It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
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It’s called the associative law you can add numbers in any order you want
Answer:
1. The amount of time you keep your porch light on.
2. The temperature you keep your air conditioner at.
Step-by-step explanation:
<u>Porch Light Time Example: </u>
The light does not turn on or off based on the bill, thus its independent, but the bill is effected by the amount of time the light is on thus dependent.
You keep your porch light on for 24 hours a day for 1 month, that month your electricity bill is $50.
Next month you keep your porch light on for 12 hours a day and your electricity bill is $40.
<u>Air Conditioner Temp Example: </u>
The thermostat temperature is not effected by the bill, thus its independent, but the bill is effected by the thermostat, thus dependent.
You set your thermostat to 70 degrees for 1 month, that month your electricity bill is $50.
Next month you set your thermostat to 75 degrees for 1 month, that month your electricity bill is $40.
Answer:
79.4° to the nearest tenth of a degree
Step-by-step explanation:
You are trying to find the angle opposite the side of length 27.
Let the length of that side be c and a and b be the lengths of the other two sides and let C be the measure of the angle you are looking for
Using the law of cosines
729 = 361 + 529 - 874cosC
729 = 890 - 874cosC
-161 = -874cosC
-161/-874 = cosC
.1842105.... = cosC
C = arccos .1842105.... = 79.4° to the nearest tenth of a degree
39,000 40,000 39,000 40,000 hope this helped!
