Answer:
x is 3.4 i think
Step-by-step explanation:
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%
The answer is 9
sqrt(49) = 7
4^2 = 16
16-7 = 9
Answer: A. -5/4
Step-by-step explanation:
Answer:
-2
Step-by-step explanation:
intercept at (0, -2)
