Assume the normal quantity of cookies is x.
The demanded quantity by the stores now:
0.5x
The previous cost is: $4 * 0.5x = $2x
The cost of demanded quantity by the stores now: $5 * 0.5x = $2.5x
The price elasticity of demand: $2.5x - $2x = $0.5x
Hope that helps you
Scale factor(smaller length) is larger length over smaller length. Scale factor(larger length) is smaller length over larger length. Add your measurement and your done!
Answer:
37.5%
Step-by-step explanation:
Answer:
5.2
Step-by-step explanation:
I hope this works :)
This expression has four terms.
5, 9x, 7, and 2x
A term is a constant number, a variable, or a variable with a coefficient.