Answer:
eY is positive +0.1 therefore bagels are a normal good.
Step-by-step explanation:
Given data:
when, 10% rise in cheese price, 3% fall in bagels quantity observed
when, 10% rise in income, 1% fall in bagels quantity observed
from formula for cross price elasticity of demand, determine 
As, eAB is negative, bagels $ cream cheese are complements.
By formula for income elasticity of demand,
we find that
Since eYis positive, bagels are a normal good.
X/2=8/9 | *2
x=16/9≈ 1,78
2. 1 $.........1,09 Euro
x$...........157 Euro
x=157*1/1,09≈144,04 $
-2x-y=3 ...(1)
x+2y=4 ...(2)
multiply (2) by 2 and add to (1)
-2x-y+2x+4y=3+8
3y=11
y=11/3
from (2)
x=4-2y=4-2(11/3)
or x=4-(22/3)
=(12-22)/3=-10/3
Answer:
107 TEAMS
Step-by-step explanation:
1716/16=107
Answer:
A = B + 15
Step-by-step explanation:
Let Diane sold B books in one hour,
Additional earning by selling 1 book = 1$
Additional earning by selling B books = Number of books sold × Additional earning by selling one book
= B × ($1.00)
= $B
Fixed earning of Diane in one hour of part time = $15
Total earnings = B + 15
A = B + 15
Table to find the input-output values for the graph,
A 15 16 17 18
B 0 1 2 3
Now we can plot the points on the graph.
