Answer:
Step-by-step explanation:
income elasticity of demand for the good X = % change in quantity demanded / % change in income of consumer = - 15 / 2 = - 7.50 negative since it is a decrease in demand.
and the good X is an inferior good since increase income brings about a decrease in quantity demanded of the goods compared to normal good where a decrease in income brings about decrease in quantity demanded and an increase in income brings about increase in quantity demanded.
Answer: I believe the answer is C
Step-by-step explanation:
Answer:
The y-intercept is (0,-6), but the way they want it written the answer is y intercept= -6
Step-by-step explanation:
Answer:
x = 12.52°
Step-by-step explanation:
The illustration forms a right angle triangle . The right angle triangle formed has a height of 200 ft and a base of 900 ft.
The opposite side of the triangle is 200 ft while the adjacent side of the triangle is 900 ft.
Using tangential ratio we can find the angle of depression. Therefore,
Let
x = angle of depression
tan x = opposite/adjacent
opposite = 200 ft
adjacent = 900 ft
tan x = 200/900
tan x = 2/9
x = tan⁻¹ 2/9
x = tan⁻¹ 0.222
x = 12.5166739144
x = 12.52°