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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Answer:
4/6
Step-by-step explanation:
Answer:
3x+10
Step-by-step explanation:
x+x+x+5+5=3x+5+5=3x+10
Answer:
the last graph where the point is on the number 4 on the y intercept
Step-by-step explanation:
Hey there,
So. . I hope I'm understanding the question correctly. So . .There's 2 drivers in the car and they basically take turns driving. So when you do 70 by 15 hours, you get about 1,050 and yes, for sure you have past the limit of 600 miles a day. So, this means that they already passes what they had said in the beginning.
Hope this helps.
~Jurgen
