The equation would be 14x+2=t......
Breakdown: 14 times X (the number of tickets purchased) plus the one time processing fee of 2 dollars will equal T (the total)
Answer:
Demand is inelastic at p = 9 and therefore revenue will increase with
an increase in price.
Step-by-step explanation:
Given a demand function that gives <em>q</em> in terms of <em>p</em>, the elasticity of demand is

- If E < 1, we say demand is inelastic. In this case, raising prices increases revenue.
- If E > 1, we say demand is elastic. In this case, raising prices decreases revenue.
- If E = 1, we say demand is unitary.
We have the following demand equation
; p = 9
Applying the above definition of elasticity of demand we get:

where
- p = 9
- q =



Substituting the values


Demand is inelastic at p = 9 and therefore revenue will increase with an increase in price.
8/29. Please vote my answer brainliest! Thanks.
Answer:
80 miles
Step-by-step explanation:
Speed is 30 miles/hour
Time is 2 hours 40 minutes or 2 2/3 hours or 8/3 hours
Distance is speed x times
so distance is 30 x 8/3 = 80 miles