If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%
It would be 37’000 because 20% of 185000 is 37’000 which you get by 20 x 185000 and dividing the answer to 100.
I’m pretty sure it’s 2 but i’m not 100 percent on that
For this case we have that by definition, the equation of the line in the slope-intersection form is given by:

Where:
m: It is the slope of the line
b: It is the cut-off point with the y axis
We have the following points through which the line passes:

We find the slope of the line:

Thus, the equation of the line is of the form:

We substitute one of the points and find b:

Finally, the equation is:

Answer:

Answer:
j + 47 = 53
Step-by-step explanation: