Answer:
E_s = 0.9
It's inelastic
Explanation:
Formula for elasticity of supply is;
E_s = % change in quantity supplied/% change in price
The percentage will cancel out so, we are left with;
E_s = change in quantity supplied/ change in price
Change in quantity supplied = (200 - 100)/((200 + 100)/2) = 3/5
Price for 100 buckets = 100 × 80 =$8000
Price for 200 buckets = 200 × 80 = $16000
Change in price = (16000 - 8000)/((8000 + 16000)/2) = 2/3
Thus:
E_s = (3/5) ÷ (2/3)
E_s = 0.9
Now, this price elasticity supply value is less than 1. Thus, it can be categorized as being inelastic.
I believe it is a scarce resource because they are 1 ticket short.
Answer:
∘F=(9/5)∘C+32).
Explanation:
Coach Ferguson uses a thermometer to measure the temperature (in degrees Celsius) at 20 different locations in the school swimming pool. An analysis of the data yields a mean of
25∘C
and a standard deviation of
2∘C.
Find the mean and standard deviation of the temperature readings in degrees Fahrenheit (recall that
∘F=(9/5)∘C+32).
For the answer to the question above asking in what way were Auguste Comte and Immanuel Kant alike? I` think the answer here is Auguste Comte and Immanuel Kant was alike in the fact that they both felt like science would improve the world.
Answer:
She is probably busy grading work
Explanation:
