Answer:
D
Step-by-step explanation:
30kx - 6kx = 8
24kx = 8
x = 8/24k
x = 1/3k
Answer:
The equation of the line would be y = 2x + 8
Step-by-step explanation:
In order to find the equation of the line, we first need to find the slope of the original line. We can do that by solving for y.
14x - 7y = 1
-7y = -14x + 1
y = 2x - 1/7
Now that we have a slope of 2, we know the new slope will be the same since parallel lines have the same slope. So we can use it along with the point in point-slope form to find the equation.
y - y1 = m(x - x1)
y - 4 = 2(x + 2)
y - 4 = 2x + 4
y = 2x + 8
Answer:
It has 2 significant figures, which I assume is what you meant.
The uploaded question does not contain the options. The full question with the options is shown below.
Joe receives a 20 percent increase in his income from his part time job and as a consequence decreases his consumption of Ramen noodles by 10 percent. Hence to Joe, Ramen noodles are
A) a normal good with a price elasticity of demand of 0.5.
B) a substitute good with a cross elasticity of 0.5.
C) a good with a price elasticity of supply of -0.5.
D) an inferior good with an income elasticity of -0.5.
E) an inferior good with an income elasticity of -2.0.
Answer:
D) An inferior good with an income elasticity of -0.5
Step-by-step explanation:
Income elasticity is calculated by finding the negative 50% change in demand.
Income elasticity = -0.5
The reduction in demand for Ramen noodles due to the increase in income indicates that Ramen noodle is an inferior good that was only purchased because of Joe's meager income.
Symmetric property of equality
it states that a=b and b=a