11 times 6=66 that is an answer
9514 1404 393
Answer:
y = 1/4x -3
Step-by-step explanation:
The inverse relation can be found by interchanging y and x, then solving for y.
x = 4y +12
x = 4(y +3) . . . . factor out 4
x/4 = y + 3
x/4 -3 = y
y = (1/4)x -3 . . . . the inverse relation
250 units would be demanded when price is $11.67.
<h3>What is price elasticity of demand?</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
<h3>What is the price?</h3>
Percentage change in the quantity demanded = (250 / 200) - 1 = 25%
Percentage change in price = 25% / 1.5 = 16.67
Price = (1 + 0.1667) x 10 = 11.67
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
Answer:
Step-by-step explanation:
x
5
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x
4
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12
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3
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7
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2
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4
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48
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2
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3
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