Answer:
d. both the slope and price elasticity of demand are equal to 0.
Step-by-step explanation:
In order to graph the demand curve, the quantity demanded is plotted along x-axis and the price is plotted along y-axis. An image attached below shows the horizontal demand curve.
Horizontal demand curve, as its name indicates, is a horizontal line which is parallel to x-axis. Since, the slope of any line parallel to x-axis is 0, we can conclude that the slope of Horizontal demand curve is 0.
A horizontal demand curve can be observed for a perfectly competitive market. Since, its a perfect competition, the price of a product by all competitors will be the same. In this case, if a firm decides to increase the price, he will loose his market share as no customer will buy the product at increased price. They will rather go with the other competitor who is offering a similar product at lower price.
On the other hand, if a competitor decides to lower his price in such case, he will experience loss. Therefore, the competitors do not have the option to change the price. Therefore, we can say the price elasticity of demand in this case is 0.
So, option D describes the horizontal demand curve correctly.
Answer:
Hexagonal prism
Step-by-step explanation:
Since the base is a hexagon (six sided shape) and there are two of them, it is considered a prism. This is an Hexagonal prism.
Do not confuse it with hexagonal pyramid because:
1) It does not look like a pyramid
2) It only has one base
Answer:
x= 12
Step-by-step explanation:
2(x-7) = 10
Distribute the 2. 2x-14 = 10
Add the 14 onto both sides to cancel it out on the original side and following the rules- the same must be done to the other side. 2x-14 (+14) = 10+14 -----> 2x = 24
Divide both sides by 2 to get the X alone. 2x/2 = 24/2 ---------> x= 12
The domain is easiest. You simply need to find the fractions, and exclude any X that makes the denominator zero. So in this case, your domain is everything except X=7.
For range, you are trying to find out what are the possible answers. Usually the best way to do this is to try x=infinity, and x=negative infinity, which here gives you answers of infinity and negative infinity. Since the function is almost continuous, I think your range is any real number.
Answer:
because it easily displays all of the info