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
Step-by-step explanation:
The outer angle at the top C of the ABC is 112 °. If the bisector of the side AB intersects the side AC at point Q and the segment BQ is perpendicular to AC, find the magnitude of ABC
Answer:
To make a profit of at least $500 she must sell at least 12 necklaces
Step-by-step explanation:
Joyce rented a booth at a carnival at a cost of $95 to sell handmade beaded necklaces. The cost of making and packaging each beaded necklace was $15. If Joyce sells the beaded necklaces at $35 each then we have to find beaded necklaces she sell to make a profit of at least $500.
The costs side of the equation, we have:
Let no. of necklaces that she sell are x
∴ The cost of making and packaging x beaded necklace is $15x
Total Cost = 95+15x
Now, Joyce sells the beaded necklaces at $35 each. Therefore, selling price will be $35x
To make a profit of at least $500 the equation can be written as
⇒ 
Hence, to make a profit of at least $500 she must sell at least 12 necklaces
The answer is 114 just divide 228 by 2
25/5=5 5•5=25 there should be a button ur calculator too
