Answer: See Explanation
Step-by-step explanation:
The price elasticity of demand will be calculated as:
q = 860 − 20p.
dq/do = -20
p = 38
Elasticity E(p) = (p/q) × dq/dp
= [38 /(860 - 20p)] × (20)
=38 × 20/(860 - 760)
= 7.6
Therefore, the price elasticity of demand when the price is $38 per orange is 7.6
Revenue = price × quantity
= p × q
= p × (860 − 20p)
= 860p - 20p²
Differentiating with respect to p
= 860 - 40p
40p = 860
p = 860/40
p = 21.50
Maximum Revenue = 860p - 20p²
= 860(21.50) - 20(21.50)²
= 18490 - 9245
= 9245
Here is a picture of the graphed function.
The grey dots are, from left to right:
(-3,0)
(-1,-4)
(0,-3)
(1,0)
Answer:
The correct answer is A) 5n = 3d and 3n + 6 = 2d + 4
Step-by-step explanation:
hope this is right...
Answer:
14.49
Step-by-step explanation:
14 * 0.035 = 0.49
14 + 0.49 = 14.49
5 feet and 3 inches, 1 foot=12 inches, 12×5=60+3=63×5=315. so your answer is 315
