G/L=1000*g/mL, since 1 mL = 1/1000 of a litre.
<span>Therefore, 150g/L=150 000 g/mL.</span>
The price elasticity of demand of the pen will be -0.2.
<h3>How to compute the elasticity?</h3>
The demand and supply schedule will be:
Price Qd. Qs
$10. 250. 100
$20. 200. 90
$30. 180. 80
The price elasticity of demand from $1 to $2 will be:
= Percentage change in quantity demanded/percentage change in price
Percentage change in quantity demanded will be:
= (200 - 250)/250 × 100
= -20%
Percentage change in price will be:
= (20 - 10)/10 × 100
= 100%
Therefore, the elasticity of demand will be:
= -20/100
= - 0.2
The value gotten illustrates an inelastic demand.
In order to increase the total revenue, the price can be reduced as it will lead to more sales.
Learn more about PED on:
brainly.com/question/21105870
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<u>Complete question:</u>
Choose any product or service. Create the demand and supply schedule.
Calculate just one PED.
Is the demand elastic or inelastic?
What price change would you recommend to increase TR?
Answer:
The answer is B
the shaded part is below which signifies a less than sign
so you can cross out options A and C
now make y=0
for option B, it will give √Xless than or equal to √4
for option D, it will give √4 less than or equal to √x
to bring √x to the other side, the inequality sign will change to greater than
Therefore the answer is B
This is complicated because I’m typing on a phone, but
24:30 simplified is 4:5
30:54 simplified is 5:9
10:5 simplified is 2:1
5:15 simplified is 1:3
32:72 simplified is 4:9
72:104 simplified is 9:13
56:7 simplified is 8:1
7:63 simplified is 1:9
Answer:
55 days
Step-by-step explanation:
Given
Jim ran 15 miles in 5 days
no. of miles ran in 5 days = 15 miles
dividing LHS and RHS by 5
no. of miles ran in 5/5(=1) days = 15/5 miles = 3 miles
no. of miles ran in 1 day = 3 miles
let the no. of days taken to run 165 miles be x ----A
No of miles ran in x days = x*no. of miles ran in 1 day = 3x miles
thus, From A
3x = 165
x = 165/3 = 55
Thus, it took 55 days for JIM to run 165 miles
