Y=2 since its going straight through the y axis at the point 2
Im not sure but it think its 410 mile long, idk double check by changing it into eighths
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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:
The point slope is (0,1)
Step-by-step explanation:
For this case, the first thing we must do is identify the linear expressions.
first linear expression = y1 = x
second linear expression = y2 = 5
We have then that the difference of the second with respect to the first is:
y2-y1 = 5-x
Answer:
The difference when the second line is here is subtracted from the first is:
5-x