Answer:
The price elasticity of demand is -10
Step-by-step explanation:
Given
Solving (a): The coefficient of price elasticity of demand (k)
This is calculated as:
So, we have:
<em>Because |k| > 0, then we can conclude that the company made a wise decision.</em>
Answer:
left to right
12 18
13 7
Step-by-step explanation:
i got it wrong for the answer
Given:
The given statement are:
a. Eight less than the product of seven and x.
b. The sum of six and the product of three and d.
To find:
The expression for the given statements.
Solution:
a.
Product of 7 and x is 7×x = 7x.
Eight less than the product of seven and x is 7x - 8.
Therefore, the required expression for the statement "Eight less than the product of seven and x" is 7x-8.
b.
Product of 3 and d is 3×d = 3d.
The sum of six and the product of three and d is 6+3d.
Therefore, the required expression for the statement "The sum of six and the product of three and d" is 6+3d.
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