Answer:
it would decrease by 10%
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 = ($10 - $8) / $8 = 0.25 x 100 = 25%
0.4 = percentage change in quantity demanded / 25%
percentage change in quantity demanded = 25% x 0.4 = 10%
Answer:
50% value change.
Step-by-step explanation:
A 100% increase from 10 would be 20. It's the equivalent of doing 10 times 2. We need 15 though which is half the distance in value to 10 than 20 is. Half of 100% is 50%.
Therefore, $15 is a 50% percent change from $10.
Answer:
x = 18/5
Step-by-step explanation:
-5/6 x=-3
Multiply each side by -6/5
-6/5 *-5/6 x=-3*-6/5
x = 18/5
Answer:
The input is the letter in the parentheses.
Step-by-step explanation:
f(h) is h
g(f) is f
h(g) is g
