Answer: (B) The price elasticity of demand for good Z = 0.86
Step-by-step explanation:
The formula for determining elasticity of demand by using the midpoint method is
(Q2 - Q1)/[(Q2 + Q1)/2] / (P2 - P1)/[(P2 + P1)/2]
Where
P1 is the initial price of the item.
P2 is the final price of the item.
Q1 is the initial quantity demanded for the item.
Q2 is the final quantity demanded for the item.
From the information given,
P1 = 10
P2 = 15
Q1 = 85
Q2 = 60
The price elasticity of demand for good Z = (60 - 85)/[(60 + 85)/2] / (15 - 10)/[(15 + 10)/2]
= (-25/72.5) / (5/12.5) = -25/72.5 × 12.5/5
= - 312.5/362.5 = - 0.86
Answer:this is an absolute value function is there more to the question
Step-by-step explanation:
Answer:
V ≈ 2011 cm³
Step-by-step explanation:
The volume (V) of a cylinder is calculated as
V = area of base × perpendicular height
V = πr²h ( r is the radius and h the height )
Here r = 8 and h = 10, thus
V = π × 8² × 10
= π × 64 × 10 = 640π ≈ 2011 cm³ ( to nearest whole number )
Answer:
27
Step-by-step explanation:
3/4*36=27
therefore the answer is
27
Answer:
B
Step-by-step explanation:
First you find the amount of people at the reunion which was 80. Then you find 25% of 80. 25% of 80 is 20. The only age group with 20 people is the 20-29 year olds.
