The income elasticity for the household is -1.05.
<h3>What is the income elasticity?</h3>
Income elasticity measures how quantity demanded changes when there is a change in the income of a person / household
Income elasticity = percentage change in quantity demanded / percentage change in income
- percentage change in income = (3000 / 2500) - 1 = 0.2 = 20%
- percentage change in quantity demanded =( 150 /190) - 1 = -0.21 = -21%
Income elasticity = -21% / 20 = -1.05
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9:6 is the ratio of tickets he has to the tickets he has used.
A statement is something you are standing for and your sticking to it.
There is no common factor between 15, 17 and 18 because 17 is prime.
15z² +17z - 18 =
d = 17² - 4.15.-18
d = 289 + 1080
d = 1369
z = (-17 +/- \/1369) : 2 * 15
z = (-17 + 37) : 30
z' = 20 : 30 = 2/3
z" = (-17 - 37) : 30
z" = -54 : 30 = -1.8
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Answer:
Step-by-step explanation:
When multiplying or dividing two negatives, multiply or divide the normal way and make your answer positive. Two negatives make a positive.
