Answer:
B. the more inelastic is the demand for the final product.
Explanation:
Inelastic demand occurs when demand rises by a lower percentage as compared to the percentage of the price drop.
Take for instance, if price drops by 10% and then demand only rises by 4%.
Now, the derived demand curve for a product component will be more inelastic when there's more rises by lower percentages of the final product than price drop. The more inelastic the demand for a product is, the more inelastic the demand derive curve will be.
Answer:
solution set is (x,y) = (7,6)
Step-by-step explanation:
solving by substitution method
2x +y=20--------------1
6x-5y=12---------------2
from equation 1, solve for y
2x+y=20
y= 20-2x------equation 3
adding value of y in equation 2
6x-5y=12
6x-5(20-2x)=12
6x-100+10x=12
16x= 12+100
16x= 112
x= 112/16
x=7
adding value of x in equation 3
y= 20-2x
y= 20- 2(7)
y=20-14
y=6
so solution set (x,y) = (7,6)
Answer:
c.5
Step-by-step explanation:
5(3 + 2 + 8)
The number outside of the parenthesis is distributed to the numbers inside of the parenthesis
Answer:
12 = 3 + p
Step-by-step explanation:
She has a total of 12 pencils
3 of them are red
The rest are "p"
p + 3 must equal 12 because she has a total of 12 pencils consisting of 3 red and "p" as the rest
