Answer:
Its the third one
Step-by-step explanation:
its the only negative one
Answer:
0.18
Step-by-step explanation:
Given that:
P₁ = $10, P₂ = $20
From the tables Q₁ = 900, Q₂ = 800
Using midpoint method:
Percentage change in quantity = 
Percentage change in price =

Price of elastic demand = Percentage change in quantity/ Percentage change in price = -11.76% / 66.67% = 0.18
The Price of elastic demand is positive because we took the absolute value and elasticity are always positive
Therefore since Price of elastic demand < 1, the demand is inelastic in this interval.
This means that, along the demand curve between $10 to $20, if the price changes by 1%, the quantity demanded will change by 0.18%. A change in the price will result in a smaller percentage change in the quantity demanded. For example, a 10% increase in the price will result in only a 1.8% decrease in quantity demanded and a 10% decrease in the price will result in only a 1.8% increase in the quantity demanded
Answer:
1350
Step-by-step explanation:
use binomial general term expression for (r+1)th term
get the power of x in terms of r.
equate the expression to -2 and solve for r.
replace value of r and calculate the coefficient.
Answer: 15 cases
Step-by-step explanation:
1 gallon = 4 quarts
Hence from 30 gallon oil drum, 30 x 4 = 120 quart-size bottles can be filled.
One case will pack 8 quart size bottles.
Hence number of cases = 120/8 = 15 cases