If cola and iced tea are good substitutes for consumers, then it is likely that: their cross price elasticities are greater than zero. their price elasticities of demand are less than one. their income elasticities are less than zero. their price elasticities of supply are less than one . next

their cross price elasticities are greater than zero

Explanation:

The price elasticity of cross demand is a measure of the sensitivity of the demand of one good to the price of another good. If goods are considered subtitles, elasticity will be positive, ie when the price of one of the goods rises, the demand for the other will increase. Therefore, the elasticity will be greater than zero.

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a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.