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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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What is the product of 3 1/5 and 5/8. Use complete sentences in your answer.
vesna_86 [32]
The product of 3 1/5 and 5/8 is 2.
5 0
3 years ago
(2.5 x 104) * (8 x 10) =
Romashka-Z-Leto [24]

Answer:

20,800

Step-by-step explanation:

4 0
2 years ago
Read 2 more answers
In a lottery game, a player picks six numbers from 1 to 27. If the player matches all six numbers, they win 40,000 dollars. Othe
Alexus [3.1K]

Answer:

We conclude that  expected value of this game is -0.865$.

Step-by-step explanation:

We know that in a lottery game, a player picks six numbers from 1 to 27.

We know that

C_6^{27}=296010

As there is only one advantageous combination, we conclude that the number of non-winning combinations is 296009.

He can win 40,000 dollars.

We calculate:

E(X)=\frac{1}{296010}\cdot 40000\$- \frac{296009}{296010}\cdot 1\$\\\\E(X)=\frac{40000-296009}{296010}\, \$\\\\E(X)=-0.865\, \$

We conclude that  expected value of this game is -0.865$.

7 0
3 years ago
Rectangular prism A measures 2 inches by 7 inches by 8 inches. Rectangular prism B measures 1 inches by 5 inches by 10 inches.
satela [25.4K]

The Volume for Rectangular prism A is 172 inches², Volume = 112 inches³

Surface Area to Volume Ratio = 43/28

<h3>Mensuration of Solids</h3>

Given Data

Rectangular prism A

Length = 2 inches

Width = 7 inches

Height = 8 inches

Surface Area

A=2(wl+hl+hw)

A=2(7*2+8*2+8*7)

A=2(14+16+56)

A= 172 inches²

Volume

Volume = L*W*H

Volume = 2*7*8

Volume = 112 inches³

Surface Area to Volume Ratio

= 172/112

= 43/28

Learn more about Mensuration of Solids here:

brainly.com/textbook-solutions/q-7-composite-figures-use-diagram-backpack-right

#SPJ1

7 0
1 year ago
How can you use 4s fact to find 7x8? Give the product in your explanation.
Mkey [24]
So 4's facts

we know that 4 times 2=8 and the associative property of multiplication says
a(bc)=(ab)c

so 7(8) (means 7 times 8) means 7((4)(2)) and associative say we can group them and say (7)(4)(2) so (4)((7)(2)) or 4(14) and 4 times 14=56

7 times 8=56
7 0
3 years ago
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