Check the picture below.
make sure your calculator is in Degree mode.
It should be noted that a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
<h3>How to explain the demand?</h3>
It should be noted that an elastic demand is one werr the change in quantity demanded due to a change in price is large.
Also, an inelastic demand is one in which the change in quantity demanded due to a change in price is small. When the formula creates an absolute value greater than 1, the demand is elastic.
Here, a good that has a high demand elasticity for an economic variable implies that consumer demand for that good is more responsive to changes in the variable.
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The ratio of 2:9 has to be 2:9 do to the fact you can't simplify the fraction 2/9.
Hoped I helped.
Answer:
-0.004 repeating
Step-by-step explanation:
5 times negative three is -15 and that to the negative second power is -0.004 with the 4 repeating.
