Answer:
A - elastic since many other fast food items could be considered close substitutes.
Explanation:
The price elasticity of demand is how much the demand of the Big Macs will change due to a 1% change in price. Should the elasticity be greater than 1, the Big Macs will be elastic. Should it be less than 1, the Big Macs are inelastic.
Demand elasticity is calculated as the percentage change in quantity demanded divided by a percentage change in price.
Since Big Macs are (i) a luxury good, and (ii) have close substitutes (other burgers available at McDonalds and other fast food stores), we will say their elasticity is greater than 1.
This means that the demand of Big Macs will change due to a 1% increase in price due to the presence of close substitutes.
Answer:
B, A, A, B
Explanation:
Just trust me on this one.
Answer:
Explanation:
Givens
Vi = 10 m/s
Vf = 40 m/s
a = 3 m/s^2
Formula
a = (vf - vi) /t Substitute the givens into this formuls
Solution
3 = (40 - 10) / t Multiply both sides by t
3*t = t(40 - 10)/t Combine. Cancel t's on the right
3*t = 30 Divide by 3
3t/3 = 30 / 3
Answer: t = 10 seconds.
Answer:
The three main rock types are igneous, metamorphic and sedimentary.
The three processes that change one rock to another are crystallization, metamorphism, and erosion and sedimentation.
Any rock can transform into any other rock by passing through one or more of these processes. This creates the rock cycle.
Its axis is tilted on the side.
