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%
Answer:
65% !
Step-by-step explanation:
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Answer:
Hey there!
There aren't any options, but the correct answer would be 2 6/8, which simplifies to 2 3/4.
Let me know if this helps :)
Answer:
183.92 inch²
Step-by-step explanation:
To find the total amount of wrapping paper needed, you must find the Surface Area of the box.
Surface area of a rectangular prism is: A = 2(<em>wl</em> + <em>hl</em> + <em>hw</em>)
w = width = 3.8
h = height = 9.5
l = length = 4.2
Plug in the corresponding numbers to the corresponding variables.
A = 2(<em>wl</em> + <em>hl </em>+ <em>hw</em>)
A = 2((3.8 * 4.2) + (9.5 * 4.2) + (9.5 * 3.8))
Simplify.
A = 2((15.96) + (39.9) + (36.1))
A = 2(15.96 + 39.9 + 36.1)
A = 2(91.96)
Multiply.
A = 183.92
183.92 inch² is your answer.
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Answer:
1,722 R=3 hope this helps