Step-by-step explanation:
Greatest is starting by 8 and the littlest is 1.
r-12
substitute in r=7
so 7-12 = -5
The statement "everyone's individual demand for a particular good or service can be represented by the same demand curve " is false. Option B
This is further explained below.
<h3>What is
the demand curve?</h3>
Generally, In the field of economics, a demand curve is a graph that illustrates the relationship between the price of a particular commodity and the quantity of that commodity that is demanded at that price. Specifically, the graph shows how the quantity of a commodity is affected by the price of the commodity.
Demand curves may be used to analyze the price-quantity connection for a single customer, or they can be used to analyze the relationship for all consumers in a certain market.
In conclusion, It is a fallacy to assert that "everyone's individual need for a given commodity or service can be represented by the same demand curve."
Read more about Demand curves
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Complete Question
Everyone's indiviaual demand for a particular good or service can be represented by the same demand curve
True or false
Answer:
1/8 is less than
Step-by-step explanation:
i dont see any fractions below gona have to edit your answer
Here, "disjointed" signifiies that Event A and Event B are independent; neither outcome influences the other. In such a case, the union of A and B is given by the sum of the two probabilities P(A) and P(B).
Here, that sum is P(A or B) = 6/25 + 9/25, or 15/25, or 0.6.