Answer:
the answer is the first one, Cara multiplied only 4 and 7 together and did not multiply 4 and 13
Step-by-step explanation:
if you look through the question you can see that Cara evaluated the (-4)^2 correctly because a negative multiplied by a negative gives you a positive thus (-4)*(-4)= 16, then next you can see that Cara subtracted 2 from 6 correctly because (6-2)= (4), and last but not least Cara did multiply 2 by 4 correctly because 2*4 or 2(4) =8 so as you can see the answer is the first one
Answer:
6 inches by 2 inches
convert to inches--6 inches
convert to inches--2 inches
1/3−1/2=− -1/6
Multiply both the numerator and denominator of each fraction by the number that makes its denominator equal the LCD. This is basically multiplying each fraction by 1....Complete the multiplication and the equation becomes ....The two fractions now have like denominators so you can subtract the numerators. This fraction cannot be reduced.....and that's how i got the answer
Answer:
When the demand for a good is highly elastic, the producer can increase revenue by reducing the price slightly.
Explanation:
Prices can either be Elastic, Inelastic, or Unitary.
The assumption is that the scenario in the question is in a perfect market. A perfect market is one where there are numerous buyers and sellers and there is little or no gap in information about market conditions such as cost of input, prices of the competition, etc.
When the demand for a product is elastic, it means that it is sensitive to changes in price. Price Elasticity is in degrees. When the demand for a product is highly elastic, it means that small changes in price lead to even greater changes in demand.
So for the producer to increase revenue in the short run (all things being equal) all they need to do is reduce the price slightly. This will increase revenue because it most likely will translate to a more than proportionate increase in quantity demanded.
Recall that markets are dynamic and the most predictable reaction of the other producers to this move will be an equal or even greater reduction in price in order to win back lost customers. Hence to sustainably maintain this position The producer will have to ensure that their product is sufficiently differentiated with unique value additions that are impossible or difficult to replicate.
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