7840-group all the same denominations together like this: 6 thousand + 1 thousand is 7 thousand, 5 hundred +3 hundred is 8 hundred and 4 tens 4 times 10, means count by tens.
9514 1404 393
Answer:
B'(7/16, -3/16)
Step-by-step explanation:
The scale factor multiplies each coordinate.
B' = 1/4B = 1/4(7/4, -3/4)
B' = (7/16, -3/16)
The good has an income elasticity of demand of -2. 0. This means that the good is <u>inferior goods.</u>
<h3>What are the characteristics of inferior goods?</h3>
An inferior good occurs when an increase in income causes a fall in demand.
An inferior good has a negative income elasticity of demand. (YED) Inferior goods are characterized by low quality – and are goods with better alternatives.
Suppose that good has an income elasticity of demand of -2. 0. This means that the good is <u>inferior goods.</u>
An inferior good is one whose demand drops when people's incomes rise. When incomes are low or the economy contracts, inferior goods become a more affordable substitute for more expensive goods.
Inferior goods are the opposite of normal goods, whose demand increases even when incomes increase.
Hence, the good has an income elasticity of demand of -2. 0. This means that the good is <u>inferior goods.</u>
Learn more about inferior goods here;
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Answer:
y=4x+7
Step-by-step explanation:
4x+y=7
Isolate one of the variables
4x-4x+y=7+4x
y=7+4x
slope is 4 (Up 4, Right 1)
y-intercept is (0,7)
The r variable outside the parentheses can multiply both the numbers in the parentheses.
This called distributing the r. We are using the distributive property.
The distributive property states that a(b + c) = ab + ac.
r(18 - 3) = 18r - 3r
So, (r * 18) - (r * 3) is the answer.
