Answer:
A - elastic since many other fast food items could be considered close substitutes.
Explanation:
The price elasticity of demand is how much the demand of the Big Macs will change due to a 1% change in price. Should the elasticity be greater than 1, the Big Macs will be elastic. Should it be less than 1, the Big Macs are inelastic.
Demand elasticity is calculated as the percentage change in quantity demanded divided by a percentage change in price.
Since Big Macs are (i) a luxury good, and (ii) have close substitutes (other burgers available at McDonalds and other fast food stores), we will say their elasticity is greater than 1.
This means that the demand of Big Macs will change due to a 1% increase in price due to the presence of close substitutes.
Zero.
Acceleration is defined as the change in velocity over time.
Since in your case there is no change, there is no acceleration, so it is zero:
Or in formula: <span>a=<span><span>Δv</span>t</span></span>
Where a=acceleration, <span>Δv</span>=change in velocity and t=time
Answer:
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Acceleration of the car is 3.375 m/s² and the force of the car moving forward is 5062.5 N
Explanation:
- Acceleration is the rate of change of velocity.
- It is given by the equation, a = change in velocity/time
Here, velocity changes from 0 to 27 m/s and time = 8
⇒ Acceleration = 27 - 0/8 = 27/8 = 3.375 m/s²
- Force is calculated by the equation, F = Mass × Acceleration
- This is based on Newton's second law of motion.
Here, mass of the car = 1500 kg and a = 3.375 m/s²
⇒ Force = 1500 × 3.375 = 5062.5 N