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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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Which expression represents 10 times the sum of 2 and 1?
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The expression would be

10(2+1)

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Tim Worker decided to purchase a new DVD player on an installment loan. The DVD player was $295.00. Tim agreed to pay $31.00 per
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grace and her friends were to roll the two dice 100 times, how many of the 100 times could they expect to roll the same number o
LenaWriter [7]

Answer:

The probability of both dice having the same number is 636, as there are 36 different outcomes, 6 of which have two of the same number, i.e. (1,1),(2,2),....

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Given the quadratic function y=5x^2−2x identify a, b and c.
saw5 [17]
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What is 3/2=9/10k im having troble lots rly
tigry1 [53]

Answer:

k=  5 over 3  =1.667

Step-by-step explanation:

Rearrange the equation by subtracting what is to the right of the equal sign from both sides of the equation :

                    (3)/(2)-((9)/(10)*k)=0

simplify 9/10

 3      9

 — -  (—— • k)  = 0  

 2     10

simplify 3/2

 3    9k

 — -  ——  = 0  

 2    10

   Find the Least Common Multiple

     The left denominator is :       2  

     The right denominator is :       10

Least Common Multiple:

     10

Calculate multipliers for the two fractions

   Denote the Least Common Multiple by  L.C.M  

   Denote the Left Multiplier by  Left_M  

   Denote the Right Multiplier by  Right_M  

   Denote the Left Deniminator by  L_Deno  

   Denote the Right Multiplier by  R_Deno  

  Left_M = L.C.M / L_Deno = 5

  Right_M = L.C.M / R_Deno = 1

Rewrite the two fractions into equivalent fractions

Two fractions are called equivalent if they have the same numeric value.

For example :  1/2   and  2/4  are equivalent,  y/(y+1)2   and  (y2+y)/(y+1)3  are equivalent as well.

To calculate equivalent fraction , multiply the Numerator of each fraction, by its respective Multiplier.

  L. Mult. • L. Num.      3 • 5

  ——————————————————  =   —————

        L.C.M              10  

  R. Mult. • R. Num.      9k

  ——————————————————  =   ——

        L.C.M             10

Adding up the two equivalent fractions

Add the two equivalent fractions which now have a common denominator

Combine the numerators together, put the sum or difference over the common denominator then reduce to lowest terms if possible:

3 • 5 - (9k)     15 - 9k

————————————  =  ———————

     10            10  

Pull out like factors :

  15 - 9k  =   -3 • (3k - 5)

-3 • (3k - 5)

 —————————————  = 0  

      10      

When a fraction equals zero ...

Where a fraction equals zero, its numerator, the part which is above the fraction line, must equal zero.

Now,to get rid of the denominator, Tiger multiplys both sides of the equation by the denominator.

Here's how:

 -3•(3k-5)

 ————————— • 10 = 0 • 10

    10    

Now, on the left hand side, the  10  cancels out the denominator, while, on the right hand side, zero times anything is still zero.

The equation now takes the shape :

  -3  •  (3k-5)  = 0

Solve :    -3   =  0

This equation has no solution.

A a non-zero constant never equals zero.

Solve  :    3k-5 = 0  

Add  5  to both sides of the equation :  

                     3k = 5

Divide both sides of the equation by 3:

                    k = 5/3 = 1.667

one solution was found

k = 5/3 = 1.667

hope it helps sry its so long

7 0
3 years ago
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