Answer:
Into 1/3 pieces
Step-by-step explanation:
1/3 + 1/3 + 1/3 = 1 the whole pizza pie, yum
Answer:
0.636
Step-by-step explanation:
First off, we'll interpret the fraction bar to mean "divided by." This means that 7/11 is the same as 7 divided by 11.
Second, you have requested to see 2 decimal places in your answer, so we'll write the 7 as 7.00 instead (a 7 with 2 zeros after the decimal point).
Now, we'll just do what the fraction bar says: divide 7.00 by 11:
And that's about it! 7/11 written as a decimal to 3 decimal places is 0.636.
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.
When you move a number to the opposite side of the equation, in this occasion it will be 23- it changes to the opposite value. So us 23 is a positive value you can move it and change it to a negative. Or in other words suntract -23 from all sides of the equation, which will be equal to:
y = 59 - 23
Y = 36