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3 years ago

85$ jacket with 40% of price

2 answers:

5 0

Hi,

40% of 85 is 34 I got this by doing 40 x 85 divided by 100= 34

So 85 minus 34 is 51

So $51 is the answer :)

Hope this helps

max2010maxim [7]3 years ago

5 0

$51 is the answer
because 85 x 0.4 = 34 so 85-34=51

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3 years ago

The weekly sales of Honolulu Red Oranges is given by q = 990 − 22p. Calculate the price elasticity of demand when the price is $

elena55 [62]

Answer:

E = -2. The demand is going down by 2% per 1% increase in price at that price level.

The price that gives a maximum revenue is $22.5. The maximum revenue is $9112.5

Step-by-step explanation:

The overall demand formula: Q = aP + b

Q = 990 - 22P

Demand elasticity:

At P = $30, the Q = 990 - 22×30 = 330. a = $\frac{dQ}{dP}$ = -22

The formula for demand elasticity: E = $\frac{dQ}{dP}$ × $\frac{P}{Q}$

Demand elasticity at $30: E = -22 × $\frac{30}{330}$ = -2

So, The demand will be going down by 2% if 1% increase in price.

Revenue:

R = P×Q = P×(990 - 22P) = -22P² - 990P

R' = -44P - 990. The revenue is maximum when R' = 0

⇔0 = -44P - 990 ⇔ P = $22.5

At the P = $22.5, the Q = 990 - 22×22.5 = 495.

The maximum revenue = $22.5×495 = $11,137.5

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3 years ago

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Answer:

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Solve the inequality for y. y-8x>5

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Your answer is highlighted in bold at the bottom.
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