Answer:
Correct option: (A) 43.48% fall in the price of a ticket.
Step-by-step explanation:
The price elasticity of demand is defined as the percent change in quantity demanded to the percent change in the price.
Given:
Price elasticity of demand = 0.23
% change in quantity demanded = 10
Compute the % change in price as follows:
Thus, a 10 percent increase in attendance can be explained by a 43.48% fall in the price of a ticket.
Answer:
C
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (- 1, 0) and (x₂, y₂ ) = (0, - 3)
m = = - 3
note the line crosses the y- axis at (0, - 3) ⇒ c = - 3
y = - 3x - 3 ← in slope- intercept form
Add 3x to both sides
3x + y = - 3 ← in standard form → C
Answer:
She applied the exponent -2 to 4(-2) instead of applying the exponent to just -2
Step-by-step explanation:
we have the expression
Simplify
Substitute the values of m and n in the expression
For
She applied the exponent -2 to 4(-2) instead of applying the exponent to just -2