If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%
Any point in that shaded area is a solution
(0,0) is a solution
(-1,-1) is a solution
(-3,3) is a solution
etc
Answer:
135%
Step-by-step explanation:
To represent a decimal to percentage, multiply by 100
1.35 x 100 = 135
If my answer is incorrect, pls correct me!
If you like my answer and explanation, mark me as brainliest!
-Chetan K
Answer:
Hello please your question is in-complete attached is the complete question
degree of freedom = -62.90 ( e )
Step-by-step explanation:
The formula for calculating the F-statistic/test statistic is
test - statistic = Coef ( LBW) / SE Coef ( LBW )
= -0.72399 / 0.01151
= - 62.90
the degree of freedom the F-statistic has = -62.90
F-statistic test is any statistical test in which the test statistic has an F-distribution under the null hypothesis. the value of the test can be gotten from running an ANOVA test or regression analysis on the statistical models
A(B + C) = A(B) + A(C) is a distributive property.
So:
24(70 + 5) = 24(70) + 24(5) is also a distributive property.
Option C.
