Answer: W= 4
Step-by-step explanation:
I think the answer is 5×500
Answer: 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.
Answer:
3 1/3 is your answer.
Step-by-step explanation:
Rewriting equation:
4 + 5/6 - 1 - 1/2
4 - 1 = 3
5/6 - 1/2 = ?
Find the LCD of 5/6 and 1/2 and rewrite to solve.
5/6 - 3/6 = 2/6
2/6 = 1/3
3 + 1/3 = 3 1/3
Whole number: 3
numerator: 1
denominator: 3
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