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%
so, we have two 54x18 rectangles, so their perimeter is simply all those units added together, 54+54+54+54+18+18+18+18 = 288.
we know the circle's diameter is 1.5 times the width, well, the width is 18, so the diameter of the circle must be 1.5*18 = 27.
![\bf \stackrel{\textit{circumference of a circle}}{C=d\pi }~~ \begin{cases} d=diameter\\[-0.5em] \hrulefill\\ d=27 \end{cases}\implies C=27\pi \implies C=\stackrel{\pi =3.14}{84.78} \\\\[-0.35em] ~\dotfill\\\\ \stackrel{\textit{perimeter of the rectangles}}{288}~~~~+~~~~\stackrel{\textit{perimeter of the circle}}{84.78}~~~~=~~~~372.78](https://tex.z-dn.net/?f=%5Cbf%20%5Cstackrel%7B%5Ctextit%7Bcircumference%20of%20a%20circle%7D%7D%7BC%3Dd%5Cpi%20%7D~~%20%5Cbegin%7Bcases%7D%20d%3Ddiameter%5C%5C%5B-0.5em%5D%20%5Chrulefill%5C%5C%20d%3D27%20%5Cend%7Bcases%7D%5Cimplies%20C%3D27%5Cpi%20%5Cimplies%20C%3D%5Cstackrel%7B%5Cpi%20%3D3.14%7D%7B84.78%7D%20%5C%5C%5C%5C%5B-0.35em%5D%20~%5Cdotfill%5C%5C%5C%5C%20%5Cstackrel%7B%5Ctextit%7Bperimeter%20of%20the%20rectangles%7D%7D%7B288%7D~~~~%2B~~~~%5Cstackrel%7B%5Ctextit%7Bperimeter%20of%20the%20circle%7D%7D%7B84.78%7D~~~~%3D~~~~372.78)
I think the answer should be False! Because the induction it is not kind of thinking with using their specific answers from the general rule.
Hope it helped!
