6. Markets with elastic supply and demand curves: a) Have demand and supply curves that never intersect. B) Are very sensitive to a change in price. C) Have greater movements in quantity than prices. D) Are very sensitive to a change in quantity. E) Are only theoretical and do not exist in the real world.

Answers

Answer 1

Answer:

The correct statement is B (are very sensitive to change in price)

Step-by-step explanation:

Option B is correct because of the following reason -:

The degree to which a rise in price affects the quantity demanded or supplied is known as elasticity. In the case of elastic demand and supply, as the price rises, the quantity demanded falls and the quantity supplied rises more than proportionally. Inelastic price elasticity of demand and supply, on the other hand, induces a less than proportional change in quantity as prices change.

Hence , the correct option is B .


Related Questions

PLEASE HELP THIS IS PYTHAGOREAN THEORM 3D
I MARK THE BRANILIEST
What is the vertical height, hh
Round your answer to the nearest tenth.
The height is
units

Answers

Answer:

The height is 6.3

Step-by-step explanation:

Pythagorean Theorm: a² + b² = c²

5² + b² = 8²

25 + b² = 64

b² = 39

b = 6.2449979984

Joe wants to rent a boat and spend less than $33. Boat cost $7 per hour, and Joe has a discount coupon for $9 off. What are the possible numbers of hours Joe could rent the boat? Use t for the number of hours. Write your answer as an inequality solved for t.

Answers

Inequality: 7t - 9 < 33
Solve the inequality
7t < 42
t < 6

$7 per hour plus $9 off

$7x5=$35-$9 discount=$26

$26+$7=$33

6hours=$42-$9=$33

Joe could rent the boat for 6 hours

If AABC = ADEC,
ZB = 44º and ZE = 4x
A
B
С
E
x = [?]

Answers

Answer:

The angle at B is the same as the angle at E so equate them to each other to find x

2x+4=40°

2x=40-4

2x=36

x=36/2=18

Step-by-step explanation:

Hope this is helpful! stay safe and God Bless:)))

I need help with this please lol

Answers

Answer:

360 degrees

Step-by-step explanation:

PLEASE HELP ASAP

A weir is a dam that is built across a river to regulate the flow of water. The flow
rate Q (in cubic feet per second) can be calculated using the formula Q = 3.3674h3/2,
where l is the length (in feet) of the bottom of the spillway and h is the depth (in feet)
of the water on the spillway. Determine the flow rate of a weir with a spillway that is
20 feet long and has a water depth of 5 feet. Round your answer to the nearest whole
number

Answers

Answer:

752.884 cubic feet

Step-by-step explanation:

Brainliest?

Applying the formula, it is found that the flow rate is of 753 cubic feet per second.

The flow rate is modeled by:

[tex]Q = 3.367lh^{\frac{3}{2}}[/tex]

[tex]Q = 3.367l\sqrt{h^3}[/tex]

In which the parameters are:

l is the length.h is the depth.

In this problem:

20 feet long, hence [tex]l = 20[/tex]Depth of 5 feet, hence [tex]h = 5[/tex]

Then:

[tex]Q = 3.367l\sqrt{h^3}[/tex]

[tex]Q = 3.367(20)\sqrt{5^3}[/tex]

[tex]Q = 753[/etx]

The rate is of 753 cubic feet per second.

A similar problem is given at https://brainly.com/question/24729807

Over the past month, a garment manufacturer produced 800 dresses. The distribution of the amount of fabric required to make the dresses is

not normal.

The average amount of fabric needed to make a dress is 4 yards, with a standard deviation of 2 of a yard. Suppose a series of samples, each

containing 180 dresses, are selected from the dresses produced in the past month.

Would it be appropriate to model the distribution of a sample mean with a normal model?

Answers

Answer:

Yes it will be appropriate to model the distribution of a sample mean with a normal model

Step-by-step explanation:

Given that the population is not normal, and the sample is sufficiently large, according to the Central Limit theorem, the distribution of the mean pf the sampling distribution will be approximately normal not withstanding the population from which the sample is obtained. Therefore, the mean, [tex]\overline x[/tex], and the standard deviation, [tex]\dfrac{\sigma}{\sqrt{n} }[/tex], of the sample will be equal to the mean, μ, and standard deviation, σ, of the of the population

Therefore, it will be appropriate to model the distribution of a sample mean with a normal model

Answer:

yes

Step-by-step explanation:

i got it right on plato

can anyone help with this pls

Answers

Answer:

9

Step-by-step explanation:

Answer:

9 square meter

Step-by-step explanation:

1/2xbasexheight

=1/2x6x3

=9

plz mark me as brainliest.

