If a 25 percent decrease in the price of sapphires causes a 15 percent decrease in the quantity of diamonds demanded, then the cross-price elasticity of demand between sapphires and diamonds is:

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Answer 1
To solve for the cross-price elasticity of demand:
Take the quantity of the diamonds demanded and divide it by the decrease in the price of sapphires. 
Cross-price elasticity of demand = 15/25
Cross-price elasticity of demand = 0.6

When you are solving for the cross-price elasticity of demand, you are seeing the response to the demand of a item when price changes for another good. 

Related Questions

A company's overall ability to execute is a function of effectively executing according to three processes, but bossidy and charan believe that the _____ process is the most important.

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Answer:

people processes

Explanation:

according to them people process links the remaining two processes: the strategy and operations processes. they also declared that without the right people and people process, the other two processes will not be able to function effectively.

When this diagram is used to plan an essay, the blue box represents the introduction. body of the essay. supporting ideas. conclusion.

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The answer is Introduction.

The introduction is represented by the blue box. As a result, choice (A) is the right response.

What is an introduction?

An introduction usually referred to as a prolegomenon, is the first section of an essay, article, or book where the aim and objectives of the remaining work are stated. Typically, the body and conclusion come afterward.

The introduction often provides a brief explanation or summary of the document along with a description of its purpose. It might also provide clarification on some crucial aspects of the document. As a result, the readers might form an opinion on the text before beginning to read it.

Another alternative is to start with a rough draft of the introduction and return to finish it once the body of the essay has been written. Some authors prefer to write their introductions first, while others prefer to leave them for a later point in the writing process.

Hence, option (A) is correct.

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What metric can be assigned to cluster members to control the balance of traffic between cluster members?

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Load weight is a metric that is assigned to closer members to control the balance of traffic between cluster members. 

Clusters are servers in a database/computer that manage workload management. They help spread an equal amount of workload to each server which manages them and allows them to work properly. 

The clustering coefficient and Euclidean distance are key metrics used to control and balance traffic between cluster members in network cluster analysis. These measures help to optimize network performance by avoiding bottlenecks.

In the context of network clustering, one important metric used to control the balance of traffic between cluster members is the clustering coefficient. This metric reflects how densely connected nodes are within a localized area of a network, highlighting the degree to which nodes tend to cluster together. Such a metric is crucial in understanding and managing the distribution of network load among different nodes or servers within a cluster.

For distance-based cluster analyses, common metrics such as Euclidean distance are utilized, as they quantify dissimilarities between pairs of units based on properties like geographical location or similarity in data. In network diffusion analysis, distances might also be measured based on the weighted number of paths between nodes, reflecting more contextual nuances of node interaction and network topology.Moreover, the maximum distance between nodes within different clusters can be factored into calculations to determine the overall balance of traffic. Ensuring a balanced traffic load among cluster members is essential for optimizing network performance and avoiding bottlenecks.

Network segment where only one device can communicate at a time is known as a

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Communication media is being defined as having to deliver or receive data in which only one device can carry out the specific task. An example of communication media are the following; television, web sites, video conferencing, telephone and instant messaging.

Final answer:

In network communication, a system where only one device can talk at a time is commonly referred to as a 'half-duplex' system. Data can flow in both directions, but not simultaneously, much like how walkie-talkies work.

Explanation:

In the field of Computers and Technology, specifically telecommunications and networking, a network segment where only one device can communicate at a time is also known as a 'half-duplex' system. Under this type of communication, data can flow in both directions between devices, but not simultaneously. For instance, if you've ever used walkie-talkies, it's a prime example of a half-duplex system. One person speaks (or transmits data) while the other listens (or receives data). They must take turns, and cannot speak or transmit data simultaneously, just like how devices communicate in a half-duplex system.


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How does investing in successful business ideas earn you money?

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They fund businesses and either get a certain percentage of interest back or own part of the company.

Canopy services paid k. canopy, the sole shareholder of canopy services, $5,100 in dividends during the current year. the entry to close the dividends account at the end of the year is:

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The answer is "Debit Retained Earnings $5,700; credit Dividends $5,700".


A dividends account gives you a reasonable photo of the piece of your organization's benefits from a set period that you put aside to circulate to investors. The dividends account is a sub-record of proprietor's value by means of held income. Numerous organizations incorporate profits in the held income account. When you record profits in a dividends account, despite everything you should close that record into held income toward the finish of a accounting period or monetary year.

Extras you receive for employment, which could include retirement plans, health insurance, and vacation time, are called ______. a. Flextime b. Income c. Benefits d. Outlook

Answers

The answer is C. benefits

Answer:

c. Benefits

Explanation:

Benefits are all income a worker receives in addition to the contractual salary. For example, benefits are considered life insurance, food stamps, private pension plans, health insurance, profit sharing, day off, among others. Virtually all companies provide benefits, some are more generous than others, but all benefits help the worker to have a better quality of life.

