Answer first three words
Step-by-step explanation:
It’s Definitely D if it’s not fart on my face
Answer: (B) The price elasticity of demand for good Z = 0.86
Step-by-step explanation:
The formula for determining elasticity of demand by using the midpoint method is
(Q2 - Q1)/[(Q2 + Q1)/2] / (P2 - P1)/[(P2 + P1)/2]
Where
P1 is the initial price of the item.
P2 is the final price of the item.
Q1 is the initial quantity demanded for the item.
Q2 is the final quantity demanded for the item.
From the information given,
P1 = 10
P2 = 15
Q1 = 85
Q2 = 60
The price elasticity of demand for good Z = (60 - 85)/[(60 + 85)/2] / (15 - 10)/[(15 + 10)/2]
= (-25/72.5) / (5/12.5) = -25/72.5 × 12.5/5
= - 312.5/362.5 = - 0.86
1.33333
Step-by-step explanation:
Don't worry it checks out.
Answer:
D is correct
Step-by-step explanation:
The opposite of a negative number is the positive version of it which is 3.5 and the absolute value of a number is always the positive version of a number which would make it also 3.5. For example absolute value of -4 is 4 and absolute value of 5 is 5.
