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goldfiish [28.3K]
3 years ago
11

The price of cookies was increased from $4 to $5, the quantity demanded by stores went down 50%, what is price elasticity of dem

and?
Mathematics
1 answer:
Ede4ka [16]3 years ago
7 0
Assume the normal quantity of cookies is x.

The demanded quantity by the stores now:
0.5x
The previous cost is: $4 * 0.5x = $2x

The cost of demanded quantity by the stores now: $5 * 0.5x = $2.5x

The price elasticity of demand: $2.5x - $2x = $0.5x

Hope that helps you
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BASKETBALL After Game 1, Felicia had scored 14 points. After Game 5, she had scored a total of 82 points for the season. After G
Stella [2.4K]

Let  p represents the number of points scored in n number of games.

So, the graph, the number of games, n is on the horizontal axis and the points scored, p, is on the vertical axis.

After Game 1, the point scored is 14,

so, the first point, P_1, on the graph is

P_1=(1,14)

After Game 5, the point scored is 82,

so, the second point, P_2, on the graph is

P_2=(5,82).

After Game 10, the point scored is 129,

so, the second point, P_2, on the graph is

P_2=(10,129)

First, represent all the three points, P_1, P_2 and P_3, on the graph, then connect P_1- P_2 and P_2 - P_3 as shown in the figure.

4 0
3 years ago
Each week your parents give you $5.25 for doing chores. After saving your money for
Naya [18.7K]

Answer:

$49.55

Step-by-step explanation:

multiply 5.25 by 12 then subtract thetnumber by 13.45

3 0
3 years ago
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At rolling hills middle school, the ratio of the total number of students to the number of students with pets is 3 to 1. If ther
Roman55 [17]
3/1 = 243/x
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5 0
3 years ago
Which statements are true? Check all that apply.
Basile [38]

Answer:

True, 1, 3, 5

Step-by-step explanation:

1. Angle L is sircumsribed angle, thenMJ⊥JL and MK⊥KL, so the measure of the angle L is

360°-131°-90°-90°=49° (the sum of all interior angles in the quadrilateral is 360°)

True

2. False, because m∠L=49°.

3. If the measure of arc HJ is 98°, then the measure of the central angle HMJ is 98°.

True

4. If the measure of arc HJ is 98°, then the measure of the central angle HMJ is 98° and the meausre of inscribed angle HKJ subtended on the arc HJ is half of the central angle measure and is equal to 49°.

False

5. If the measure of arc HJ is 98°, then the measure of the arc HK is

360°-131°-98°=131°

True

7 0
3 years ago
Read 2 more answers
Adam put $100 in a savings account. After 10 years, he had $1649 in the
Leno4ka [110]

Step-by-step explanation:

hihi, so this is a classic interest rate problem. It's not too bad if you know your properties of e and ln. After establishing the base equation you can divide by 100 then take the natural log of both sides to "get rid" of the e and finally end it by dividing by 10 to isolate r.

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