For 11a its 2:10 because how you would come up with it is by placing pablos free minutes first and then putting pablos paid minutes and 11b is8:25 because once again you would place sams free minutes first and then his paid minutes
The y intercept is -4 and the 2/3x is the slope
Slope-intercept form formula: y=mx+b
our slope is undefined.
Answer:
222.75%
Step-by-step explanation:
Elasticity of demand for marijuana
(dQ/Q)/(dP/P) = -2.75
If the price drops 81%, that is dP/P=-0.81
If we re-arrange the equation
dQ/Q= -2.75 * dP/P = -2.75*(-0.81) = 2.2275
The demand will be 222.75% higher if the prices drop by 81%
