If we have two sides equal each other, then we called the statement "equation"
Example:
2x + 3 = 5x - 2 is called an equation
2x + 3 is an algebraic expression
5x - 2 is an algebraic expression
When we put = sign between them, they called an equation
Then when two equal signs are placed between two algebraic expressions, they formed an equation
The answer is an equation
Answer:
Demand is Elastic when Price > 200 ; Demand is inelastic when Price < 200
Step-by-step explanation:
p = 400 - 4x
4x = 400 - p
x = (400 - p) / 4 → x = 100 - p/4
Elasticity of demand [ P ed ] = (Δx / Δp) x (p / x)
Δx / Δp [Differentiating x w.r.t p] = 0 - 1/4 → = -1/4
P ed = <u>-1</u> x<u> p </u>
4 (400 - p)/4
= <u>-1</u> x <u> 4p </u> = -p / (400-p)
4 (400 - p)
Price Elasticity of demand : only magnitude is considered, negative sign is ignored (due to negative price demand relationship as per law of demand).
So, Ped = p / (400 - p)
Demand is Elastic when P.ed > 1
p / (400-p) > 1
p > 400 - p
p + p > 400 → 2p > 400
p > 400 / 2 → p > 200
Demand is inelastic when P.ed < 1
p / (400-p) < 1
p < 400 - p
p + p < 400 → 2p < 400
p < 400 / 2 → p < 200
Answer:
-2
Step-by-step explanation:
We can find the slope by using the slope formula
m = (y2-y1)/(x2-x1)
= (-5 - -7)/ ( -2 - -1)
= ( -5+7) / ( -2 +1)
= 2/-1
= -2
Answer:
See below.
Step-by-step explanation:
Average rate of change =( R(1008) - R(1001) ) / (1008 - 1001)
=[ 12(1008) - 0.005(1008)^2 - (12(1001) - 0.005(1001)^2) ] / 7
Answer:
B. 25%
Step-by-step explanation:
25 percent of 60 would be 15, then if you subtract 15 from 60, you end up with 45, meaning that 25 percent was subtracted.
