The price elasticity of demand of the pen will be -0.2.
<h3>How to compute the elasticity?</h3>
The demand and supply schedule will be:
Price Qd. Qs
$10. 250. 100
$20. 200. 90
$30. 180. 80
The price elasticity of demand from $1 to $2 will be:
= Percentage change in quantity demanded/percentage change in price
Percentage change in quantity demanded will be:
= (200 - 250)/250 × 100
= -20%
Percentage change in price will be:
= (20 - 10)/10 × 100
= 100%
Therefore, the elasticity of demand will be:
= -20/100
= - 0.2
The value gotten illustrates an inelastic demand.
In order to increase the total revenue, the price can be reduced as it will lead to more sales.
Learn more about PED on:
brainly.com/question/21105870
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<u>Complete question:</u>
Choose any product or service. Create the demand and supply schedule.
Calculate just one PED.
Is the demand elastic or inelastic?
What price change would you recommend to increase TR?
Answer: The area of the triangle would be 256.
Explanation: You need to multiply both 16 and 16 together, which will then get your answer which is 256.☺️
This means that for a given year that Indiana became a state, Arizona became a state 96 years later. The expression (b) y+96=1896 is correct.
I hope this helps you
Euclid
h^2=4.6
h=2 square root of 6
h^2+6^2=base^2
24+36=base^2
base=2square root of 15
h^2+4^2=height^2
24+16=height^2
height=2 square root of 10
Theres no real name for a shape with uneven sides. I just realized that. A four sided figure is a quadrilateral. Or irregular polygon/quadrilateral. A four sided shape with no even sides.
