A government wants to reduce electricity consumption by 15%. The price elasticity of demand for electricity is -5. The government must ________ the price of electricity by ________.

Answers

Answer 1

Answer: Increase; 3%

Explanation:

A government wants to reduce electricity consumption by 15%. The price elasticity of demand for electricity is -5. The government must increase the price of electricity by 3%.

Price elasticity of demand shows how quantity demanded changes when there is a change in price. If this elasticity is negative then it means that a price increase would result in a decrease in quantity demanded and vice versa.

In this case therefore, to decrease consumption / demand, there is a need to increase prices.

Price elasticity of demand = Change in quantity demanded / Change in price

-5 = -15% / P

-5P = -15%

P = -15% / -5

P = 3%

Increase price by 3%.


Related Questions

GIVING BRAINIEST!!!!!!!What enlightenment philosopher influenced this statement? GIVING BRAINIEST!!

Answers

Answer: Marquis De Lafayette

Explanation:

The pictures below show four objects that a student placed outside in the sunlight.Which object should reflect the greatest amount of light?
A: Aluminum foil
B: Clear glass
C: Black towel
D: White paper

Answers

B sorry if wrong. :)

Fun facts about United States-Australia Free Trade Agreement (FTA)

Answers

Answer:

In addition to tariff elimination, the FTA affords substantial benefits in a broad range of other sectors.

Explanation:

Explanation:

The facts about United States- Australia Free Trade Agreement (FTA) are :-

Australia- New Zealand Singapore AustraliaAustralia United StatesMalaysia AustraliaKorea Australia Japan Australia China AustraliaAustralia Hong-Kong

FTA affords substantial benefits in a broad range of the other sectors.

i guess this might be the answer or not

Which option best describes the role of citizens in a democracy?
A. To encourage the government to remain authoritarian
B. To protest all actions of the government
C. To give the government the authority it needs to rule
D. To obey the government without question
SUBMIT

Answers

Answer:

C

Explanation:

We live in a democracy, or at least we used to.

A: Never encourage a government to become authoritarian let alone encourage it to remain so.

B: No but protesting some actions are the rights and duties of all citizens.

C: I suppose this is probably the answer you should give, but it is not the best course of action. You should only obey a government's action if it is acting in the best interests of the people it rules.

D: No doubt a government would like this, but it is not democratic if that's it's objective.

17. Which amendment ensures specific powers of the government are listed in the Constitution and the govenment can not create laws as it chooses?
9th Amendment
O 3rd Amendment
O 10th Amendment
18th Amendment

Answers

Answer:

Summary of the Amendment

Expl

Summary of thnne AmendmentSummary of the Amendment

Instructions: Complete each question by choosing or typing in the best answer. To receive the highest score, be sur
have completed the test, click the "Grade My Test Now" button at the end of the test. If you run out of time, click the
button. Tests are automatically saved in case of internet disruption.
1)
Canada achieved independence from what country?
Highlight
A)
France.
B)
Time
Remaining
00:01:36
Hide Tools
Germany
Great Britain.
Eliminate
D)
United States.

Answers

Answer:

b

Explanation:

bc teacher went over study guide

International Export Trade

A foreign export is a commodity produced in the state of Washington that is sold to a foreign country. Washington's major exports include sawlogs, lumber, wood products, wheat, barley, apples and other fruits, seafood, potatoes and other commercial vegetables, Boeing aircraft, computer software, video games, electronic devices, measuring instruments, medical instruments, trucks, and many other consumer goods. Washington's major export trading partners are Canada, China, Japan, South Korea, Taiwan, Hong Kong, India, Egypt, Ireland, Germany, United Kingdom, France, Italy, Saudi Arabia, United Arab Emirates and others.

International Import Trade

Any commodity sold in Washington that was produced in another country is a foreign import. Washington's major foreign imports are crude petroleum, paper, newsprint, airplane parts, motor vehicles, electronic equipment, consumer products, footwear, natural gas, manufactured goods, tropical foods, fruits, televisions, communication devices, and more. Major trading partners for Washington imports were Canada, China, Japan, Hong Kong, European Union, and the Philippines among others.

How does the international export trade compare to the international import trade?

Sawlogs are a major import to Washington, while newsprint is a major export.
Major exports are lumber and farm goods; major imports are oil and paper products.
Canada mostly imports from Washington, while China mostly exports to Washington.
Many African nations export goods to Washington and import from Washington.

Answers

Answer:

B. Major exports are lumber and farm goods; major imports are oil and paper products. Explanation:

I got it right on the assignment

ANSWER !!
ILL GIVE 40 POINTS !!
DONT SKIP :((
PLUS BRAINLIEST !!

