Answer:
18.16
Step-by-step explanation:
Answer:
1+5.3=6.3
Step-by-step explanation:
not sure what your asking for with the 2
explain what your looking for with the 2 and maybe we can help you further
It will be 1/6 because it one side out of 6 tries
Answer:
slope = -0.5
Step-by-step explanation:
Answer:
-10%
Step-by-step explanation:
price elasticity of demand = % change in demand / % change in price
Here, the "price" changes from 15 to 45, so its percent change is ...
((new value)/(old value) -1) × 100%
= (45/15 -1) × 100%
= 200%
The % change in demand is given as -20%, so the price elasticity is ...
price elasticity of demand = (-20%)/(200%) = -0.10 = -10%
