Evaluate the Expression $$( - 675 ) \div 75$$ A) 9
B)

question 143

Multiple Choice

Evaluate the expression.
- $$( - 675 ) \div 75$$

• A) 9
• B) \(- 19\)
• C) \(- 9\)
• D) \(- \frac { 1 } { 9 }\) )

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Definitions:

Price Elasticity

An indicator of the sensitivity of demand for a product to variations in its price.

Relatively Inelastic

Describes a demand characteristic where a change in price leads to a smaller proportionate change in quantity demanded.

Excise Tax

A tax levied on specific goods, services, or transactions, often imposed on items such as alcohol, tobacco, and gasoline.

Price-Elastic Demand

The characteristic of demand for a good indicating that a change in price results in a relatively larger change in the quantity demanded.