Answer:
Step-by-step explanation:
- The concept of demand is applied, demand may be elastic, inelastic and unitary as the detailed steps and calculations is as shown in the attached file.
- For elastic demand, P > 1
- For inelastic demand, P < 1
- For unitary, P = 1
Answer:
1.716*10^-3
Step-by-step explanation:
(4.4*10^-6)*(3.9*10^2)=0.001716
To convert 0.001716, we need to move the decimal places three places to the right to make sure the number is between 1 and 10. Moving three places to the right makes the exponent negative.
It should be a line crossing the y axis at (0,3) and the x axis at (0,2)
No solution because both sixes cancel each other out leaving 12b=12b
