Answer: Percentage change in quantity would decrease by 12.5%.
Step-by-step explanation:
Since we have given that
Price elasticity of demand = -0.8
Price of each unit = $100
After change, price of each unit becomes = $110
% change in quantity would be
![\dfrac{New-old}{old}\times 100=\dfrac{110-100}{100}\times 100=10\%](https://tex.z-dn.net/?f=%5Cdfrac%7BNew-old%7D%7Bold%7D%5Ctimes%20100%3D%5Cdfrac%7B110-100%7D%7B100%7D%5Ctimes%20100%3D10%5C%25)
As we know the relation between price, quantity and elasticity.
![e_D=\dfrac{\text{\% change in quantity}}{\text{\%change in price}}\\\\-0.8=\dfrac{10\%}{x}\\\\x=\dfrac{10}{-0.8}\\\\x=-12.5\%](https://tex.z-dn.net/?f=e_D%3D%5Cdfrac%7B%5Ctext%7B%5C%25%20change%20in%20quantity%7D%7D%7B%5Ctext%7B%5C%25change%20in%20price%7D%7D%5C%5C%5C%5C-0.8%3D%5Cdfrac%7B10%5C%25%7D%7Bx%7D%5C%5C%5C%5Cx%3D%5Cdfrac%7B10%7D%7B-0.8%7D%5C%5C%5C%5Cx%3D-12.5%5C%25)
Hence, Percentage change in quantity would decrease by 12.5%.
Answer:
??
Step-by-step explanation:
Answer:
f (x) = a(x - h)2 + k, where (h, k) is the vertex of the parabola. ... When written in "vertex form": • (h, k) is the vertex of the parabola, and x = h is the axis of symmetry.
Answer:
![x=1](https://tex.z-dn.net/?f=x%3D1)
Step-by-step explanation:
Remember:
![(\sqrt[n]{a})^n=a\\\\(a+b)=a^2+2ab+b^2](https://tex.z-dn.net/?f=%28%5Csqrt%5Bn%5D%7Ba%7D%29%5En%3Da%5C%5C%5C%5C%28a%2Bb%29%3Da%5E2%2B2ab%2Bb%5E2)
Given the equation
, you need to solve for the variable "x" to find its value.
You need to square both sides of the equation:
![(\sqrt{17-x})^2=(x+3)^2](https://tex.z-dn.net/?f=%28%5Csqrt%7B17-x%7D%29%5E2%3D%28x%2B3%29%5E2)
![17-x=(x+3)^2](https://tex.z-dn.net/?f=17-x%3D%28x%2B3%29%5E2)
Simplifying, you get:
![17-x=x^2+2(x)(3)+3^2\\\\17-x=x^2+6x+9\\\\x^2+6x+9+x-17=0\\\\x^2+7x-8=0](https://tex.z-dn.net/?f=17-x%3Dx%5E2%2B2%28x%29%283%29%2B3%5E2%5C%5C%5C%5C17-x%3Dx%5E2%2B6x%2B9%5C%5C%5C%5Cx%5E2%2B6x%2B9%2Bx-17%3D0%5C%5C%5C%5Cx%5E2%2B7x-8%3D0)
Factor the quadratic equation. Find two numbers whose sum be 7 and whose product be -8. These are: -1 and 8:
![(x-1)(x+8)=0](https://tex.z-dn.net/?f=%28x-1%29%28x%2B8%29%3D0)
Then:
![x_1=1\\x_2=-8](https://tex.z-dn.net/?f=x_1%3D1%5C%5Cx_2%3D-8)
Let's check if the first solution is correct:
![\sqrt{17-(1)}=(1)+3](https://tex.z-dn.net/?f=%5Csqrt%7B17-%281%29%7D%3D%281%29%2B3)
(It checks)
Let's check if the second solution is correct:
![\sqrt{17-(-8)}=(-8)+3](https://tex.z-dn.net/?f=%5Csqrt%7B17-%28-8%29%7D%3D%28-8%29%2B3)
(It does not checks)
Therefore, the solution is:
![x=1](https://tex.z-dn.net/?f=x%3D1)