I'd say the first or third one, however, I'm not too sure:)
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%
A and b because both values are less than 365
An isosceles right triangle is composed of a right angle and two congruent acute angles. In this case, 90 + 2x = 180 where x is the acute angle. x is equal to 45 degrees. Using sine law, 8/sin 90 = y / sin 45 where y is the leg of the triangle. the leg's length is equal to 4 sqrt 2.
