To find the LCD first convert all integers and mixed numbers (mixed fractions) into fractions. Then find the least common multiple ( LCM ) of the denominators which is equal to the least common denominator ( LCD ). You can then rewrite each term as an equivalent fraction with the LCD .
Answer:
20%
10%
0.5
5%
Step-by-step explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Percentage change in price = (1.2/1) - 1 = 20%
Percentage change in quantity demanded = 450/500 - 1 = 10%
Answer:
The student made the error at step 2.
Step-by-step explanation:
The correct step will be:
Step 2; 6x − 12 = 14 + 2x
As 3 will be multiplied with 2x and 4 which will give 6x − 12
add them then divide by 3
16.00 + 40.00 + 130 = 186.00
186.00/3 = 62.00
the average is 62.00
