Answer:
g = 6 / 3 x 2
Step-by-step explanation:
g = 6 / 3 x 2 because 92 / 2 = 46. 46 x 3 = 138. so / 3 = 46 x 2 = 92
Answer:
The second expression is the product of the above expressions.....
Answer:
c = 3√5 ≈ 6.708
Step-by-step explanation:
Use the Pythagorean Theorem because this is a right triangle.
a^2 + b^2 = c^2
3^2 + 6^2 = c^2
9 + 36 = c^2
45 = c^2
√45 = c
<u>c = 3√5 ≈ 6.708</u>
20% = 0.20.2 * 1630 = 326
From the given price function, we have;
(a) 
(b) The point elasticity of demand is 0.0256<u>;</u><u> </u><u>i</u><u>nelastic demand</u>
(c) $46.6
(d) Increase
<h3>How can the elasticity of demand be found?</h3>
a. The given function is presented as follows;

Differentiating the above function with a graphing calculator and setting q = 150 gives;

b. The point elasticity of demand is given by the formula;

When q = 150, we have;
P = 50
Which gives;

The point elasticity of demand, <em>E </em>= <u>0.0256</u>
- The <u>demand is inelastic</u> (less than 1) when the quantity demanded is 150 units
c. If the quantity demanded decreases from 150 to 140 units, we have;

Which gives;
p = 46.6
- The price when the quantity demanded decreases to 140 is <u>$46.6</u>
d. Given that increase in price, from 46.6 to 50, increases the quantity demanded from 140 to 150, therefore;
- The manufacturer should<u> increase the price</u>, <em>p </em>to increase the revenue, <em>R</em>.
R = p × q
Learn more about elasticity of demand here;
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