The correct answer should be A because you have to have a common denominator in order to solve so you take 5/6x and 4/6x and solve.
B is the answer to your question!
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Answer:
20%
10%
0.5
5%
Step-by-step explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Percentage change in price = (1.2/1) - 1 = 20%
Percentage change in quantity demanded = 450/500 - 1 = 10%
Answer:
Step-by-step explanation:
MR=2x-1. First equation
RP=9x+3 second equation
MP=MR+RP third equation
MP= 2x-1+9x+3 first equation plus second equation
MP=11x+2
MP=57
57=11x+2 replaced MP value
57-2=11x
55=11x
55/11=x
X=5
Answer:
18+18=38, since they did the same number that's the least it could be