Answer:
The answer here is going to be 2x
Answer:
20%
10%
0.5
5%
Step-by-step explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Percentage change in price = (1.2/1) - 1 = 20%
Percentage change in quantity demanded = 450/500 - 1 = 10%
Answer: 29/28
Step-by-step explanation:
-2/7 x (-3 5/8)
= -2/7 x -29/8
= 2/7 x 29/8 = 1/7 x 29/4
= 29/28
Answer:
all work is pictured and shown
