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%
2/3,2/6,2/8
23 is the greatest because it has larger pieces
2/6 is the second greatest because it is a little smaller than thirds
2/8 is the least because it has the smallest pieces
Please put a thanks so i know your question was answered. It helps since im new here and really boosts my morale :D
if x =4 and y =-3
F =
First, change the mixed fraction into improper fraction. Change the whole number into a fraction, and add.
1 8/11 = 11/11 + 8/11 = 19/11
To find the reciprocal, flip the fraction.
The reciprocal of 19/11 is 11/19
hope this helps
