Answer:
64 cars
Step-by-step explanation:
total number of cars that the parking lot can hold = 8/3 × 24 = 64 cars
The price elasticity of demand of the pen will be -0.2.
<h3>How to compute the elasticity?</h3>
The demand and supply schedule will be:
Price Qd. Qs
$10. 250. 100
$20. 200. 90
$30. 180. 80
The price elasticity of demand from $1 to $2 will be:
= Percentage change in quantity demanded/percentage change in price
Percentage change in quantity demanded will be:
= (200 - 250)/250 × 100
= -20%
Percentage change in price will be:
= (20 - 10)/10 × 100
= 100%
Therefore, the elasticity of demand will be:
= -20/100
= - 0.2
The value gotten illustrates an inelastic demand.
In order to increase the total revenue, the price can be reduced as it will lead to more sales.
Learn more about PED on:
brainly.com/question/21105870
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<u>Complete question:</u>
Choose any product or service. Create the demand and supply schedule.
Calculate just one PED.
Is the demand elastic or inelastic?
What price change would you recommend to increase TR?
<h3>
Answer: 944 dollars for the week</h3>
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Explanation:
He sold $4950 worth of items. Take 12% of this amount to get
12% of 4950 = 0.12*4950 = 594
So he earns $594 in commission on top of the $350 base salary paid every week. In total, he earns 594+350 = 944 dollars for that week
This isn't the per week pay because he would need to sell exactly $4950 worth of goods each week to keep this same weekly pay.
Ur just messing around arent u "همانا " is literally a different language ._.
Correct Question:
Otero translated the phrase "three less than a number" into the expression 3 minus x. Which best describes the accuracy of Otero's expression?.
a. It is accurate. The phrase can be translated as "three" = 3, "less than" = subtraction, and "a number" = X, SO 3- X is
the correct expression.
b. It is inaccurate. Three is being subtracted from a number, so X-3 is what he should have written.
c. It is inaccurate. Three is being compared to a number, so 3 It is inaccurate. Three is being added to a number, so 3+ x is what he should have written.
Answer:
The answer is B because three less than a number means that a 3 is less than some number X meaning three is being subtracted from X. So equation should be X-3 rather than 3-X.
Step-by-step explanation:
