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liraira [26]
3 years ago
9

if the quanity demanded of soda decreases by 5 percent when the price of soda rises by 100 percent what is the price elasticity

of demand for soda
Mathematics
1 answer:
vodomira [7]3 years ago
6 0
Price elasticity of demand is calculated as the ratio of change in demand to the ratio of change in price. So if the demand changes -5% when the price changes 100%, the PED = -5% / 100% = -0.05. Most good have a PED < 0, since demand typically decreases when the price is increased.
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How to solve 18.912=2.4p
Afina-wow [57]

Answer:

p = 21.312

Step-by-step explanation:

Divide 2.4 on both sides.

p = 21.312

Hope this helped!

6 0
3 years ago
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Please help me answer this question​
sukhopar [10]

Answer:

her first mistake was on line 3.

line 1: 80 + [2(3 1/2 + 1 1/2)]

line 2: 80 + [2(5)]

line 3: 80 + 10

line 4: 90

Step-by-step explanation:

on line 3 she added 80 + 2, but she should have multiplied 2 by 5. the correct steps would be:

line 1: 80 + [2(3 1/2 + 1 1/2)]

line 2: 80 + [2(5)]

line 3: 80 + 10

line 4: 90

4 0
3 years ago
What is the geometric mean of 3 and 24?​
Contact [7]

Answer:

for GM, you find out the square root of the product of the numbers provided.

= \sqrt{3 \times 24}  \\  =  \sqrt{72} \\  = 6 \sqrt{2}

since 72 can be broken down into the product of 36 and 2. 6 being the square root of 36 comes out, leaving 2 behind.

7 0
3 years ago
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Instructions: Write the equation of the line in Point-Slope Form given the information below. Hint: The y-intercept is the
tekilochka [14]

Answer:

<h2>           y - 2 = -⁶/₅x</h2>

Step-by-step explanation:

The point-slope form of the equation of the line passing point <em>(x₁, y₁)</em> and with the slope of <em>m</em> is:  y - y₁ = m(x - x₁)

m = -⁶/₅

Y-Intercept = 2  ⇒  point (0, 2)  ⇒  x₁ = 0,  y₁ = 2

Point-Slope Form:  <u>  y - 2 = -⁶/₅(x - 0)</u>

4 0
3 years ago
If JK and LM are congruent and parallel, then JKL and MLK are congruent.<br> True<br> False
Alex787 [66]

Answer:

TRUE

Step-by-step explanation:

Given that line segment JK and LM are parallel. From picture we see that LK is transversal line.

We know that corresponding angles formed by transversal line are congruent.

Hence ∠JKL = ∠ MLK ...(i)

Now consider triangles JKL and MLK

JK = LM  {Given}

∠JKL = ∠ MLK { Using (i) }

KL = KL  {common sides}

Hence by SAS property of congruency of triangles, ΔJKL and ΔMLK are congurent.

Hence given statement is TRUE.

5 0
3 years ago
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