The switching from old gas guzzlers to more fuel-efficient cars is an example of substitution effect.
Substitution effect is the switching of customer from a more expensive product to a cheaper product. This is usually because of an increase in price or a decrease in the customers income.
Substitution effect can be positive for consumers if they can continue to by the products they like. Also, this effect can be negative for consumers if it results in fewer choices of that product or products of lower quality.
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<span>2^(3x)/2^y = 2^(3x-y) = 2^12 = 4096</span>
Answer:
Focusing on your academic studies
Explanation:
Answer:
- Time: 2 hr 55 min (+ 40 min if taking writing as well)
- Sections: English, Math, Reading, Science, Writing (optional)
- Time per Section: English (45 min), Math (60 min), Reading (35 min), Science (35 min), Writing (40 min)
- Scoring: Raw scores (# of questions answered correctly in each section) are converted into scaled scores (ranging from 1 - 36), which are averaged into a composite score (ranging from 1 - 36).
- Number of Questions: English (75 q), Math (60 q), Reading (40 q), Science (40 q), Writing (1 essay)
- Cost: US without writing ($50.50), US with writing ($67.00), non-U.S. without writing ($150.00), non-U.S. with writing ($166.50)
- CSUs, Ivy League schools, + some other schools.
- I would take the ACT or SAT to boost my college applications and gauge where my level of knowledge is at.
Explanation:
A simple online search produced the answers.