Solve 12/y = 4/3
Solution is____

Answers

Answer:

y=9

Step-by-step explanation:

12/y=4/3

3×12/y=3×4/3

36/y=4

y×36/y= 4×y

36=4y

36/4=4y/4

9=y

I’m going to guess16

Ay benefit concert, twelve bands have volunteered to perform but there is only enough time for eight of the bands to play. How many lineups are possible?

Answers

The requried, there are 495 possible combination lineups with eight bands out of twelve for the benefit concert.

To determine the number of possible lineups with eight out of twelve bands performing, we need to calculate the combination.

The number of ways to choose eight bands out of twelve without considering the order is given by the combination formula:

[tex]C(n, r) = \dfrac{n!}{ (r! * (n-r)!)}[/tex]

where n is the total number of bands (12 in this case) and r is the number of bands to be chosen (8 in this case).

Let's calculate it:

[tex]C(12, 8) =\dfrac {12!}{(8! * (12-8)!)}[/tex]

            [tex]= \dfrac{12!} {(8! * 4!)}[/tex]

            = (12 * 11 * 10 * 9) / (4 * 3 * 2 * 1)
            = 495

Thus, there are 495 possible combination lineups with eight bands out of twelve for the benefit concert.

Learn more about combination here:

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Type the correct answer in the box the coordinates of vertex is are blank and blank the area of rectangle pqrs is blank square units

Answers

Answer:

first is x second is y third is -2-3

Step-by-step explanation:

make me brainliest or yo gay

A right cylinder has a radius of 5 and a height of 9. What is its surface area? A. 457 units2 B. 1407 units2 C. 907 units? D. 700 units2​

Answers

Answer: B

The surface area of the right cylinder is 140π cubic units or 439.60 cubic units.

Step-by-step explanation:

We have formula to find the surface area of a right cylinder.

Surface area = 2πr(h + r)

Given: r = 5 and h = 9,

Now plug in the value of r and h in the above formula, we get

Surface area = 2π.5 (9 + 5)

= 10π(14)

Surface area = 140π

The value of π = 3.14, when we plug in the value of π, we get

The surface area = 140 × 3.14

= 439.60 cubic units.

Therefore, the surface area of the right cylinder is 140π cubic units or 439.60 cubic units.

Hope this helped!!!

(3)(0.2)+9 help please

Answers

Answer:

9.6

Step-by-step explanation:

Answer:

[tex]9.6[/tex]

Step-by-step explanation:

1) Simplify 3 × 0.2 to 0.6.

[tex]0.6 + 9[/tex]

2) Simplify.

[tex]9.6[/tex]

Hence, the answer is 9.6

HELP!!!!! What is the geometric mean of 3 and 7?

Answers

Answer:

4.5826

Step-by-step explanation:

It is Square root of 22

can someone awnser the following screenshot

Answers

The answer is 23v

steps-

remove the parentheses

2x7v+9v

multiply the number

2x7=14+19v

add them

14v+19v=23v

Evaluate the following expression.

1/5^-2

Answers

The answer is 25. I hope this helps.

uh someone help D:
ill make the points high

Answers

Answer:

m = 18/4 = 9/2 = 4.5

Step-by-step explanation:

Notice that the line passes through (0, 0) and (4, 18).  Thus, its 'rise' is 18 - 0, or 18, and its 'run' is 4 - 0, or 4, and the slope (which is the desired constant of proportionality) is m = 18/4 = 9/2 = 4.5             This is Answer B

Five more then six times a number is 17.what is the number

Answers

Answer:

2

Step-by-step explanation:

You set up and equation:

5+6x = 17

You solve it and get 2.

Step-by-step explanation:

17-5 = 12

If cos x = -√3/2
in which quadrants could a.
I and IV, only
b.
II and IV, only
c.
II and III, only
d.
I and III, only

Answers

Answer:

c

Step-by-step explanation:

Please help I’m having a hard time :(

Answers

Answer:

i think you're right- you seem to have all numbers squared correctly, also every negative value squared becomes a positive number, which means that your answers are correct.. what is your issue?

