Answer:
0.83333333333
Step-by-step explanation:
you divide -12 both sides but its a really odd number
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:
so can't see the graph
Step-by-step explanation:
but if you can give a picture of the graph i could help out.
4= 4.0
7/8= <span>0.875
Hope this helped!
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Answer:
The value is 
Step-by-step explanation:
From the question we are told that
The amount charge per year is 
The number of members it will have at this amount is 
The amount amount increase that will lead to the loss of a single member is 
Generally the total amount the club would obtain from its members is mathematically represented as

Now let x denote the number of member lost
Hence

=> 
=> 
Thus the number of members that be removed to give the maximum income from dues is obtained by differentiating the above equation and equating it to zero

=> 
So from
we have


So the amount the club should charge is