Answers

Answer:

1/4

Explanation:

A quarter of people were left without jobs.

Answer:

1/4

Explanation:

please help!!!

5. What's the name of the terrorist group located in
Northern Ireland that fought against the British during
the later twentieth century?
A. The IRA
B. The Kurds
C. The IRF
D. The ELO

Answers

Answer:

The IRA

Explanation:

The IRA (Irish Republican Army) fought against the British to stop them from ruling in Northern Ireland

If government taxes go up, what will
happen to the average price level?
A. It will go up to accommodate the higher tax.
B. It will go down because people will buy more.
C. It will have no change since taxes don't influence
shopping.
D. The price will freeze until governmental subsidies
replace the taxes.

Answers

Answer:

Ima take a wild guess and say C

Explanation:

What is an example of a positive human effect on the environment?

Planting trees in the community.
Eating foods that contain GMO’s.
Throwing plastic bottles in the garbage.
Littering

plssssssssssssssssssssssss answer corectly

Answers

Answer:

I think Planting trees in the community.

planting trees!!!!!!!


A domestic help and a driver get___for their
work.​

Answers

The answer is get tasks

what conclusion about international NGO’s can be drawn from the graph?

Answers

Answer:

The contribution of NGOs is important not only in terms of the results that are achieved, and therefore for the optimism that people may feel about the defence of human rights in the world, but also because NGOs are, in a very direct sense, tools that are available to be used by individuals and groups throughout the world. They are managed and co-ordinated  as many organisations are  by private individuals, but they also draw a large part of their strength from other members of the community offering voluntary support to their cause. This fact gives them great significance for those individuals who would like to contribute to the improvement of human rights in the world.

Explanation:

can someone name all the presidents please

Answers

Answer:

ok

Explanation:

geroge washington , john adams , thomas jefferson , james madison , james monroe

I will list them in order according to which president was the first, second, third, and so on. Also, I didn't count people twice who were re-elected because they still remain the same president of that time.

1.) George Washington

2.) John Adams

3.) Thomas Jefferson

4.) James Madison

5.) James Monroe

6.) John Adams (John Quincy Adams)

7.) Andrew Jackson

8.) Martin Buren (Martin Van Buren)

9.) William Harrison (William Henry Harrison)

10.) John Tyler

11.) James K. Polk

12.) Zachary Taylor

13.) Willard Fillmore

14.) Franklin Pierce

15.) James Buchanan

16.) Abraham Lincoln

17.) Andrew Johnson

18.) Ulysses S. Grant

19.) Rutherford B. Hayes

20.) James Garfield

21.) Chester A. Arthur

22.) Grover Cleaveland

23.) William Mckinley

24.) Theodore Roosevelt

25.) William H. Taft

26.) Woodrow Wilson

27.) Warren G. Harding

28.) Calvin Coolidge

29.) Herbert Hoover

30.) Franklin D. Roosevelt

31.) Harry S. Truman

32.) Dwight D. Eisenhower

33.) John F. Kennedy

34.) Lyndon B. Johnson

35.) Richard M. Nixon

36.) Gerald R. Ford

37.) James Carter

38.) Ronald Reagan

39.) George H. W. Bush

40.) William J. Clinton

41.) George W. Bush

42.) Barrack Obama

43.) Donald Trump

44.) Joe Biden (Jr.)

Hope this helps and have a nice day.

-R3TR0 Z3R0

how does the settlement affect fur traders

Answers

Answer:

The development of the North American fur trade can be attributed to three interrelated economic factors: 1) a bountiful supply of furs; 2) an indigenous and highly motivated fur gathering system that only the Native population could provide through their interest for European goods.

Answer: The development of the North American fur trade can be attributed to three interrelated economic factors: 1) a bountiful supply of furs; 2) an indigenous and highly motivated fur gathering system that only the Native population could provide through their interest for European goods; 3) a continuing external demand for ...

Explanation: You are welcome

Choose the sentences that are related to the term solstice. Choose the two correct answers.

A.
It occurs in the spring.

B.
It occurs in the winter.

C.
The day is 12 hours long.

D.
The night is 12 hours long.

E.
The days are the shortest or longest.

Answers

Answer: E.) The days are the shortest or longest

Explanation: there are a summer and winter solstice when the sun reaches its highest or lowest point in the sky, which marks the longest or shortest day.

What is the name of one of the smaller political parties in the United States?

A Green

B Liberal

C Democrat

D Republican

Answers

Answer:

green

Explanation:

i heard it before but i hear liberal alot

40 POINTS + BRAINLIEST

Who benefits from tariffs on imported goods? How?

