What am I supposed to help with. You didn't put anything.
Answer: (B) The price elasticity of demand for good Z = 0.86
Step-by-step explanation:
The formula for determining elasticity of demand by using the midpoint method is
(Q2 - Q1)/[(Q2 + Q1)/2] / (P2 - P1)/[(P2 + P1)/2]
Where
P1 is the initial price of the item.
P2 is the final price of the item.
Q1 is the initial quantity demanded for the item.
Q2 is the final quantity demanded for the item.
From the information given,
P1 = 10
P2 = 15
Q1 = 85
Q2 = 60
The price elasticity of demand for good Z = (60 - 85)/[(60 + 85)/2] / (15 - 10)/[(15 + 10)/2]
= (-25/72.5) / (5/12.5) = -25/72.5 × 12.5/5
= - 312.5/362.5 = - 0.86
Answer:
Susan sent 25 messages
Felipe sent 100 messages
Deon sent 35 messages
Step-by-step explanation:
160 = x + 4x + x + 10
160 = 6x + 10
6x = 150
x = 25
It's A.
18 correlates with $350 and 12 correlates with $520.
That crosses off B and D.
18 + 12 days combined equals 30.
That excludes C and D.
A is your answer! :D
