8.8 *10^3 (2 sig fig)
2.9 *10^3 (2 sig fig)
Answer:
it would decrease by 10%
Step-by-step explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
percentage change in price = ($10 - $8) / $8 = 0.25 x 100 = 25%
0.4 = percentage change in quantity demanded / 25%
percentage change in quantity demanded = 25% x 0.4 = 10%
Tax rate is 2+3/4=2.75%
Income taxable
37,500−3,300=34,200
Tax accrued
34,200×0.0275=940.5
Answer:
Step-by-step explanation:
Summation means that you are adding together all the numbers that result from putting in the numbers 5-11 for i:
(-7 - 6(5)) + (-7 - 6(6)) + (-7 - 6(7)) + ( -7 - 6(8)) + ( -7 - 6(9)) + ( -7 - 6(10)) + ( -7 - 6(11)) which gives you the numbers:
-37 + -43 + -49 + -55 + -61 + -67 + -73 = -385
