Answer: 
Step-by-step explanation:
If the coefficient of demand for the SUV is 0.75 this means that it has a relatively inelastic demand since it is less than. In other words, there is only a little alteration in demand when prices change.
So when the price of SUV rise by 15%, and it has a coefficient of 0.75, we can anticipate only 11.25% decrease in its demand. This is for the reason that the SUVs do not have many substitutes for it.
So to solve:
(x/15%) = 0.75
Then simply solve for x:
x = (0.75)(0.15) = 11.25%
Answer:
2x = y
Step-by-step explanation:
As you can see in the table, y = 2x, this is proven by the fact that if you divide any value in the y of the table by 2 you will get its corresponding x value, proving that 2x = y is the function that is used to represent this table's value.
Answer: -1
Step-by-step explanation:
f(t) = -2t + 3
f(-2) = -2 x -2 + 3 [ substituting the value]
f(-2) = -4 + 3
f(-2) = -1
Answer:
870,000
Step-by-step explanation:
When multiplying the two you add as many 0's to 87 as there are in 10,000
