Answer:
d. both the slope and price elasticity of demand are equal to 0.
Step-by-step explanation:
In order to graph the demand curve, the quantity demanded is plotted along x-axis and the price is plotted along y-axis. An image attached below shows the horizontal demand curve.
Horizontal demand curve, as its name indicates, is a horizontal line which is parallel to x-axis. Since, the slope of any line parallel to x-axis is 0, we can conclude that the slope of Horizontal demand curve is 0.
A horizontal demand curve can be observed for a perfectly competitive market. Since, its a perfect competition, the price of a product by all competitors will be the same. In this case, if a firm decides to increase the price, he will loose his market share as no customer will buy the product at increased price. They will rather go with the other competitor who is offering a similar product at lower price.
On the other hand, if a competitor decides to lower his price in such case, he will experience loss. Therefore, the competitors do not have the option to change the price. Therefore, we can say the price elasticity of demand in this case is 0.
So, option D describes the horizontal demand curve correctly.
Answer:
21.186%
Step-by-step explanation:
z = (x-μ)/σ,
where
x is the raw score = 2400mg
μ is the population mean = 2000mg
σ is the population standard deviation = 500mg
z = 2400 - 2000/500
z = 0.8
Probability value from Z-Table:
P(x<2400) = 0.78814
P(x>2400) = 1 - P(x<2400) = 0.21186
Converting to percentage:
0.21186 × 100
= 21.186%
Therefore, the percent of the meals
ordered that exceeded the recommended daily allowance of 2400 mg of sodium is 21.186%
Answer:
Given:
length of the wire = 0.20 meters
magnetic field strength = 0.45 newtons/amperes meter
speed = 10.0 meters per second
emf = B * l * v
B = flux density ; l = length of the wire ; v = velocity of the conductor
emf = 0.45 newtons / ampere meter * 0.20 meters * 10.0 meters/seconds
emf = 0.90 volts
The emf produced is 0.90 volts.
Step-by-step explanation:
I think A=12bh I hope it’s right
Answer:
$144.50/8.50 = n
Explanation:
The word each indicates this equation will use division. We know the total is 144.50, so that will be the number being divided. 8.50 is the number 144.50 is divided by. The quotient will be represented by the variable, n.