CorporalRivalle2524 CorporalRivalle2524

06-01-2021
Business

contestada

If the price elasticity of supply is 0.5 and the quantity supplied decreases by g 6%, then the price must:_______

Respuesta :

Parrain Parrain

07-01-2021

Answer: Price decreased by 12%

Explanation:

Price elasticity = %Change in quantity / % change in price

0.5 = 6% / % change in price

0.5 * % change in price = 6%

% change in price = 6%/0.5

% change in price = 12%

Answer Link

Otras preguntas

What is the name of the element with 83 protons and 80 electrons?

"_________________ are information systems professionals who help bridge the relationships between programmers and end users to identify requirements for improv

During a sale, a store offered a 20% discount on a game system that was originally priced at $200. After the sale, the discounted price of the game system was

If 200 vitamins cost 4.75$ what should 500 vitamins cost per bottle

Match the description to the date or term. 1. defeat of the Spanish Armada 2. end of Tudor reign 3. daughter of Anne Boleyn 4. daughter of Catherine 5. Tu

Which of the following describes a role of gravity in the formation of our solar system? I. In the early stages of solar system formation, a fragment of an inte

I REALLY NEED HELP WITH THESE FIVE MATH QUESTIONS WILL LIKE RATE AND MARK BRAINLIEST 1.What is the value of x? Enter your answer in the box. ft 2.What is the va

The french revolution began when the representatives of the third estate chose a new king created the national assembly and pledged to create a constitution ger

Fifteen is increased to 27. What is the percent of change? 55.6% 37% 44.4% 80%

here are the questions !!