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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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The measures in degrees of the three angles of a triangle are given by 2x+1, 3x - 3 , and 9x. what is the measure of the smalles
olganol [36]
The answer would be b. 27
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The Ford family decides they want to go see a movie at the local movie theater. The family consists of two adults, and five chil
Brrunno [24]

Ford Family consists of:

a) 2 adults

The price of ticket for each adult is $18.55. This can be approximated to $19 if we round it to nearest dollar. So the price of ticket for 2 adults will be 2 x 19 = $38

b) 3 children between ages 2 and 10.

Ticket for each child between ages 2 - 10 is $12.59 which can be approximated to $13. So ticket price for 3 children will be 3 x 13 = $39

c) 2 children below the age of 2.

Ticket price for each child is $6.54 which can approximated as $7. So ticket price for 2 children will be 2 x 7 = $14

The estimated total amount due on the family equals = 38 + 39 + 14 = $91

In each of the 3 cases we rounded up the values. So this means the actual amount must be slightly lesser than $91. The actual bill was $87.95 which is close to $91 and lesser than it. Hence we can conclude that $87.95 is the correct amount due for Ford Family.

3 0
3 years ago
You wonder how many cars there are in your area. You call up the Ford dealership and ask how many Fords they’ve sold. They repor
SVETLANKA909090 [29]
If we take 1200 as the 100%, how much percentage is 700 of it?

well \bf \begin{array}{ccllll}
amount&\%\\
\textendash\textendash\textendash\textendash\textendash\textendash&\textendash\textendash\textendash\textendash\textendash\textendash\\
1200&100\\
700&x
\end{array}\implies \cfrac{1200}{700}=\cfrac{100}{x}\implies x=\cfrac{700\cdot 100}{1200}
\\\\\\
x=\cfrac{175}{3}

so, (175/3)% or roughly 58.3%

now, how much is (175/3)% of 15000 ?
well, if we take 15000 as the 100%
then   \bf \begin{array}{ccllll}
amount&\%\\
\textendash\textendash\textendash\textendash\textendash\textendash&\textendash\textendash\textendash\textendash\textendash\textendash\\
15000&100\\
x&\frac{175}{3}
\end{array}\implies \cfrac{15000}{x}=\cfrac{100}{\frac{175}{3}}
\\\\\\
\cfrac{15000\cdot \frac{175}{3}}{100}=x\implies \cfrac{5000\cdot 175}{100}=x
6 0
3 years ago
Select the three ratios that represent the number of red cars to blue cars.
Lorico [155]

Three ratios that represent the number of red cars to blue cars are

2 : 3

6 : 9

8 : 12

\texttt{ }

<h3>Further explanation</h3>

<u>Given:</u>

Number of Red Cars = 4

Number of Blue Cars = 6

<u>Asked:</u>

Ratio = ?

<u>Solution:</u>

<em>Let:</em>

<em>Number of Red Cars = R</em>

<em>Number of Blue Cars = B</em>

The ratio that represent the number of red cars to blue cars is :

R : B = 4 : 6

We can find other ratio by dividing or multiplying the above comparison with the same number :

R : B = (4/2) : (6/2) = 2 : 3

R : B = (4 \times 2) : (6 \times 2) = 8 : 12

R : B = (4 \times \frac{3}{2}) : (6 \times \frac{3}{2}) = 6 : 9

\texttt{ }

<h3>Conclusion:</h3>

Three ratios that represent the number of red cars to blue cars are:

  • 2 : 3
  • 6 : 9
  • 8 : 12

\texttt{ }

<h3>Learn more</h3>
  • The LCM and HCF : brainly.com/question/420337
  • A car’s service book  : brainly.com/question/422755
  • Verify that HCF × LCM = product of two numbers : brainly.com/question/10942748

<h3>Answer details</h3>

Grade: College

Subject: Mathematics

Chapter: Ratio

Keywords: Lower , Common , Multiple , Highest , Ratio , Proper , Jar , Pickles , Patties , Buns  

4 0
3 years ago
Read 2 more answers
Use complete sentences to describe why Set A = { X | X is an even whole number between 0 and 2} = No solution/or empty set.
Inessa05 [86]
A = {1}
(conjunto unitário)
5 0
3 years ago
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