Tonya is 14 (17 - 3)
<span>Kevin is 7 </span>
<span>Uncle Rob is 51 (3 x 17 = 54, less 3)</span>
Answer:
d. both the slope and price elasticity of demand are equal to 0.
Step-by-step explanation:
In order to graph the demand curve, the quantity demanded is plotted along x-axis and the price is plotted along y-axis. An image attached below shows the horizontal demand curve.
Horizontal demand curve, as its name indicates, is a horizontal line which is parallel to x-axis. Since, the slope of any line parallel to x-axis is 0, we can conclude that the slope of Horizontal demand curve is 0.
A horizontal demand curve can be observed for a perfectly competitive market. Since, its a perfect competition, the price of a product by all competitors will be the same. In this case, if a firm decides to increase the price, he will loose his market share as no customer will buy the product at increased price. They will rather go with the other competitor who is offering a similar product at lower price.
On the other hand, if a competitor decides to lower his price in such case, he will experience loss. Therefore, the competitors do not have the option to change the price. Therefore, we can say the price elasticity of demand in this case is 0.
So, option D describes the horizontal demand curve correctly.
Answer:
- FALSE
- TRUE
- TRUE
Step-by-step explanation:
<u>1.</u>
- Non-standard units can be used to measure volume
- Examples : m³, in³, cm³, mm³, L
<u>2.</u>
- The volume of a rectangular prism can be found by multiplying the length, width, and height
- <u>V = lwh</u>
<u />
<u>3.</u>
- If there are smaller units, then naturally more of the units will be used
- If there are larger units, then less of the units will be used
$68 is discounted from the regular price.
To find this, you first divide 80% by 100 to get 0.8 (the decimal form of the percentage). Then, simply multiply 0.8 by 85 (or vise verse) to get $68. Since the question is asking for how much is discounted from the regular price, the final answer would be $68.
I hope this helps!
A sinusoid is cyclical and has a period or frequency.
y = sin x is a sinusoid, with a period of 2π.
y = √x is not a sinusoid.
y = cos x is a sinusoid with a period of 2π.
Answer: y = √x is not a sinusoid.