If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%
<h2><u>
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Answer:
Just answered this!
Step-by-step explanation:
Go to this link to see my answer:
brainly.com/question/14483331
I hope this helps!
- sincerelynini
Answer:
1.
Volume= 729cm^3
Height= 9cm^2
Area of Base= 81cm^2
2.
Volume=450m^3
Height= 3m^2
Area of Base=150m^2
3.
Volume= 480 cm^2
Area of base=75cm^2
Height= 8cm^2
4.
Volume =120in^3
Area of Base=20in^2
Height= 6in^2
Step-by-step explanation:
Volume = (length) Times (Width) Times (Height)
Area os base = (Length) Times (width)
Answer:
-9≤y≤0
Step-by-step explanation:
-4≤x≤4 DOMAIN
-9≤y≤0 RANGE
I'm pretty sure this is correct but I haven't done it in a while
