Answer: Percentage change in quantity would decrease by 12.5%.
Step-by-step explanation:
Since we have given that
Price elasticity of demand = -0.8
Price of each unit = $100
After change, price of each unit becomes = $110
% change in quantity would be
As we know the relation between price, quantity and elasticity.
Hence, Percentage change in quantity would decrease by 12.5%.
Answer:
104 cm^3
Step-by-step explanation:
2(1/2(6*4))+2(1/2(4*10)+(4*10)
2(1/2(24)+(2(1/2(40)+(40)
2(12)+2(20)+40
24+40+40
104 CM^3
Answer:
2a + 4 > 12
Step-by-step explanation:2a + 4 > 12
Answer:
average revenue
gross profit
total revenue
net profit
marginal revenue
Step-by-step explanation:
Answer:
Step-by-step explanation:
2x + 17.6 = 6
Subtracting both sides by 17.6
2x = 6 - 17.6
2x = -11.6
Dividing both sides by 2
x = -11.6 / 2
x = -5.8
