Answer:
0.18
Step-by-step explanation:
Given that:
P₁ = $10, P₂ = $20
From the tables Q₁ = 900, Q₂ = 800
Using midpoint method:
Percentage change in quantity = 
Percentage change in price =

Price of elastic demand = Percentage change in quantity/ Percentage change in price = -11.76% / 66.67% = 0.18
The Price of elastic demand is positive because we took the absolute value and elasticity are always positive
Therefore since Price of elastic demand < 1, the demand is inelastic in this interval.
This means that, along the demand curve between $10 to $20, if the price changes by 1%, the quantity demanded will change by 0.18%. A change in the price will result in a smaller percentage change in the quantity demanded. For example, a 10% increase in the price will result in only a 1.8% decrease in quantity demanded and a 10% decrease in the price will result in only a 1.8% increase in the quantity demanded
Answer:
19 = x
Step-by-step explanation:
The square of the tangent segment = The product of (whole secant segment) (the outside part of the secant segment)
BD²= (BA)(BE)
8² = (4 + x - 7) (4) BA = BE + EB
8² = (x - 3)(4)
64 = 4x - 12
64 + 12 = 4x
76 = 4x
19 = x
5x-1=2x+3
subtract 2x from both sides.
3x-1=3
add 1 to both sides.
3x=4
3/4 is .75
answer is 3/4
Answer:
Step-by-step explanation:
11904762\42 =283,446.7 houses per hour