Step-by-step explanation:

HELP DUE IN 10 MINUTES

Answers

M > -2 (I think?)

-3 can’t be right because 3(-3) = -9 and -9 + 14 = 5, which is less than 8 so 5>8 would be false.

Complete the statement. Round to the nearest hundredth if necessary.

6 lb =
oz

Answers

Answer: 96 oz

Step-by-step explanation:

16oz in each lb
16*6 = 96oz

help pleaseeeeeeeeeee

Answers

They are alternate exterior angles which means they have the same degree

Solution: 70 degree

6v=-9 v= what does v =

Answers

Answer:

v = -3/2

Step-by-step explanation:

6v = -9

v = -9/6

v = -3/2


Help me with this and you’ll be marked as Brainliest

Answers

Answer:

A.) The base is 5 and the exponent is 3

B.) The base is 4 the exponent is 7

C.) The base is 3 the exponent is 4

D.) The base is 6 the exponent is 8

Step-by-step explanation:

please dont put any links or I'll report:(​

Answers

Answer:

1000

Step-by-step explanation:

volume of prism formula=b*w*h(base times width times height)

10*10*10(10^3)=1000

Answer: 1,000 m

Step-by-step explanation:

To find volume you have to multiply: LengthxWidth,Height so you would do 10x10x10 and get 1,000 m

HOPE THIS HELPS ^^

Are these proportional?
6/9 and 2/3

Answers

Answer:

yes.

Step-by-step explanation:

Ratios are proportional if they represent the same relationship. One way to see if two ratios are proportional is to write them as fractions and then reduce them. If the reduced fractions are the same, your ratios are proportional.

6/9 divided by 3/3= 2/3

proportional

Can someone plz help me with this I need to get an 92 choose all that apply

Answers

Step-by-step explanation:

54, 54, 72

[tex]180 - 2 \times 54 = \\ = 180 - 108 = \\ = 72[/tex]

Does the equation 3(2x−1)+5=6(x+1) have one, none, or an infinite amount of solutions?

Answers

Answer: No solutions

Step-by-step explanation: If you solve the problem all the way, you get 0 = 4 which is not valid so there is simply no solution

The given equation 3(2x−1)+5=6(x+1) has no solution. Option B is correct.

What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

Here,
Given equation ⇒

⇒= 3(2x−1)+5=6(x+1)

Simplify the above expression,
⇒ 6x - 3 + 5 = 6x + 1
⇒    2 ≠ 1

Thus, the given equation has no solution.

Learn more about simplification here:

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Emmy is tossing bean bags at a target. She hit the target on 9 out of her last 18 tries. Considering this data, how many hits would you expect Emmy to get during her next 16 tosses?

Answers

Answer:

I would expect Emmy to get 8 hits in her next 16 tosses.

Emmy is to get 8 hits in her next 16 tosses.

What is probability?

Probability is defined as the ratio of the number of favourable outcomes to the total number of outcomes in other words the probability is the number that shows the happening of the event.

Probability = Number of favourable outcomes / Number of samples

Given that Emmy is tossing bean bags at a target. She hit the target on 9 out of her last 18 tries. Considering this data.

The probability is,

P = 9 / 18

P = 0.5

The expected number of the hits on the target in 16 tosses will be;-

Number = 16 x 0.5

Number = 8

Therefore, Emmy is to get 8 hits in her next 16 tosses.

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A ship sails 9 km due West, then 5 km due South.

Find the bearing of the ship from its initial position.

Give your answer correct to 2 decimal places.

Answers

Answer:

10.29 km

Step-by-step explanation:

Given that,

A ship sails 9 km due West, then 5 km due South.

We need to find the distance of the ship from its initial position. Let the distance be d. We can find it as follows :

[tex]d=\sqrt{9^2+5^2} \\\\d=10.29\ km[/tex]

So, the required distance of the ship from its initial position is equal to 10.29 km.

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Some economic enterprises have been permitted to operate with greater freedom from state control.Are these the beginnings of profound changes in the Soviet state? Or are they token gestures, intended to raise false hopes in the West, or to strengthen the Soviet system without changing it? We welcome change and openness; for we believe that freedom and security go together, that the advance of human liberty can only strengthen the cause of world peace. There is one sign the Soviets can make that would be unmistakable, that would advance dramatically the cause of freedom and peace.General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe, if you seek liberalization: Come here to this gate! Mr. Gorbachev, open this gate! 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