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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Hi Mickey Mouse
Misca Musca Mickey Mouse
It’s the Mickey Mouse clubhouse
The length of the third side of the triangle will be 4 centimeters if it is a right-angled triangle.
<h3>What is a triangle?</h3>
A triangle is a geometric shape having three sides and the area is equal to 270 degrees. A right angle triangle is one where the angle of one side is exactly 90 degrees.
If two sides measure 3 and 5 centimeters, the triangle will have a right angle if the third side measures around 4 centimeters.
Hence, the third side of the triangle will be 4 centimeters.
Learn more about triangle here:
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The run number is an index to complete factory records on exactly how a specific sheet of laminate was produced. If you have a technical service problem to be solved by the Product Quality Laboratory, provide the run number for the problem material.
