115 = (4k+5) + (6k+10) when solving that, combine like terms. then use inverse operations.
Answer:
eY is positive +0.1 therefore bagels are a normal good.
Step-by-step explanation:
Given data:
when, 10% rise in cheese price, 3% fall in bagels quantity observed
when, 10% rise in income, 1% fall in bagels quantity observed
from formula for cross price elasticity of demand, determine ![e_{AB}](https://tex.z-dn.net/?f=e_%7BAB%7D)
![e_{AB} = \frac{(−3\%}{(10\%)} = −0.3.](https://tex.z-dn.net/?f=e_%7BAB%7D%20%3D%20%5Cfrac%7B%28%E2%88%923%5C%25%7D%7B%2810%5C%25%29%7D%20%3D%20%E2%88%920.3.%20)
As, eAB is negative, bagels $ cream cheese are complements.
By formula for income elasticity of demand,
we find that![eY= \frac{(+1\%)}{(10\%)} = +0.1.](https://tex.z-dn.net/?f=eY%3D%20%5Cfrac%7B%28%2B1%5C%25%29%7D%7B%2810%5C%25%29%7D%20%3D%20%2B0.1.)
Since eYis positive, bagels are a normal good.
Answer:
800
Step-by-step explanation:
if a lap is to the end and back and the pool is 25 meters long then multiply 25 by 2 which equals 50 then times 50 by 16.
Answer: $20.30
Step-by-step explanation:
First we must find Mary's total.
3kg × $9.90/kg = $29.70
She gave the cashier $50. So we subtract the total from that to determine the amount of cash or change she should get back.
$50 - $29.70 = $20.30
7. 22 / 3 = 7.3333 . basically just rounded it