47.12 is the answer please mark as brainliest
Answer:
-2; Inferior good
Step-by-step explanation:
Given that,
Initial Quantity = 10 boxes
New Quantity = 8 boxes
Percentage increase in Sally's income = 10%
Change in consumption:
= 8 boxes - 10 boxes
= - 2 boxes
Percentage change in quantity demanded:
= (Change in quantity demanded ÷ Initial quantity) × 100
= (-2 ÷ 10) × 100
= - 20%
Therefore,
Income elasticity of demand:
= percentage change in quantity demanded ÷ Percentage change in income
= - 20% ÷ 10
= -2
Inferior goods are generally have a negative income elasticity of demand which means that an increase in the income of the consumer will lead to reduce the quantity demanded for inferior good and vice versa.
Hence, the good is a inferior type of good.
Answer: m is less than or equal to -7
Step-by-step explanation:
Answer:
12
Step-by-step explanation:
With PEMDAS you could know to do parentheses FIRST
6 x (10 - 2^3)
6 x (2)
12
Answer:
24 carbohydrates
Step-by-step explanation:
Represent Snack bars with S and Milks with M.
So, we have:
and
Required: Solve for M and S
Convert the given expressions to mathematical expressions:
--- (1)
--- (2)
Multiply the first equation by 2
--------- * 2
--- (3)
Subtract (1) from (3)
Solve for S
Substitute 13 for S in (2)
Solve for 4M
Solve for M
1 glass of milk and 1 snack bar = S + M
