40X120=4800
That is your answer.
Do you need an explanation?
Answer:
2.12
Explanation:
PED = % Change in Quantity demanded / % Change in price
✔️Price when quantify demanded was 8:
Substitute Q = 8 into P = 50 - 2Q
Thus:
P = 50 - 2(8)
P = 50 - 16
P = 34
✔️Price when quantify demanded was 12:
Substitute Q = 12 into P = 50 - 2Q
Thus:
P = 50 - 2(12)
P = 50 - 24
P = 26
✔️% change in price = (old price - new price)/old price × 100
Old price = 34
New price = 26
% change in price = (34 - 26)/34 × 100 ≈ 23.53 (2 d.p)
✔️% change in quantity demanded = (old quantity - new quantity)/old quantity × 100
Old quantity = 8
New quantity = 12
% change in quanty demanded = (8-12)/12 × 100 = 50%
✔️ Elasticity (PED) = 50/23.53 = 2.12 (2 d.p)
Answer:Which role in the government of the Roman Republic was similar to that of the president of the United States?
Consuls
The political structure of the Roman Republic consisted of three branches: consuls, the Senate and assemblies. Consuls were the executives of the government, much like the president of the United States.
Explanation:
HERE IS YOUR ANSWER
Answer:
Federalism is a mixed or compound mode of government that combines a general government (the central or "federal" government) with regional governments (provincial, state, cantonal, territorial or other sub-unit governments) in a single political system.
Explanation:
Answer:
The vice president chooses who will be the majority if there is a tie.
Hope this helps :)