Answer: See Explanation
Step-by-step explanation:
The price elasticity of demand will be calculated as:
q = 860 − 20p.
dq/do = -20
p = 38
Elasticity E(p) = (p/q) × dq/dp
= [38 /(860 - 20p)] × (20)
=38 × 20/(860 - 760)
= 7.6
Therefore, the price elasticity of demand when the price is $38 per orange is 7.6
Revenue = price × quantity
= p × q
= p × (860 − 20p)
= 860p - 20p²
Differentiating with respect to p
= 860 - 40p
40p = 860
p = 860/40
p = 21.50
Maximum Revenue = 860p - 20p²
= 860(21.50) - 20(21.50)²
= 18490 - 9245
= 9245
Answer:
x = 1
Step-by-step explanation:
Given
1000x = 1000 ( divide both sides by 1000 )
x = 
= 1
Answer:
The slope of line 1 is: 2
Does line one have a negative of positive slope: Positive
The slope of line 2 is: -1/2
Does line two have a negative of positive slope: Negative
Answer:
$288
Step-by-step explanation:
12% monthly
144% yearly.
100*1.44*2 = all
all = 288
Hope this helps plz hit the crown :D
Answer:
441
Step-by-step explanation:
If you put the numbers in order biggest to smallest you can get the answer by what i mean was that you have to add the numbers that are addition first then minus 0 last
