1/4 (a) = (2/3)
a = (2/3) * (4)
a=8/3
a= 2 2/3
(x1, y1) = (3,8)
(x2, y2) = (1,0)
Let t be the number of tolls they crossed.
Amount they spent at each toll = $1.75.
Amount they spent at gas station = $28.
Let C be the total amount they spent on gas and tolls.
If they crossed 1 toll, then
C = 28 + 1.75(1).
If they crossed 3 tolls, then,
C = 28 + 1.75(3)
If they crossed t tolls, then,
C = 28 + 1.75t
Here, the terms are 28 and 1.75t and the factors are 1.75 and t.
Answer:
Step-by-step explanation:
ratio of 216 : 64
bigger is 20 inches
so divide 20 by 216... to find the unit.. then multiply that by 64 to find the size of the other
20/216 = 0.0925925
0.0925925 * 64 =5.9259"
so about 6 inches
and Hi :D
The price elasticity of demand of the pen will be -0.2.
<h3>How to compute the elasticity?</h3>
The demand and supply schedule will be:
Price Qd. Qs
$10. 250. 100
$20. 200. 90
$30. 180. 80
The price elasticity of demand from $1 to $2 will be:
= Percentage change in quantity demanded/percentage change in price
Percentage change in quantity demanded will be:
= (200 - 250)/250 × 100
= -20%
Percentage change in price will be:
= (20 - 10)/10 × 100
= 100%
Therefore, the elasticity of demand will be:
= -20/100
= - 0.2
The value gotten illustrates an inelastic demand.
In order to increase the total revenue, the price can be reduced as it will lead to more sales.
Learn more about PED on:
brainly.com/question/21105870
#SPJ1
<u>Complete question:</u>
Choose any product or service. Create the demand and supply schedule.
Calculate just one PED.
Is the demand elastic or inelastic?
What price change would you recommend to increase TR?
