All categories

3 years ago

Certain kinds of goods tend to have inelastic demand; a good usually has inelastic demand if what?

1 answer:

3 0

Usually if it's an basic good, or very important one.

because the price fluctuations do not affect the quantity sold.

a good example of that would be milk, if the milk gallon is say $8, and a family needs 1 gallon daily, they buy it for $8.

if the price drops to $7, they might buy 2, but they only need 1 everyday, just in case they may get another.

if the price drops to $4 or even $3, they're not going to get 10 gallons, there's no need for it on an everyday basis, besides is a perishable.

now if the price goes up to $12, they still need it, and will buy it for $12.

You might be interested in

if a car drives 80 miles in 1 hours how many miles will the car travel in 30 minutes at this rate? how many miles will it travel

eimsori [14]

40 miles in 30 minutes, 60 miles in 45 minutes

divide 80 by 60 (mins in a hour) then multiply that’s by the number of minutes (30,45)

4 0

3 years ago

Solve the inequality <br> Need help quick

Alecsey [184]

Answer:

x>1

Step-by-step explanation:

move the constant to the right side and change its sign 7x>10-3

Then subtract the numbers 7x>7

Then divide the inequality by 7 from for both sides.

x>1

4 0

3 years ago

Why is (x-3) NOT a factor of x3+2x2-5x-6

ivolga24 [154]

As the expression is not equal to zero on x=3, x-3 is not a factor of given expression

Step-by-step explanation:

Given expression is:

$x^3+2x^2-5x-6$

We have to check if x-3 is a factor of given expression

In order for x-3 to be a factor of expression, we have to put x-3 = 0 => x=3 in expression.

If the expression is zero at x=3 then x-3 is a factor of expression otherwise not.

So putting x=333 in expression

$=(3)^3+2(3)^2-5(3)-6\\= 27+2(9) - 15-6\\= 27+18-15-6\\= 45-21\\=24 \neq 0$

As the expression is not equal to zero on x=3, x-3 is not a factor of given expression

Keywords: Polynomials, expressions

Learn more about polynomials at:

#LearnwithBrainly

8 0

3 years ago

Help huryyyyyyyyyyyyy

zhuklara [117]

Answer: 4

Step-by-step explanation:

Because %s can be expressed as fractions over 100, because 90 is 70% of x, 70% is 70% of 100. Thus, 90/x = 70/100.

<em>Hope it helps <3</em>

8 0

3 years ago

Read 2 more answers

According to the empirical rule, if the data form a "bell-shaped curve" (normal distribution), approximately what percent of the

Ann [662]

Answer: B. 95.0

Step-by-step explanation:

In statistics , the famous empirical rule says that " if the data is normally distributed then 68% of the observations will be contained within $\pm1$ standard deviations from the arithmetic mean, 95% of the observations will be contained within $\pm2$ standard deviations from the arithmetic mean and 99.7% of the observations will be contained within $\pm3$ standard deviations from the arithmetic mean".

Hence, B is the correct answer.

3 0

3 years ago