Answer:
Price elasticity of demand = 1
Step-by-step explanation:
Old quantity demanded = 200
New quantity demanded = 150
Old price = 8
New price = 10
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded = change in quantity demand / old demand × 100
= 50/200 × 100
= 0.25 × 100
= 25%
percentage change in price = change in price / old price × 100
= 2/8 × 100
= 0.25 × 100
= 25%
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
= 25% / 25%
= 1
Price elasticity of demand = 1
Answer:
<u>x=10</u>
Let's solve your equation step-by-step:
4x+40=80
<em>Step 1: Subtract 40 from both sides</em>
4x+40−40=80−40
4x=40
<em>Step 2: Divide both sides by 4</em>
4x/4=40/4
Answer:
<u>x=10</u>
Answer:
r = - 
Step-by-step explanation:
Given that r varies inversely as t , then the equation relating them is
r = 
← k is the constant of variation
To find k use the condition t = - 6 when r = - 2, then
- 2 = 
( multiply both sides by - 6 )
12 = k, thus
r = 
← equation of variation
when t = - 7, then
r = 
= -
The cost price of the item should be 32 dollars IM SORRY IF WRONG. Have a good day
Answer: it is either A or B im leaning more to B..im so sorry if im worng.
Step-by-step explanation:
Have a good day! :) ^-^ ❤️
