The income elasticity for the household is -1.05.
<h3>What is the income elasticity?</h3>
Income elasticity measures how quantity demanded changes when there is a change in the income of a person / household
Income elasticity = percentage change in quantity demanded / percentage change in income
- percentage change in income = (3000 / 2500) - 1 = 0.2 = 20%
- percentage change in quantity demanded =( 150 /190) - 1 = -0.21 = -21%
Income elasticity = -21% / 20 = -1.05
To learn more about income elasticity, please check: brainly.com/question/15313354
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Answer:
Reflexive property of equality. This property states that a=a
This question is stating that the m<1 = m<1
Therefore this is the reflexive property of equality
Step-by-step explanation:
Answer:
The two triangles are related by congruent angles/similarity, so the triangles are similar.
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Find the difference per row:
10 seats in the first row
30 seats in the sixth row:
30 -10 = 20 seats difference.
6-1 = 5 rows difference.
20 seats / 5 rows = 4 seats per row.
This means for every additional row, there are 4 more seats per row.
The equation would be:
Sn = S +(n-1)*d
Where d is the difference = 4
S = number of seats from starting row = 10
n = the number of rows wanted
S(11) = 10 + (11-1)*4
S(11) = 10 + 10*4
S(11) = 10 + 40
S(11) = 50
Check:
Row 6 = 30 seats
Row 7 = 30 + 4 = 34 seats
Row 8 = 34 + 4 = 38 seats
Row 9 = 38 + 4 = 42 seats
Row 10 = 42 + 4 = 46 seats
Row 11 = 46 + 4 = 50 seats.
