(5/6) / (1/4)
5/6 * 4/1
20/6
3 1/3 <=== there is 3 1/3 one-forth lb servings
If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%
Answer:
C
Step-by-step explanation:
I am guessing that's it.
Answer:
45
Step-by-step explanation:
You just do 370-325
Answer:
90
Step-by-step explanation:
216/36= 6
6 times 15=90
Hope this helped
:)
