STATUE OF LIMITATION.
The statue of limitation refers to the law which forbids prosecutors from charging someone with a crime that was committed more than a specified number of years ago. The major aim of this law is to ensure that conviction occur only upon evidence that has not deteriorated with years.

If deflation occurs and your income is fixed, your real income:

Answers

Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.

What is a company's unique responsibility to its stockholders?

Answers

Stockholders role for companies is to invest money in them in the purpose of helping them to grow and prosper. In return, the company's role is to give back the money stockholders gave in the first place, plus interests. So, the company's responsibility for its stockholders is to make sure they will continue to grow and make enough profits to give them back the money they invested, with benefits.

Final answer:

A company has a fiduciary obligation to maximize profits for its stockholders, who are the owners of the company. Shareholders elect a board of directors to make decisions that align with this goal and manage long-term sustainability. The rate of return is not explicitly promised, but effective management and board decisions should lead to financial benefits for the shareholders.

Explanation:

A company's unique responsibility to its stockholders primarily revolves around a fiduciary obligation to maximize profits. Shareholders, who may number in the thousands or even millions for a public company, invest in the firm by purchasing stocks. When a company sells stock, it raises capital, which is used to operate and grow the business. The rate of return expected by stockholders is not explicitly promised at the time of stock purchase; however, shareholders expect the company to perform well, which can lead to increased stock value and dividends.

Regarding decision-making, shareholders elect a board of directors based on the number of shares owned, with more shares translating into more voting power. The board is then responsible for hiring the company's executives, who manage day-to-day operations, in alignment with the goal of maximizing shareholder value. This dynamic attempts to ensure that the management's interests are aligned with those of the shareholders.

However, corporations cannot solely focus on immediate profits. They must also consider the long-term sustainability and ethical implications of their decisions, ensuring the health and viability of the company in the future. Failure to adhere to these fiduciary duties can result in legal consequences and damage to the company's reputation.

Which all managers have, is power that results from a manager's authority to reward his or her subordinates. rewards can range from praise to pay raises, from recognition to promotions?

Answers

The answer is Reward power.
This is a type of power which all manager have, is the power that concludes from managers' authority to reward their subsidiaries.
Reward power is simply a power of a manager to give a reward to employee as a means of influence to act, rewards can be tangible or intangible.
Other Questions
Mentally estimate the total cost of items that have the following prices 1.85 $ .98 $3.49 $9.78 and $6.18 round off your answer to the nearest half dollar TRUE OR FALSE: Modern democracies function as republics in which elected officials make decisions for the majority of the people. Most of Jana's friends are on her basketball team. They avoid alcohol so they can stay fit and healthy for their sport. Her family has also decided to avoid addictive substances because there is a history of addiction within the family. Jana is a big fan of a basketball star who speaks to young athletes and encourages them to avoid harmful substances.Which of these would be most likely to negatively influence Jana toward alcohol addiction? Why did the olmec likely live in the tropical lowlands or mexico? When sandra bem discusses androgyny is she talking about gender role or gender identity? English ???!!!!!!!!! Which event triggered the civil wars that ended in Augustuss rise as emperor?1.the adoption of Christianity as official religion2.the assassination of Julius Caesar3.the division of the Roman empire into eastern and western empires Biff earned $45 working at happy days drive-in. He spent 1/3 of the money on gas for his car and 1/5 of it on the flowers for his girlfriend. How much money does he have left for the big date? I know what the answer is but I do not know how to show my work or explain it. Please show me how you got the answer thank you very much I will make the points on this problem go up! 380 students increase 5% what is the new amount of students Sam was still finishing his breakfast when his brother Leo left for school. Sam started to run after Leo when Leo was already 100 meters away. How soon will Sam catch up, if he is running at a speed of 105 meters per minute while Leo is walking at a speed of 65 meters per minute? what is root word definition for misconstrue What north american region produced iconic musicians elvis presley and johnny cash, as well as race car driver dale earnhardt? Why did many ancient civilizations in Africa develop near bodies of water? A. There were fewer competing cultures along riverfronts and beaches. B.There was no room inland for people to start up homes and farms. C. The pastoral tribes of people refused to share the land with farmers. D. The surrounding land was much more difficult to cultivate. Why does dever always have a lower station pressure than chicago? In addition to the base, what are the other components of a nucleotide?a. sugar and polymeraseb. phosphate and sugarc. phosphate and polymerased. phosphate and helixe. helix and sugar Which european country did max weber focus on in noting the different levels of economic activity in predominantly protestant regions versus predominantly catholic regions? Mauro: Profesora Martinez, _____ a la obra de teatro el sbado? Profesora Martinez: No, no _____; estoy ocupada.A. Va voyB. Van vamosC. vas vamos Point M and N are midpoints of AB and DA respectively.Complete the following table to prove triangle CDN triangle CBMFor the last reason choose from: SSS, SAS, or ASA.*image attached below* |Statement | Reasonline DC _____ | The sides of a square are congruent.line BM _____ | They are both half the length of a side of the square.angle _____ angle B | All the angles of a square are congruent. triangle CDN CBM | ____________________________________ | Why does Yoni think the Arab he finds is perfect for his film? Terms that have the same variables raised to the same powers are called ___ terms. Steam Workshop Downloader