Answer:
B. the more inelastic is the demand for the final product.
Explanation:
Inelastic demand occurs when demand rises by a lower percentage as compared to the percentage of the price drop.
Take for instance, if price drops by 10% and then demand only rises by 4%.
Now, the derived demand curve for a product component will be more inelastic when there's more rises by lower percentages of the final product than price drop. The more inelastic the demand for a product is, the more inelastic the demand derive curve will be.
Equation 1) x + 6y = 2
Equation 2) 5x + 4y = 36
Multiply all of equation 1 by 5.
1) 5(x + 6y = 2)
Simplify.
1) 5x + 30y = 10
2) 5x + 4y = 36
Subtract equations from one another.
26y = -26
Divide both sides by 26.
y = -1
Plug in -1 for y in the first equation.
x + 6y = 2
x + 6(-1) = 2
Simplify.
x - 6 = 2
Add 6 to both sides.
x = 8
D : (8, -1)
~Hope I helped!~
Answer:
Ugh Once again I need help please help!
Step-by-step explanation:
Ugh Once again I need help please help!
Answer:
5>6
Step-by-step explanation: