The quantity will decline by 15%.
<u>Step-by-step explanation:</u>
Elasticity of Demand = % Change in quantity / % Change in price
ð 1.50 = % change in quantity / 10
ð Percentage change in quantity = 15%
Percentage change in quantity shows an inverse relation with respect to the percentage change in price. In this case of ice-cream, a 10% jump in the price will result the quantity to fall by 15%.
The answer is B because 4 x 1.25 is 5
Do you mean like write 31 in words? If yes,
Thirty one.
interest=4000
amount =6000
time =4yr
principal =6000-4000
=2000
interest=principal×time×rate/100
4000= 2000×4×r/100
4000=8000×r/100
r=8000-4000/100
r=2000/100
r=20
<u>×</u><u>-3</u>
4x
Step-by-step explanation:
multiply numerator and denominator by x and combine fractions