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Makovka662 [10]
2 years ago
11

everyone's indiviaual demand for a particular good or service can be represented by the same demand curve

Mathematics
1 answer:
bija089 [108]2 years ago
5 0

The statement "everyone's individual demand for a particular good or service can be represented by the same demand curve " is false. Option B

This is further explained below.

<h3>What is the demand curve?</h3>

Generally, In the field of economics, a demand curve is a graph that illustrates the relationship between the price of a particular commodity and the quantity of that commodity that is demanded at that price. Specifically, the graph shows how the quantity of a commodity is affected by the price of the commodity.

Demand curves may be used to analyze the price-quantity connection for a single customer, or they can be used to analyze the relationship for all consumers in a certain market.

In conclusion, It is a fallacy to assert that "everyone's individual need for a given commodity or service can be represented by the same demand curve."

Read more about Demand curves

brainly.com/question/13131242

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Complete Question

Everyone's indiviaual demand for a particular good or service can be represented by the same demand curve

True or false

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Anthony purchased a T-shirt for $14.95 and a pair of pants for $21.35.
Mashutka [201]

Answer:

Anthony gave the sales clerk $40

Step-by-step explanation:

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3 years ago
Suppose a set of data about the spread (in hundreds of acres) of a food-borne bacteria (after t weeks) in lettuce has the follow
Alexxandr [17]

Answer:

A sinusoidal model would be used

The kind of function that have consistency in the periodic rate of change is the Average rate of changes

Step-by-step explanation:

The type of model that would be used is sinusoidal model and this is because there is periodic change in the values given ( i.e the rate of changes given )

For percentage rate of changes :

starting from 0.9% there is an increase to 1.3% then a decrease to 1.1% and a further decrease to 1% before an increase to 1.3% and another decrease to 1%

For Average rate of changes:

starting from 2.9 there is a decrease to 2.4, then an increase to 3.7 and another decrease to 3.1 followed by an increase to 3.6 and a decrease back to 3.2

This relation ( sinusoidal model ) is best suited for a linear model because there is a periodic rate of change in the functions

The kind of function that have consistency in the period rate of change is the Average rate of changes

6 0
3 years ago
the main rotor of a helicopter rotates 430 times per minute. find the number of degrees through which a point on the main rotor
n200080 [17]

Answer:

2580 degrees rotated per second

Step-by-step explanation:

since  you have to find the degrees it rotates per second.

you need to divide 430 by 60 to find rotations per second

1)          430/60

             =  7.16666667 rotations per second

-then you have to multiply it by 360 degrees ,because their is 360 degrees in a circle

2)        7.16666667 (360)

            =  2580 degrees rotated per second

6 0
3 years ago
Please someone help, give the right answer it’s important
Flura [38]

Answer:

2

Step-by-step explanation:

∠ MNQ = ∠ MNP + ∠ QNP

Since NP bisects ∠ MNQ , then

∠ MNP = ∠ QNP

3 0
3 years ago
Use the first and last data points to find the slope intercept equation of a trend line.
andriy [413]

Answer:

y = \frac{16}{3}x-79

Step-by-step explanation:

From the given table,

Two points are (1, 15) and (7, 47)

If the two points (x_1,y_1) and (x_2,y_2) are lying on a line then slope 'm' of the line will be,

m = \frac{y_2-y_1}{x_2-x_1}

   = \frac{47-15}{7-1}

   = \frac{32}{6}

   = \frac{16}{3}

Let the equation of a line passing through (h, k) is,

y - h = m(x - k)

If the line passes through (1, 15)

y - 1 = \frac{16}{3}(x-15)

y = \frac{16}{3}x-\frac{16}{3}(15)+1

y = \frac{16}{3}x-80+1

y = \frac{16}{3}x-79

4 0
3 years ago
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