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
Answer:
219m
Step-by-step explanation:
Since the man observes the car with angle 15 before observing in 33 degrees.
For the first observation
The angle observation gives an angle if 33 degrees with the horizontal.
It gives a triangle which I'll attach to the que,
from the first triangle
Tan 33 = 100/y
Y= 100/ tan 33
Y = 153.99m.
This is the distance from the building to the distance where it was secondly observed( 33).
To find x
tan 15 = 100/(153.99+x)
153.99 + x = 100/ tan 15
153.99 + x = 373.21
The distance between the two observed angles
X= 219m.
(x, y) = (-3, 4) hope this helps!