Answer:
The graph in the attached figure
Step-by-step explanation:
Let
y------> the total cost
x------> the number of shirts
we know that
The linear equation is
------> equation of the line
To graph the line find the intercepts
The y-intercept is the value of y when the value of x is equal to zero
The x-intercept is the value of x when the value of y is equal to zero
<em>Find the y-intercept</em>
For x=0
The y-intercept is the point (0,4.50)
<em>Find the x-intercept</em>
For y=0
The x-intercept is the point (-3,0)
Plot the intercepts to graph the line
see the attached figure
Answer:
probability that he or she will answer at least 4 problems correctly = 0.5
Step-by-step explanation:
probability that he or she will answer at least 4 problems correctly is given as;
P (at least 4 correctly) = P (exactly 4 correctly) + P (all 5 correctly)
Since there are 10 problems. 4 is from the 7 problems chosen and 1 is from the 3 problems we can't figure out. Thus, P(exactly 4 correctly) = 7C4 x 3C1
Thus, P (at least 4 correctly) = [ (7C4) x (3C1) ] / (10C5)] + [(7C5)/(10C5)]
= [(35 x3)/252 ] + [21/252]
= [ 105/252 ] + [ 21/252 ]
= 126 / 252
= 0.5
Answer:
0.18
Step-by-step explanation:
Given that:
P₁ = $10, P₂ = $20
From the tables Q₁ = 900, Q₂ = 800
Using midpoint method:
Percentage change in quantity = 
Percentage change in price =

Price of elastic demand = Percentage change in quantity/ Percentage change in price = -11.76% / 66.67% = 0.18
The Price of elastic demand is positive because we took the absolute value and elasticity are always positive
Therefore since Price of elastic demand < 1, the demand is inelastic in this interval.
This means that, along the demand curve between $10 to $20, if the price changes by 1%, the quantity demanded will change by 0.18%. A change in the price will result in a smaller percentage change in the quantity demanded. For example, a 10% increase in the price will result in only a 1.8% decrease in quantity demanded and a 10% decrease in the price will result in only a 1.8% increase in the quantity demanded
Yes,<span>the famous </span>geometric construction<span> </span><span> a pair of compasses, an unmarked ruler, and (of course!) a pencil and an </span>eraser<span>.</span>
Can you post a picture please!