Answer:
Hi,please write what you think is the best.
Thank you
Answer:
-1.67
Explanation:
Price elasticity of demand using midpoint method can be formulated as below:
Price elasticity of demand = {(Q_2 - Q_1)/[(Q_2 + Q_1)/2]}/{(P_2 - P_1)/[(P_2 + P_1)/2]}, where:
<em>Q_1 and Q_2 are the volumes before and after price changes;</em>
<em>P_1 is initial price and P_2 is new price.</em>
Putting all the numbers together, we have:
Price elasticity of demand = {(50-100)/[(50+100)/2]}/{(3-2)/([(3+2)/2]} =
- 1.67
Note: Negative sign indicate that when price increases volume will decrease.
Answer:
you should prepare 180 pounds of the deluxe mix and 75 pounds of the economy mix
Explanation:
maximize 7d + 4.7e
constraints
0.5d + ¹/₃e ≤ 115
0.5d + ²/₃e ≤ 140
d ≥ 0
e ≥ 0
d and e are integers
using solver, the maximum profit is 180d + 75e, and the maximum profit is $1,612.50
Answer:
Im going with b because i cant see the picture
Explanation:
In the question we are given 105 km/hr
One mile = 1.60934 km
105/1.60934 = 65.244.
Thus, 105 kilometer = 65.24 mile.
The correct option is D.
