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melomori [17]
2 years ago
10

Hola wiwehfvpadhf{aodjvopasdgvaeffb

Mathematics
1 answer:
Naddika [18.5K]2 years ago
5 0

Answer:

Step-by-step explanation:

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For a horizontal demand curve
kkurt [141]

Answer:

d. both the slope and price elasticity of demand are equal to 0.

Step-by-step explanation:

In order to graph the demand curve, the quantity demanded is plotted along x-axis and the price is plotted along y-axis. An image attached below shows the horizontal demand curve.

Horizontal demand curve, as its name indicates, is a horizontal line which is parallel to x-axis. Since, the slope of any line parallel to x-axis is 0, we can conclude that the slope of Horizontal demand curve is 0.

A horizontal demand curve can be observed for a perfectly competitive market. Since, its a perfect competition, the price of a product by all competitors will be the same. In this case, if a firm decides to increase the price, he will loose his market share as no customer will buy the product at increased price. They will rather go with the other competitor who is offering a similar product at lower price.

On the other hand, if a competitor decides to lower his price in such case, he will experience loss. Therefore, the competitors do not have the option to change the price. Therefore, we can say the price elasticity of demand in this case is 0.

So, option D describes the horizontal demand curve correctly.

3 0
2 years ago
A set of face cards contains 4 Jacks, 4 Queens, and 4 Kings. Carlie chooses a card from the set, records the type of card, and t
iragen [17]

Answer:

Jan 5, 2017 - A set of face cards contains 4 Jacks, 4 Queens, and 4 Kings. Carlie chooses a card from the set, records the type of card, and then replaces the card. She repeats this procedure a total of 60 times. Her results are shown in the table. How does the experimental probability of choosing a Queen

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
315,728 rouned to the nearest ten thousand
Masja [62]

Answer:

320,000 is the answer

Step-by-step explanation:

have a good day!!

8 0
2 years ago
11. What is the perimeter of the garden?
Ilya [14]

Answer:

19\frac{1}{4} or 18\frac{5}{4}

Step-by-step explanation:

First, add the whole numbers

3, 7, and 8

18

Add the fractions

\frac{1}{2}+\frac{3}{4}=\frac{5}{4}

IF YOU WANT SIMPLIFIED NUMBER DO THIS

\frac{5}{4}=1\frac{1}{4}

18+1\frac{1}{4}=19\frac{1}{4}

6 0
2 years ago
A TV that usually sells for $185.47 is on sale for 20% off. If sales tax on the TV is 5%, what is the price of the TV, including
lesya692 [45]

Answer: The price of the TV including tax is $157.65.

Step-by-step explanation:

6 0
2 years ago
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