Answer:
Yes it is.
Step-by-step explanation:
Answer: Percentage change in quantity would decrease by 12.5%.
Step-by-step explanation:
Since we have given that
Price elasticity of demand = -0.8
Price of each unit = $100
After change, price of each unit becomes = $110
% change in quantity would be

As we know the relation between price, quantity and elasticity.

Hence, Percentage change in quantity would decrease by 12.5%.
Step-by-step explanation:
Nicole starts with the budget:
$395
Now, she only expects to pay half the deposit;
$72 ÷ 2 = $36
Subtract this from the budget:
$395 - $36 = $359
Divide by cost per hour:
$359 ÷ $60 = 5.983333... (3 repeating)
This means, Nicole can rent a <em>maximum</em><em> </em>of 5 hours with her budget. The inequality would be

11x-2
You combine same so
4x-1x =3x
3x +8x= 11x
11x-2