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Answer:
w = 15
Step-by-step explanation:
-9(w + 585) = -360w
-9w -5265 = -360w
351w = 5265
w=15
Answer:
6.4%
Step-by-step explanation:
percentage decrease= decrease/actually amount×100
2.35-2.20/2.35×100
0.15/2.35×100
0.06383×100=6.4%
Percentage decrease=6.4%
Answer:
-10%
Step-by-step explanation:
price elasticity of demand = % change in demand / % change in price
Here, the "price" changes from 15 to 45, so its percent change is ...
((new value)/(old value) -1) × 100%
= (45/15 -1) × 100%
= 200%
The % change in demand is given as -20%, so the price elasticity is ...
price elasticity of demand = (-20%)/(200%) = -0.10 = -10%
