3 years ago

Tobias has 12 coins in his pocket. Of these coins, 8 were made in the year 2000,and

Mathematics

1 answer:

Free_Kalibri [48]3 years ago

7 0

Answer on attached file.
Bye.

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Answer: The value of cross price elasticity is 1.6.

Step-by-step explanation:

Since we have given that

Percent change in price = 10%

Percent change in quantity = 16%

So, we need to find the cross price elasticity between the two movie club memberships.

As we know the formula for cross price elasticity :

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OlgaM077 [116]

Answer:

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Step-by-step explanation:

Given :

Slope, m = 1/2

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y - 8 = 1/2x - 3

y - 8 + 8 = 1/2x - 3 + 8

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Stamdard form of equation :

y = mx + c

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