If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%
Answer:
4
Step-by-step explanation:
So, 6 feet is equal to 72 inches. You need 18 inches for one bracelet, so by dividing 72/18, you get 4. So, he can make 4 bracelets.
Answer:
the answer is option A
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Step-by-step explanation:
Answer:
12/45
Step-by-step explanation:
The unit rate is 12/45, because 4 times 3 is 12, and 9 times 5 is 45.
Slope does not exist. A zero in the numerator means you have a horizontal line.