Suppose tinsel town videos lowers the price of its movie club membership by 10 percent and as a result, cinearts videos experienced a 16 percent decline in its movie club membership. what is the value of the cross- price elasticity between the two movie club memberships

The value of cross price elasticity is 1.6.

Step-by-step explanation:

Since we have given that

Percent change in price = 10%

Percent change in quantity = 16%

So, we need to find the cross price elasticity between the two movie club memberships.

As we know the formula for cross price elasticity :

Hence, the value of cross price elasticity is 1.6.

median is the value separating the higher half of a data sample, a population or probablity distribution from the lower half.

step-by-step explanation:

say you have 3,8,7,3,1,9,8 order them from lowest to highest

if orderd it would be 1,3,3,7,8,8,9 now you take away from the lowest and the highest until you end up in the middle.

so you would remove the 1 and 9 leaving you with 5 digits remaining

when you've reached the middle that would be your answer so in this case the answer is 7

if there were two numbers left say 7 and 5 you'd and them together so 12 then divide by 2 witch would equal 6 so the answer would be 6

good luck on that project hoped i you at all