Business Studies, asked by clairinebeyola3234, 7 hours ago

Consumer buys 10 units of Good A when the price of Good B is $5. When the price of Good B rises to $6 (the price of Good A remaining unchanged) the consumer buys 14 units of Good A.
Part A (6 MARKS)
Using an appropriate formula, calculate this Consumer’s cross Elasticity of demand for Good A. Show your working.
Part B (4 MARKS)
Is Good A, a substitute for, or a complement to, Good B? Explain your reasoning.

Answers

Answered by zahedabumlajiwala

Answer:

are are are are are are are are are are

Previous Question

Next Question

Similar questions

English, 4 hours ago

${\orange{\boxed{\boxed{\overbrace{ \red{ \overbrace{\red{\underbrace \color{blue} {\underbrace \color{black} {\fcolorbox{magenta}{lime}{\fcolorbox{red}{black}{\fcolorbox{pink}{pink}{ \fcolorbox{blue}{blue}{{\bf{{{{\{DEFINE CHLOROPLAST࿐}}}}}}}}}}}}}}}}}}}$ ...

Math, 4 hours ago

TO INCREASE A NUMBER BY 51% WE MULTIPLY IT BY ¹⁵¹/¹⁰⁰ DONT GIVE RUBBISH ANSWER...

Sociology, 4 hours ago

WHICH IS THE LONGEST NAME IN WORLD? ANSWER MY PAST ANSWER! NO SPAM!

Psychology, 7 hours ago

the department in monitoy patient history and giving advice which directly inpnce the decision about the drug therapy nd the way in which its is...

English, 7 hours ago

poetry appreation of invitius...

Math, 8 months ago

Fill in the blanks :- -3÷_____= 1...

History, 8 months ago

இ‌ந்‌தியா‌வி‌ல் க‌ஜி‌னி மாமு‌‌தி‌ன் இராணுவ‌த் தா‌க்குத‌ல்களு‌க்கான காரண‌ங்க‌ள் எ‌ன்னெ‌ன்ன?

Math, 8 months ago

Find the difference between the number 148 and that obtained by reversing is digits...