Answer:
b
Step-by-step explanation:
Answer:
The answers to the questions are;
B. increases.
C. inelastic; increase.
Step-by-step explanation:
The price elasticity of demand for a linear demand in absolute value curve becomes smaller and smaller as we move downwards of the curve.
When the price elasticity of demand is calculated along a linear demand curve. This is so as for each pair of points at which the price elasticity of demand is calculated, the quantity demanded and the price change are somewhat similar, but as we move towards the top of the demand curve, the high prices and the low quantities shows the increase in demand elasticity.
Also in the inelastic region, as it can be shown by the areas of the rectangles formed by to adjacent price points, increase in price, increases the total revenue.
Answer:
x = 16
Step-by-step explanation:
please mark this answer as brainlest
Answer:
66 jars of jam
Step-by-step explanation:
Elizabeth is selling jam at a farmers market.
She earns $5 for each jar of Jan that she sells
Her goal is to earn $450 during the weekend.
Elizabeth has already made $95 from the sale of her jams and $24 from leading a demonstration
Therefore the total amount that has been made is
= $95 + $24
= $119
Since her target is $450 and she has already made $119 then the amount remaining to complete the target can be calculated as follows
= $450 - $119
= $331
The minimum number of jars that Elizabeth must sell to realize her goal can be calculated as follows
= 331/5
= 66
Hence Elizabeth must sell 66 jars of jam to reach her goal.
(2, 0) (2, 7) assuming that Y can equal anything.
