It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
Learn more about demand on:
brainly.com/question/1245771
#SPJ1
The answer is the second one
Answer: D. 7^11
Step-by-step explanation:
For exponents with the same base, we just add the exponents and keep the same base. 7 is the same base; therefore 5+6=11 which means the answer is 7^11
Just use quiz lit and it’ll give you all the answers you need for your answers. Ok. Ok. Keixhshshwiwie I rrjicicjrjwjwiwosodod.
Answer:
3
Step-by-step explanation:
The linear function
One of the points is (0,5), so
f(0) = 5
The y-intercept is at (0,5).
===============
The exponential function
The general formula for an exponential function is 
.
=====
Calculate the <em>value of b
</em>
y₃/y₂ = [a(b)³]/[a(b)²]
250/50 = b
b = 5
=====
Calculate the <em>value of a
</em>
250 = a(5)³
250 = a × 125
a = 2
=====
g(0) = 2(5)⁰
g(0) = 2 × 1
g(0) = 2
=====
|f(0) – g(0)| = |5 – 2|
|f(0) – g(0)| = 3
The positive difference in the y-intercepts of f(x) and g(x) is 3.
You can see the two y-intercepts on the graph below.
