Answer:
The correct answer to the following question will be "3".
Explanation:
The given values are:
Percentage demand,
= 6% i.e., .06
Percentage change in the price,
= 2% i.e., .02
Now,
Own-price elasticity of demand will be:
= ![\frac{Percentage \ demand}{Percentage \ change \ in \ price}](https://tex.z-dn.net/?f=%5Cfrac%7BPercentage%20%5C%20demand%7D%7BPercentage%20%5C%20change%20%5C%20in%20%5C%20price%7D)
On substituting the estimated values, we get
= ![\frac{.06}{.02}](https://tex.z-dn.net/?f=%5Cfrac%7B.06%7D%7B.02%7D)
= ![3](https://tex.z-dn.net/?f=3)
The coach is fat and halt but also very stubbornness for the acrobat
G(-30)=2(-30)/3+3
g(-30)=(-60/3)+3
g(-30)=-20+3
g(-30)=-17