1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kondaur [170]
3 years ago
5

Suppose that legalizing the use of marijuana would decrease its price by 81 percent. If the price elasticity of demand for marij

uana is ​-2.75​, what would be the percentage increase in the quantity of marijuana demanded from legalizing marijuana​? nothing percent. ​(Enter a numeric response using a real number rounded to two decimal​ places.)
Mathematics
1 answer:
Vinvika [58]3 years ago
3 0

Answer:

222.75%

Step-by-step explanation:

Elasticity of demand for marijuana

(dQ/Q)/(dP/P) = -2.75

If the price drops 81%, that is dP/P=-0.81

If we re-arrange the equation

dQ/Q= -2.75 * dP/P = -2.75*(-0.81) = 2.2275

The demand will be 222.75% higher if the prices drop by 81%

You might be interested in
6x+175=3x+127 what does x=​
Arlecino [84]

Answer:

x=x

Step-by-step explanation:

no u

nou

nuo

uno

yes

no

6 0
3 years ago
Read 2 more answers
I need help with 9,10,&11
zhannawk [14.2K]
Kind of difficult to see that 
6 0
3 years ago
Find the slope of the line joining the points A (–3, 2) and B (0, 4)
slega [8]

Answer:

2/3

Step-by-step explanation:

The slope of a line given two points is

m = (y2-y1)/(x2-x1)

   = (4-2)/(0 - -3)

   = (4-2)/(0+3)

    = 2/3

3 0
3 years ago
Read 2 more answers
Numbers such as 1,2,3,... are also called the ?<br> numbers.
Leviafan [203]

Answer:

Whole

Step-by-step explanation:

1,2,3 are all whole numbers

3 0
3 years ago
An 8-oz bottle of ketchup costs $1.39.
inna [77]
First, you need to find how much an ounce costs. To do that, you have to divide 1.39 by 8. Then you get about 0.17. Now, you multiply 0.17 by 14, and get the answer of 2.38. Therefore, a 14-oz bottle of ketchup costs $2.38.
6 0
4 years ago
Read 2 more answers
Other questions:
  • How to solve graping<br> 3x-4y=12<br> 2x+4Y=-12
    5·1 answer
  • Write each percent as a decimal 89% 100% 0.01%
    6·1 answer
  • Simply 15 to the 18 power divide by 15 to the 3 power
    12·1 answer
  • Can someone help me out
    11·1 answer
  • How do you know when the solution to a system of equation is a precise answer and when it is an approximate answer?
    12·1 answer
  • Adding Monomials and Binomials
    9·1 answer
  • Please help me find what ? Is
    13·1 answer
  • - 7th Grade Work -<br><br> Please write an equation.
    14·1 answer
  • Para hacer 600 m de una obra, 30 obreros han trabajado 12 dias a razon de 10 horas diarias. ¿Cuantos dias necesitaran 36 obreros
    6·1 answer
  • REALLY NEED HELP WITH THIS!!!​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!