Answer:
i think the answers 36 i hope this helped <3
Step-by-step explanation:
Answer:
E = 1.09
Step-by-step explanation:
Elasticity measures the sensitivity of demand with changes in income.
Elasticity of Income has the formula:
[Change in Demand/Demand]/[Change in Income/Income]
So, now, we have:
D_0 = 2
D_1 = 1
I_0 = 8
I_1 = 15
Now, Elasticity (E) is:
E = [(1-2)/(1+2)]/[(15-8)/(15+8)]
E = [1/3]/[7/23]
E = 1.09
The equation is:
2/3n + 4 = 7
Answer:
What does it mean? Also I think the picture didn't go through
Step-by-step explanation:
But I found its L or Point Q -0.5
Sorry if this doesn't help ;-;
Have a nice day
