Tutor profile: Danny L.
translate: je t'aurais dit qu'il y a un façon mieux pour faire ça, s'il a existé!
I would have told you that there is a better way to do that, if it existed!
The slope of the demand curve for water in a sample market is perfectly inelastic. Provide an example of why this would be.
The slope would be perfectly inelastic because water is deemed as a necessity in that market. Goods that are considered necessities have more inelastic demand as people are willing to pay any price for them because they are needed to survive. Thus there is an low price-elasticity of demand because of the fact that in this market, and most markets, water is necessity for living.
2X + 5 = 3X - 7 find X.
X=12 work: 2X=3X - 7 - 5 2X= 3X -12 2X-3X = -12 -X= -12 X=12
needs and Danny will reply soon.