I don’t know if this is a joke or not but the answer is 6
<u>Answer:</u>
one solution = 3
<u>Step-by-step explanation:</u>
Let's solve your equation step-by-step.
5x+17=4(3x−1)
Step 1: Simplify both sides of the equation.
5x+17=4(3x−1)
5x+17=(4)(3x)+(4)(−1)(Distribute)
5x+17=12x+−4
5x+17=12x−4
Step 2: Subtract 12x from both sides.
5x+17−12x=12x−4−12x
−7x+17=−4
Step 3: Subtract 17 from both sides.
−7x+17−17=−4−17
−7x=−21
Step 4: Divide both sides by -7
-7x/-7 = -21/-7 = 3
Answer:
b. a firm whose product has an elasticity of 0.31
Step-by-step explanation:
A type of product that has elasticity less than 1 is considered as 'inelsatic goods. Inelastic goods would not have a decrease in demand even if they are increasing the price of their product.
This means that when the producer of this product increase the price, their profit will either stay stagnant or increase.
In most cases, products that are very crucial to fulfill our basic needs or day to day activity have this type of elasticity.
Example : Water and Gasoline,
