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:
300
Step-by-step explanation:
because when multiply then divide all of them then find a percent 300 is your answer
Answer:
Whats the question? I can surely answer it.
Answer:
The scale reading that the chef need to see for this spice when preparing the specialty for 43 people is 0.86.
Step-by-step explanation:
In order to find the answer, you need to multiply the amount that the chef uses per serving for the number of servings. The statement indicates that the chef uses one- fiftieth of an ounce of a spice per serving and this is represented as 1/50 and you have to multiply this for 43 that is the number of people.
You can find 1/50 as a decimal dividing 1 by 50:
1/50=0.02
Now, you can multiply this value for 43:
0.02=43=0.86
According to this, the answer is that the scale reading that the chef need to see for this spice when preparing the specialty for 43 people is 0.86.
Answer:
2x - 10
Step-by-step explanation:
2(x - 5)
distribute
2*x - 2*5
2x - 2*5
2x - 10