Answer: Percentage change in quantity would decrease by 12.5%.
Step-by-step explanation:
Since we have given that
Price elasticity of demand = -0.8
Price of each unit = $100
After change, price of each unit becomes = $110
% change in quantity would be
As we know the relation between price, quantity and elasticity.
Hence, Percentage change in quantity would decrease by 12.5%.
The answer to this question would be: <span>-$1,700
In this question, we can separate the account into positive/debit and negative/credit value. The positive/debit value should be:
Joaquin has $1,300 in the bank
He has $4,000 worth of investment
Total positive value = $1300 + $4000= $5300
The negative value should be
</span><span>$7,000 worth of credit card debt
</span>Total positive value =$7000
<span>
Then the net worth should be: $5300 - $7000= -$1700</span>
Answer:
how much percent is off?
Step-by-step explanation:
Answer:
Step-by-step explanation:
bvgfyr
Answer:
what
Step-by-step explanation:
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