Answer:
Step-by-step explanation:
Given the supply of land is perfectly inelastic, the drop in prices must have resulted from decreased demand for land. The demand for land would fall if there were less of a return on the land (i.e., rent), so we can safely assume that land rent fell in Japan between 1990 and 2001. The shifts from D3 to D2 to D1 demonstrate graphically what happened in Japan.
Answer:
0/6, 1/3, 1/6, 5/6, 1/2, 2/3, 1/2, 1/3
Step-by-step explanation:
hope this helps
Answer:
Y = x + 3/1
Step-by-step explanation:
Answer:
Step-by-step explanation:
<u>Total amount to be paid is the sum of 4 bills:</u>
- 21.47 + 14.43 + 13.27 + 25.37 = $74.54
<u>Divide the total by the number of people:</u>
- 74.54/4 = 18.635 = $18.64 rounded to the nearest cent
If the total to be paid equally, then each person has to pay $18.64
