Suppose the price of pepperpepper increases by 1010 percent and, as a result, the quantity of saltsalt demanded (holding the price of saltsalt constant) increasesincreases by 55 percent. the cross-price elasticity of demand between pepperpepper and saltsalt is nothing. (enter your response rounded to two decimal places and include a minus sign if appropriate.) in this example, pepperpepper and saltsalt are ▼ substitutessubstitutes complementscomplements not relatednot related . instead, suppose pepperpepper and saltsalt were complementscomplements. if so, then the cross-price elasticity of demand between pepperpepper and saltsalt would be

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Describe a real or made-up but possible example of a situation where an employee faces a conflict of interest. explain at least two things the company could do to make sure the employee won't be tempted into unethical behavior by that conflict of interest. (3.0 points)