Divide: 34

question 9

Multiple Choice

Divide: 34.72 by 4.7.The quotient expressed to the correct number of significant figures is

• A)0.14
• B)0.1
• C)7.39
• D)7.4

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Definitions:

Perfectly Inelastic

A situation where quantity demanded or supplied does not change in response to any price change.

Industry Supply

The total quantity of a product or service that all firms in a particular market or industry are willing and able to sell at various price levels.

Increase in Demand

A situation where more consumers are willing and able to purchase a good or service at each possible price, leading to a shift in the demand curve to the right.

Government Raise

An increase in government revenue, often achieved through raising taxes or adjusting fiscal policies, to support government spending.