Please help not sure how to do this
1 answer:
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Answer: n = 0
Step-by-step explanation:
<u>Given expression</u>
(-3/4) (8n + 12) = 3 (n - 3)
<u>Expand parentheses and apply the distributive property</u>
-6n - 9 = 3n - 9
<u>Add 9 on both sides</u>
-6n - 9 + 9 = 3n - 9 + 9
-6n = 3n
<u>Subtract 3n on both sides</u>
-6n - 3n = 3n - 3n
-9n = 0
<u>Divide -9 on both sides</u>
-9n / -9 = 0 / -9
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Answer:
Correct option: (A) 43.48% fall in the price of a ticket.
Step-by-step explanation:
The price elasticity of demand is defined as the percent change in quantity demanded to the percent change in the price.
Given:
Price elasticity of demand = 0.23
% change in quantity demanded = 10
Compute the % change in price as follows:
Thus, a 10 percent increase in attendance can be explained by a 43.48% fall in the price of a ticket.