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%
Answer:
Line BD can't be represent by the image.
Explanation:
Point: Point is a dot or vertex of any figure or diagram. It represent by capital alphabet. So, B would be a point.
Line: A line is a straight path with both endless. It means we can extends line from both end. But in case of BD we can't extend from point B. So, it won't be line.
Ray: A ray is straight path with one endless. It means we can't extend line from one end and extend from another end. But we can extend AC from both end. It won't be a ray.
Line Segment: A line segement is straight path with end from both end. We can't extend from either end of the line. We can say CD would be line segment.
Option 2 is correct.
Answer:
$260
Step-by-step explanation:
you multiply $65 by 4 for the set of four and the product is $260.
Answer:
Where can I find specific information on Florida driving laws? Visit the official Florida driver's handbook page to find all of the driving laws and information you need to know for the Class E knowledge exam.
Step-by-step explanation:
Answer:
54
Step-by-step explanation:
8(11 - 3) - 2(4 + 1)
11 - 3 = 8
4 + 1 = 5
8(5) - 2(5)
8 * 5 = 64
2 * 5 = 10
64 - 10 = 54