Simplify
- $$y ^ { - 1 / 7 } \cdot y ^ { 5 / 14 }$$

question 54

Multiple Choice

Simplify.
- $$y ^ { - 1 / 7 } \cdot y ^ { 5 / 14 }$$

• A) \(\mathrm { y } ^ { - 5 / 98 }\)
• B) \(y ^ { 2 / 21 }\)
• C) \(y ^ { 3 / 14 }\)
• D) \(y ^ { 2 / 14 }\)

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Definitions:

Elastic Demand

A situation in which demand for a product or service is sensitive to price changes, meaning a small change in price can lead to a significant change in quantity demanded.

Revenue Generation

The process of creating income for a business or organization through various means such as sales, services, or investments.

Lower Fares

Reduced charges for services, particularly in transportation, such as airfares or bus tickets, making travel more affordable.

Elastic Demand

A condition where the quantity demanded of a good or service changes significantly as its price changes.