________ is process of creating related ideas in an uncritical and nonevaluative environment.

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The answer is:  "brainstorming" .
_____________________________________________________
         "  Brainstorming  is the process of creating related ideas in an uncritical and nonevaluative environment."
_____________________________________________________

A unilateral contract is formed at the moment when the contract is performed.

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Unilateral contract defines a contract that results when an offer can only be accepted by the offeree's performance.
The statement that a unilateral contract is formed at the moment when the contract is performed is false.
A unilateral contract is formed when the promises are exchanged.

Calculate the change in RGDP if the MPC is .6 and initial spending is $500,000


$2,225,000.25

$1,250,000.00

$5,525,250.00

Answers

Final answer:

To calculate the change in RGDP, use the formula: Change in RGDP = Initial Spending / (1 - MPC). Plug in the values and calculate.

Explanation:

To calculate the change in Real Gross Domestic Product (RGDP), we need to use the formula: Change in RGDP = Initial Spending / (1 - MPC)

Given that the MPC (Marginal Propensity to Consume) is 0.6 and the initial spending is $500,000, we can plug these values into the formula:

Change in RGDP = $500,000 / (1 - 0.6) = $500,000 / 0.4 = $1,250,000

Therefore, the change in RGDP is $1,250,000.00.

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Daniel has started a small shoe manufacturing company. he has a tight budget, and does not want the best equipment at the moment, so he is using equipment that is good enough to work with. in this scenario, daniel is _____.

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In the scenario in which Daniel has started a small shoe manufacturing company, but he has a tight budget, and does not want the best equipment at the moment, so he is using equipment that is good enough to work with means that Daniel is satisficing, where the term satisficing denotes a decision-making strategy that aims for a satisfactory result. 

Describe markings on a road that indicate that it is safe to pass. (What type and color of marking)

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The correct answer is a yellow dashed line. I hope that this helps!!!

"cheap talk" is considered cheap because
a. a firm can say​ anything, but may actually do something different.
b. firms avoid the costs of hiring lawyers.
c. communications via phone or email these days has a cost that is close to zero.
d. the cost of talking is far outweighed by the gains to be made in coordinating efforts.

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Hi!

The answer is D

Happy Studying!~ Simple Girl ~

True or false: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with lower costs reduce greater amounts of pollution than those with higher costs.

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True: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with lower costs reduce greater amounts of pollution than those with higher costs

Retired public school teacher, age 65, has deposited a total of $10,000 into a nonqualified variable annuity, and her account's current value is $16,000. if she wishes to take a lump-sum withdrawal of the full amount, how much of this withdrawal is taxed at the ordinary income tax r

Answers

The answer is - $6,000.00
Explanation:
Contributions to a nonqualified annuity represent cost-base dollars. When the contributions are paid out, cost base represents a return of capital and is not subject to tax. The growth in an annuity is taxdeferred
and is taxable upon receipt. In this case, of the total distribution of $16,000, the return of contributions was $10,000, leaving $6,000 taxable as ordinary income.
Reference: 3.8.1 in the License Exam Manual.

_____ is the act of using a third party to suggest possible resolutions to conflicts.

Answers

The answer to this question is:

Mediation

A shoe factory has an elasticity of supply of .5 as the price of shoes rises from $50 to $75. if the factory produced 100,000 shoes at a market price of $50, how many will be produced at the new price? 75,000 200,000 125,000 400,000

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The correct answer from the given options is "125,000".

E S (elasticity of supply) = .5 
( supply is inelastic: E S < 1 )

Now we use the following formula:

E S = Δ Q / Δ P * P / Q

Δ Q = change in quantity
Δ P = change in price
P = initial price
Q = initial quantity.
now put the values;
.5 = Δ Q / 25 * 50 / 100,000

Δ Q = .5 * 25 * 100,000 / 5

Δ Q = 25,000

Quantity at the new price = Q ( new ) = 100,000 + 25,000
= 125,000 

Answer:

125000

Explanation:

Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of her own money and the rest a car loan. Nikki bought the car with cash. Jared leased the car. What is true about their options for car insurance?

Answers

hello
Nikki had the otpion to pay in cash and and the others was  with a loan
have a nice day

Ashley, Nikki and Jared bought same cars at the same price. But they all bought them with different mode of payments.

Nikki bought the car on cash.

Ashley bought the car with some of the cash plus the loan.

Jared leased the car.

So Nikki, who bought the car on cash may have the best options to get the insurance done. Second one would be the Ashley to have good options to opt for the insurance. Lastly, Jared would have the least options of his choice to get his car insured as he has leased the car.

