Is it 116? if i didnt add that up wrong thats the answer
Answer:
i am not sure but i thinks 2-1 is 1
Step-by-step explanation:
Answer:
(3 x 10^3) / (12 x 10^6) = 0.00025
Usually if it's an basic good, or very important one.
because the price fluctuations do not affect the quantity sold.
a good example of that would be milk, if the milk gallon is say $8, and a family needs 1 gallon daily, they buy it for $8.
if the price drops to $7, they might buy 2, but they only need 1 everyday, just in case they may get another.
if the price drops to $4 or even $3, they're not going to get 10 gallons, there's no need for it on an everyday basis, besides is a perishable.
now if the price goes up to $12, they still need it, and will buy it for $12.
3 times it could be an even number and a tail. 3 out of 12 AKA 1/4
