Answer:
4.5
Step-by-step explanation:
It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
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Answer:
7.236
Step-by-step explanation:
Answer:
$143.2
Step-by-step explanation:
20% of 179 is 35.8
so 179-35.8 = 143.2
Apply substitution
x+4(-2x-4)=19
x – 8x – 16 = 19
-7x = 19 + 16
-7x = 35
x = -5
Then substitute this value to the other equation
y=-2x-4
y = -2(-5) – 4
y = 10 – 4
y = 6
the answer is then letter A. (-5,6)
