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AnnZ [28]
3 years ago
11

What is theory of demand?​

Mathematics
2 answers:
Yuri [45]3 years ago
4 0

Answer:

Demand theory is an economic principle relating to the relationship between consumer demand for goods and services and their prices in the market. ... As more of a good or service is available, demand drops and so does the equilibrium price.

Anna [14]3 years ago
3 0
Demand theory describes the way that changes in the quantity of a good or service demanded by consumers affects its price in the market, The theory states that the higher the price of a product is, all else equal, the less of it will be demanded, inferring a downward sloping demand curve.
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A rectangular field measures 400m by 900m, what is the perimeter of the field:
Alina [70]

Answer:

a) 1790 b) 1.79

Step-by-step explanation:

a) you just add to get the perimiter 2(900) + 2(400) to get 1790

b) 1000 meters makes a kilometer so we divide by 1000 and get 1.79 for the kilometers

6 0
3 years ago
Read 2 more answers
olice response time to an emergency call is the difference between the time the call is first received by the dispatcher and the
yan [13]

Answer:

0.7823 = 78.23% probability that the response time is between 3 and 9 minutes.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the z-score of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean of 7.2 minutes and a standard deviation of 2.1 minutes.

This means that \mu = 7.2, \sigma = 2.1

For a randomly received emergency call, find the probability that the response time is between 3 and 9 minutes.

This is the pvalue of Z when X = 9 subtracted by the pvalue of Z when X = 3.

X = 9

Z = \frac{X - \mu}{\sigma}

Z = \frac{9 - 7.2}{2.1}

Z = 0.86

Z = 0.86 has a pvalue of 0.8051

X = 3

Z = \frac{X - \mu}{\sigma}

Z = \frac{3 - 7.2}{2.1}

Z = -2

Z = -2 has a pvalue of 0.0228

0.8051 - 0.0228 = 0.7823

0.7823 = 78.23% probability that the response time is between 3 and 9 minutes.

4 0
3 years ago
What is one more than -5
Cerrena [4.2K]
All real numbers above -4
3 0
4 years ago
Read 2 more answers
Which of the following equations has a slope of -2 and passes through the point (2,3)?
ryzh [129]

Option C (Same as Option D)

<h2>Explanation:</h2>

Option C and D are the same, so I'll assume you made a mistake when writing this question. However, let's figure out which of the following equations has a slope of -2 and passes through the point (2,3):

A. y = -2x + 6

B. y - 3 = -2(x + 2)

C. y = -2x + 7

<em />

<em>All these equations have a slope of -2.</em>

FROM OPTION A:

Recall \ our \ point \ is \ (2,3), \ so: \\ \\ x=2 \\ \\ y=3 \\ \\ Substituting \ into \ the \ equation: \\ \\ 3=-2(2)+6 \\ \\ 3=-4+6 \\ \\ 3=2 \ False!

Since 3\neq 2 then the line doesn't pass through the point (2, 3)

FROM OPTION B:

Recall \ our \ point \ is \ (2,3), \ so: \\ \\ x=2 \\ \\ y=3 \\ \\ Substituting \ into \ the \ equation: \\ \\ 3-3=-2((2)+2) \\ \\ 0=-2(4) \\ \\ 0=-8 \ False!

Since 0\neq -8 then the line doesn't pass through the point (2, 3)

FROM OPTION C:

Recall \ our \ point \ is \ (2,3), \ so: \\ \\ x=2 \\ \\ y=3 \\ \\ Substituting \ into \ the \ equation: \\ \\ 3=-2(2)+7 \\ \\ 3=-4+7 \\ \\ 3=3 \ True!

Since 3\neq 3 then the line passes through the point (2, 3)

<em>Finally, the equation that has a slope of -2 and passes through the point (2,3) is Option C (Same as Option D)</em>

<em></em>

<h2>Learn more:</h2>

x and y intercepts of a line: brainly.com/question/13770925#

#LearnWithBrainly

5 0
3 years ago
What’s the slope of the line that goes through (9,9) and (-8,9) ?
denpristay [2]

Answer:

0

Step-by-step explanation:

9-9/9--8

0/17

0

5 0
3 years ago
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