The increase in price would increase the annual pass revenue of the museum.
<h3>What is the effect of the increase in price on the annual pass revenue?</h3>
In order to determine the effect the increase in price would have on revenue, we have to examine the elasticity of demand of the museum pass.
The point elasticity is 0.62. This means that demand is inelastic. This means that when price increases, there would be little or no change in the quantity demanded. As a result, revenue would increase.
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
Answer:
Upper bound for distance = 100.49. This is the highest number that you can round up to get 10.52.
Lower bound for time = 10.515 seconds. This is the lowest number that you can round up to get 10.52.
Upper bound for average speed = Upper bound for distance divided by upper bound for time.
100.49/10.5249 = 9.548 seconds.
Lower bound for average speed = Lower bound for distance divided by lower bound for time.
99.5 / 10.515 = 9.463 seconds.
Step-by-step explanation:
Hope this helps you out.
Answer:
Its 30000000
Step-by-step explanation:
Just multiply 1 and 3 and just add the zeros.
9514 1404 393
Answer:
$2,104.33 at the beginning of the month, or
$2,111.35 at the end of the month
Step-by-step explanation:
The amount you can withdraw at the end of the month is given by the annuity formula ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where principal P is earning annual rate r for t years
A = $400,000(0.04/12)/(1 -(1 +0.04/12)^(-12·25)) ≈ $2,111.35
If the withdrawal is at the beginning of the month, then the amount is less by a factor of (1+0.04/12) ≈ 1.003333. It will be $2,104.33.
It would be a right scalene triangle.
hope this helped :)