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 _.

For each of the following, mark whether it is a possible confounder (a factor that mixes up the results, making it look like candy is to blame when it's a causal (or causation) link which supports the argument that candy causes criminal behavior (ie, explains how candy leads to criminality ), or neither (an irrelevant factor, something that may cause people to become criminals but has nothing to do with eating candy). choose your answers based only< on the information given. additives in candy- additives found in candy may adversely affect brain development of young children in ways that could contribute towards adult aggression. impulsive personality-- kids who are highly impulsive and have trouble delaying gratification are more likely to eat candy every day as children and more likely to disobey laws as adults. violent abuse-- children who suffer violent abuse are more likely to become violent adults and commit violent crimes. gender- boys are overwhelmingly more likely to commit violent crimes

Use your map on page 347 to find europe (hint: there is a smaller map on the bottom of that page that shows you specifics! ) name three countries in europe. *

Giving into indirect pressure to change your behavior or thoughts is called?