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MA_775_DIABLO [31]
3 years ago
7

Suppose that in the market for ice cream the elasticity of supply is equal to 1.50. How would a 10% increase in the price of ice

cream affect the quantity of ice cream supplied?
Mathematics
1 answer:
Dmitriy789 [7]3 years ago
5 0

The quantity will decline by 15%.

<u>Step-by-step explanation:</u>

Elasticity of Demand = % Change in quantity / % Change in price

ð 1.50 = % change in quantity / 10

ð Percentage change in quantity = 15%

Percentage change in quantity shows an inverse relation with respect to the percentage change in price. In this case of ice-cream, a 10% jump in the price will result the quantity to fall by 15%.

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A stockbroker has money in three accounts. The interest rates on the three accounts are 7%, 8%, 9%. If she has twice as much mon
Sveta_85 [38]

Answer:

x=amount invested at 7%

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interest=principal*rate*time (time=1 year)

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Step-by-step explanation:

5 0
2 years ago
Hello there!
otez555 [7]

Answer:

24  Domain: s>=2  or s<=-2

25. 3x^2 +14x +10

26. x^2 -2x+5  

Step-by-step explanation:

24.  Domain is the input or s values

square roots must be greater than or equal to zero

s^2-4 >=0

Add 4 to each side

s^2 >=4

Take the square root

s>=2  or s<=-2


25.  f(g(x))  stick g(x) into f(u) every place you see a u

f(u) = 3u^2 +2u-6

g(x) = x+2

f(g(x) = 3(x+2)^2 +2(x+2) -6

Foil the squared term

       = 3(x^2 +4x+4) +2x+4-6

Distribute

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Combine like terms

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26 f(g(x))  stick g(x) into f(u) every place you see a u

f(u) = u^2+4

g(x) = x-1

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Foil the squared term

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7 0
3 years ago
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ale4655 [162]

Answer:

$3.60.

Step-by-step explanation:

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7 0
3 years ago
Read 2 more answers
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