How many people are active users of Facebook? Over 9 million Over 90 million Over 900 million Over 9 billion

Answers

Over 900 million is the answer
Over 900 million. About 1 billion people are active on facebook

Mark Brainliest! <3

What is the name of the technique used to open the airway of an unresponsive, non-breathing guest?

Answers

The correct answer is CPR and ventilations and Rescue breathing. CPR or also known as Cardiopulmonary resuscitation is a technique used for emergencies in which is a way of providing basic life support after the individual has stopped breathing and after the individual’s heart has stopped beating. Rescue breathe on the other hand is a way of providing airway to the individual who has stopped breathing to provide oxygen which is also considered as a basic life support.

In _____, clients pay contractors to design and construct new facilities and train personnel.

Answers

The answer is turnkey projects!

Final answer:

In business, clients pay contractors to design and construct new facilities and train personnel through privatization.

Explanation:

In the realm of business, clients enlist contractors to spearhead the design and construction of novel facilities, coupled with the crucial task of training personnel, all under the umbrella of privatization. This strategic collaboration involves the outsourcing of infrastructure development to specialized contractors, enabling clients to leverage external expertise and efficiency.

By entrusting the design, construction, and personnel training to skilled contractors, businesses aim to streamline processes, optimize costs, and enhance overall operational effectiveness. This approach allows clients to focus on core competencies while fostering a symbiotic relationship with contractors for comprehensive, end-to-end solutions in the dynamic landscape of privatized projects.

______ consist of standards and tools that streamline and simplify communication among web sites and that promise to revolutionize the way we develop and use the web for business and personal purposes.

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the blank is Web services.

The cost of inflation to society includes

a. the lost spending when people do not have enough money.

b. higher interest rates paid by borrowers.

c. unpredictable changes in the value of money.

d. higher interest rates paid by the government on its debt.

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C. unpredictable changes in the value of money

Which best describes how standards help domestic producers? Standards require goods to meet basic requirements. Standards provide financial support for producers. Standards restrict the import of cheap goods. Standards offer incentives to ensure high quality.

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Standard is a custom established by an authority or government.

The following statement best describes how standards help domestic producers: Standards require goods to meet basic requirements. The standard for the domestic production are enforced by the World Trade Organization Advisory Board, which is made up of a panel of international law and trade experts.

The best description of how standards help domestic producers is Standards require goods to meet basic requirements. Option A. This is further explained below.

What are Standards?

Generally, A standard is a repeatable, standardized, agreed-upon, and recorded method of accomplishing anything.

In conclusion, Standards help control and mitigate low quality in the matrket.

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Insurance companies will usually only insure against which type of risk?

economic risk
investment risk
speculate risk
pure risk

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Insurance companies will usually only insure pure risk. Pure risk is the risk or the possibility of a loss. Insurance company would shoulder the expenses of the insured person or entity whenever there is a loss. They would only be willing to shoulder the possible loss of a person or entity out of pure risk. 

I Just need somebody to check my test for me please .. And if i got some wrong explain why ? Thanks to anyone for the help i really appreciate it.

[03.01] Margaret Rousseau developed techniques to mass-produce

cookies.

penicillin.

ammunitions.

beauty products.

Question 40 (Multiple Choice Worth 2 points)

[03.01] An entrepreneur is best defined as a person who

starts a business.

is a role model for young Americans.

manages the finances of a large corporation.

takes financial risk to try new business ideas.

Answers

Margaret Rousseau developed techniques to mass-produce: penicillin. Explanation: Margaret Rousseau was a chemical engineer who designed the first penicillin production plant

   An entrepreneur is best defined as a person who: takes financial risk to try new business ideas Explanation: The element of financial risk is inherent in entrepreneurship.

A perfectly competitive market helps ensure that the products produced are the goods that consumers want. this demonstrates the concept of:

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A perfectly competitive market helps ensure that the products produced are the goods that consumers want demonstrates the concept of allocative efficiency.
Allocative efficiency defines a state of the economy in which production represents consumer preferences and it is a characteristic of  an efficient market.

Competition forces firms to produce and sell products as long as the

Answers

Competition forces firms to produce and sell products as long as the marginal cost to consumers exceeds the marginal cost of production.


Competition forces firms to produce and sell products as long as the marginal cost to consumers exceeds the magirnal cost of production.

Hope this helps !

Photon

Harley works in the sales department at his company. he feels that the company's marketing team is not doing a good job, so without direction or permission, he starts his own social networking page to help. his page has a name similar to the company's. he posts company logos on it and uses text copied from the company web site. he posts news and sends tweets to customers and others interested in the company. when the company learns of this, what action is it most likely to take

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The company could fire him.

What are the ten main parts of a marketing plan?

