As the price of good x decreasesfrom $10to $8, quantity demanded increasesfrom 10to 13.based upon this information we canconclude that the demand for x is

a. inelastic.
b. elastic.
c. insufficient information for judgment.
d. unit elastic.

B- Elastic

Explanation: The elasticity of demand can be perfectly elastic or relatively elastic.

The above information given is a relatively elastic demand because the change in price gives rise to a proportionate change (increase) in demand for the product.

a

explanation:

reducti0n

\

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"