Answer:
it is -7 because the 2 make it like that
Step-by-step explanation:
Answer:
about $2,557
Actual cost : $2556.97
Step-by-step explanation:
well since all of them are .99 if you round to the hundreths it make another dollar cause it will force the .9 to become 1.0
so it be 1450 for the refrigerator, 490 for the dishwasher, and 617 for the electric range.
add those numbers to get about $2,557
Answer:
Step-by-step explanation:
The standard equation of a straight line is of the form:
We have to convert the given equation into above form.
Simplifying the given equation:
.- This is in standard form
where 
Answer: (B) The price elasticity of demand for good Z = 0.86
Step-by-step explanation:
The formula for determining elasticity of demand by using the midpoint method is
(Q2 - Q1)/[(Q2 + Q1)/2] / (P2 - P1)/[(P2 + P1)/2]
Where
P1 is the initial price of the item.
P2 is the final price of the item.
Q1 is the initial quantity demanded for the item.
Q2 is the final quantity demanded for the item.
From the information given,
P1 = 10
P2 = 15
Q1 = 85
Q2 = 60
The price elasticity of demand for good Z = (60 - 85)/[(60 + 85)/2] / (15 - 10)/[(15 + 10)/2]
= (-25/72.5) / (5/12.5) = -25/72.5 × 12.5/5
= - 312.5/362.5 = - 0.86
