The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.
<h3>How to calculate price elasticity</h3>
Change in price of gummy bears = $2. 60 to $3
Elasticity of demand of sugar-free gummy bears =
[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]
= [-18/166] / [0.4/2.8]
= -0.10843373493975 / 0.14285714285714
= - 0.75903614457826
Approximately, -0.8
Elasticity of demand of regular gummy bears:
Sugar free = [(273-379) / (273+379)/2] ÷ (3.00 +2.60) / 2]
= [-106/326] / [0.4/2.8]
= -0.32515337423312 / 0.14285714285714
= -2.2760736196318
Approximately, -2.3
Learn more about price elasticity:
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Using the binomial distribution, it is found that there is a:
- 0.0036 = 0.36% probability that both are allergic to pollen.
- 0.1164 = 11.64% probability that at least one is allergic to pollen.
<h3>What is the binomial distribution formula?</h3>
The formula is:


The parameters are:
- x is the number of successes.
- n is the number of trials.
- p is the probability of a success on a single trial.
Researching the problem on the internet, it is found that:
- 6% of the population is allergic to pollen, hence p = 0.06.
- Two people are chosen at random, hence n = 2.
The probability that both are allergic is P(X = 2), hence:
P(X = 2) = 0.06^2 = 0.0036.
0.0036 = 0.36% probability that both are allergic to pollen.
The probability of at least one is:
P(X >= 1) = 1 - P(X = 0) = 1 - 0.94^2 = 1 - 0.8836 = 0.1164.
0.1164 = 11.64% probability that at least one is allergic to pollen.
More can be learned about the binomial distribution at brainly.com/question/24863377
Answer:
Business attire is correct
Answer:
1500 N
Explanation:
Weight = mg = 150 kg * 10 m/s^2
Weight = 1500 N