Answers

Answer:

Tariffs mainly benefit the importing countries, as they are the ones setting the policy and receiving the money. The primary benefit is that tariffs produce revenue on goods and services brought into the country. Tariffs can also serve as an opening point for negotiations between two countries.

Answer:

Tariffs mainly benefit the importing countries, as they are the ones setting the policy and receiving the money. The primary benefit is that tariffs produce revenue on goods and services brought into the country. Tariffs can also serve as an opening point for negotiations between two countries.

Explanation:

What are 4 facts about ancient china

Answers

Answer:

Had the Silk RoadHad the Great Wall of China Young girls had their feet painfully bound to prevent their feet from growing because small feet were considered attractive. This often caused their feet to become deformed and made it difficult to walk.Three generations (grandparents, parents, and children) usually all lived in the same house.

Explanation:

If you want more info go to Ducksters.com! Hope this helps! :)

Which of these was the founder of Daoism? (4 points)
A/ Laozi
B/ Confucius
C/ Han fei Tzu
D/ Chengho

HELP ME OUT ITS DUE TODAYYY

Answers

Answer:

A

Explanation:

Laozi was the founder of daoism

Answer:

a

Explanation:

Choose the countries with a Parliamentary Democracy
China
North Korea
India
Japan
South Korea

Answers

Answer:

India

Japan

Explanation:

China follows a socialist democratic system

North Korea follows dictatorship or one party system

South Korea has a presidential democracy

Answer:

india

Explanation:

Which of the following statements best defines civil society?

Answers

Answer:

Civil society can be understood as the "third sector" of society, distinct from government and business, and including the family and the private sphere.

why did the swedish immigrate to america

Answers

Answer:

The swedish immigrated to America for a better future and more job options

Explanation:

Answer:

They went through an economic depression and moving to america provided new opportunities

Why did Japan work to modernize Korea between 1910 and 1945?

Japan hoped to benefit itself.
Japan hoped to restore democratic ideals.
Japan hoped to assist the regional economy.
Japan hoped to end its colonization of the peninsula.

Answers

I believe the answer is japan hoped to benifit itself

Answer:

A

Explanation:

Just took the test.

Your friend asks you to describe pseudoscience. You should reply: (2 points)
a "Pseudoscience is a part of science that involves strict research guidelines and multiple trials"
b "Pseudoscience is just like science but it does not take as much time to prove that your hypothesis is correct"
c "Pseudoscience is not anything like science because it involves strict rules and experiments"
d "Pseudoscience is something that resembles science but cannot be tested or proven using the scientific method"

Answers

Answer:

d

Explanation:

Answer:

d

Explanation:

What are some human activities that change the environment ?




How does cutting down trees in a forest affect the animals that live there ?




What is a good way that people can help protect the animals that live in the forest?




How do rooftop gardens in cities change the rooftop environment?




Step 3: Turn in your assignment.



please help will mark brainliest :)

Answers

Answer:

How does cutting down trees in a forest affect the animals that live there ?

Answer: it won't give them places to live (squirrels) and also food (deer)

What is a good way that people can help protect the animals that live in the forest?

They can replant trees that they cut down. They can also start campaigns and help clean up the forest from any litter.

How do rooftop gardens in cities change the rooftop environment?

They help lower the temperature of the air around them which is the roof.

Explanation:

hope this helped!

guy can you answer this gumball can you put some close on the neighbers can see you

Answers

huh? What’s the question?

Explain the view that citizenship education lies at the heart of social studies

Answers

Answer:

Social studies teach us a relationship between society and its citizens.

Explanation:

Citizenship education lies at the heart of social studies because in social studies we learn about the society, our responsibilities as a citizens and our rights as a citizen. Citizenship education gives people the knowledge to understand and engage with the society including politics, media, civil society, the economy and the law which can be learn from different field of social studies.

which room was used to impeach president nixon

Answers

the House Judiciary Committee

Answer:

It's The House Judiciary Committee room according to Wikipedia.

Explanation:

· Nita heard the sound of lightning
after 4 seconds of seeing it. What
was the distance of the lightning
from her?
(The velocity of sound in air is 340
m/s?)

Answers

Answer: 1360 m

Explanation: Suppose Nita is stood in open ground and she heard the lightning sound after 4 seconds of seeing it.

Given that,

Velocity of sound in air = 340 m/s

Time required = 4 seconds

To find: Distance between Nita and that Lightning

So,

Velocity = Distance / Time

340 m/s = Distance / 4 seconds

Distance = 340 * 4

Distance = 1360 meters

Therefore, the distance of Lightning from Nita is 1360 meters.

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