Answers

1) Market Research - collect and organize data about the market you need to service
2) Target Market - find the correct market for your product or service
3) Product - know your product and how it relates to the customer base you are wanting to serve
4) Competition - know your competition and how you can be unique 
5) Mission Statement - combine above and write a statement about who you are selling to, what you are selling and how you are different from your competition
6) Market Strategies - what are your marketing and promotion strategies, consider a lot of options
7) Pricing, Positioning and Branding - combine above to establish strategies for pricing, positioning and having a well known brand.
8) Budget - budget what you can and can't afford in terms of advertising, outsourcing 
9) Marketing Goals - what are your goals and make sure you can put those into numbers (quantitate) 
10) Monitor Your Results - test and analyze, see what is working, fix what needs to be fixed
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Which one is NOT true of deep ocean trenches? A. They are associated with mid ocean ridges B. They are part of active continental margins c. They are sites where plates plunge back into the mantle d. They are long and narrow depressions at subduction zones If the hsoln of hno3 is 33.3 kj/mol, then how much heat is evolved by dissolving 0.150 mol hno3 in 100.0 ml of water? The word "old" in the phrase "the old man" is what part of speech? if 7(t-4)-2t=4(t-3), what is the value of t? Simone is buying 10 bracelets for her friends. Each bracelet costs $8. Simone is also buying a necklace for her mother for $18. She believes that her total will be $98. Which expression could be used to estimate the reasonableness of Simones total? 8 $8 + $10 8 $8 + $18 10 $8 + $20 10 $10 + $10 I need help ASAP. I don't understand how to solve this 3. Your fixed expenses are $1,500.45/month. Your emergency fund has 4 months worth of coverage. You invest half in a savings account with an interest rate of 3.15% APR and the other half in a 45 day CD with an interest rate of 4.65% APR. How much is your total interest in 45 days?4. If you had invested only 1 months worth of the emergency fund in the saving account at a 3.15% APR and the remainder in the 45 day CD at a 4.65% APR, what is the difference in the interest earned in 45 days when compared with question #3? The rate at which blood flows through the human body changes in response to many factors. Which statement describes one of these factors and its effect on blood flow? A.The narrowing of blood vessels increases pressure and leads to faster blood flow. B. High blood viscosity increases the resistance in the blood vessels and leads to slower blood flow. C. Low blood pH decreases the rate of diffusion through the blood vessels and leads to slower blood flow. D.The changing of the shape of red blood cells to a crescent shape decreases resistance and leads to faster blood flow. Select all of the potential solution(s) of the equation 2log5x=log54. Which of the following was not used by the United States and Western Europe to increase political and economic cooperation after World War II? A. the UN B. NATO C. NAFTA D. the Marshall PlanPLEASE HURRY!!!!!!!!!!!!!!!!!!!!!!!! What was the hiker's average velocity during part B of the hike? In Part A, a hiker travels four kilometers east from nine to nine-forty-five a.m. In Part B, a hiker travels six kilometers south from nine-forty-five to ten-forty-five a.m. In Part C, a hiker travels four kilometers west from ten-forty-five to eleven-fifteen a.m. In Part D, a hiker travels six kilometers north from eleven-fifteen a.m. to twelve p.m. Chief jones has been a police officer since 1960, when he was hired when he was 20 years old. he will be retiring as the police chief of a police department in a city located 60 miles outside of new york city. he has seen many changes in policing over the past fifty years. Which ones are correct? PLEASE ANSWER QUICK IF YOU KNOW which of the following best describes the noble gases?have an outer electron shell that needs only 1 electronare highly reactivehave a full outer electron shellcombine easily with other elements Distinguish between the structure of pyrimidines and purines. explain why adenine bonds only to thymine. Which of these BEST describes the reason the United States wanted to overtake the rebuilding of Japan in 1945? A)The Korean War put all of Japan at economic risk. B)The U.S. wanted to punish Japan for having started the war. C)Japan was in a key strategic location in the Pacific Ocean. D)Communist China pose a military threat to a war-ravaged Japan. The graphic compares two basketball shoes.After researching many different shoes, Chris narrows down his choice to these two. Which shoes are the best deal?1 the Hyper-Dunks because they will last for two seasons2 the Air Slammers because they are the best price3 the Hyper-Dunks because his favorite pro player wears them4 the Air Slammers because those are what his teammates chose How does the decision in meyer v. nebraska expand the definition of liberty protected by the fourteenth amendment? The House Judiciary Committee issued three articles of impeachment against President Nixon. What were they? abuse of power obstruction of justice lying under oath treasonous activities Constitutional misconduct contempt of Congress What did the executive branch do after 9/11 find the arithmetic mean an of an-1=3.9 and an+1=7.1