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%
Statements 2, 3, and 5 are true based on the graph of this function.
Answer:
The answer is 915
Step-by-step explanation:
Because if you add 305 three times you get the correct answer
hope this helps
Answer:
so the right answer is of option D
Step-by-step explanation:
Have a great day and hope this helps!!!
Answer:
(x+6)(x−6)=0
x=-6 or x=6
Step-by-step explanation:
X^2 - 36 = 0
Solve by Square Root
add 36 both sides
x^2−36+36=0+36
x^2=36
square root
x=±√36
x=6 or x=−6
You can do that or for 2nd option
Solve by factoring
x^2-36=0
(x+6)(x−6)=0
Set factors equal to 0
x+6=0 or x−6=0
x=-6 or x=6
PLEASE NOTE: 36 is the square of 6
and
x2 is the square of x1
