Answer:
15) f = 18
3f = 54
6f = 108
16) k = 69
Step-by-step explanation:
15)
3f + 6f + f = 180
10f= 180
f = 18
16)
42 + k + k = 180
42 + 2k = 180
2k = 138
k = 69
Answer:<u> -0.9 ; inelastic</u>
Explanation:
Given:
The average price of wheat per metric ton in 2012 = $305.75
Demand (in millions of metric tons) in 2012 = 672
The average price of wheat per metric ton in 2013 = $291.56
Demand (in millions of metric tons) in 2013 = 700
We will compute the elasticity using the following formula:
ε = 
ε = 
Now , we'll first compute 
i.e.
= 
= 0.04081
Similarly for 
i.e.
= 
= -0.0475
ε = 
ε = -0.859
-0.9
we know that ;
If, ε > 1 ⇒ Elastic
ε < 1 ⇒ Inelastic
ε = 1 ⇒ unit elastic
<u><em>
Here , ε = -0.859
-0.9 </em></u>
<u><em>Therefore ε is inelastic.</em></u>
Answer:
912.
Step-by-step explanation:
Answer:
False ,false,true, true and true
Step-by-step explanation:
Answer:
a=-0.01
Step-by-step explanation:
Divide by -20 on both sides:
0.2/-20=-20a/-20
which will be:
-0.01=a