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There's a lot of information to take on in this question so it's firstly important to isolate the facts: ...
Firstly, the demand of a consumer for a certain good or service is the willingness to pay the price for that good/ service in order to be considered in the market demand. The price elasticity of demand re...
Step 1: x+y=7 can be rearranged as: x= 9 - y.Step 2: We substitute the expression of x in the second equation: 9 - y - 2y + 1 = 1Step 3: We calculate the value of y. 9 + 1 - 1- 3y=0. It is equivalent with...
First solve to find dy/dx.dy/dx = 4x^3 - 4xThe stationary points occur when dy/dx = 0. Solve the equation to find the values of x for when dy/dx = 0.4x(x^2 - 1) = 0 x = 0, x = 1, x = -1Finally su...
Step 1- Workout how many people overall said yes. We Know overall there are 200 people and of these 200 people 1/4 said yes. Therefore, we need to workout 1/4 of 200. Simply divide 200 by 4. 200/4=5...
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