Social Studies, 02.09.2021 01:00 bethzabezarahi

Hey, I am taking a Microeconomics class. A lot of the course uses this formula (that I can't figure out why I'm not grasping) and I want to make sure that I understand what I'm doing wrong and the concept of the formula before I continue without really knowing what I'm doing. --Here is the question--
Rachel is hosting the neighborhood barbecue party at her house and decides to grill hotdogs. Last year, a package of hotdog buns costed $7 and a package of hotdogs costed $10 and Rachel had bought 15 packages of buns and 15 packages of hotdogs at that time.

Now the price of buns has increased to $8 a package, and the price of hotdogs remained at $10. Rachel decides she will only buy 10 packages of hotdogs this year.

Using the mid-point formula, the cross-price elasticity is _ and the goods are _.

Hey, I am taking a Microeconomics class. A lot of the course uses this formula (that I can't figure

Answers

Answer from: Quest

Laziness.what's the opposite of success? failureso, what's the opposite of effort? laziness.

Answer from: Quest

This question is an opinionated one, and we don’t know anything about the module or anything, thus we can not answer it. but if you are having trouble on what it is asking basically it is just asking to (using your knowledge on the topic) say which topics you were most interested and which were the most challenging.hope this : p

Answer from: Quest

answer; sutherland-differential association;

Answer from: Quest

answer; cognitive dissonance;

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Hey, I am taking a Microeconomics class. A lot of the course uses this formula (that I can't figure...