Answer:
-56
Explanation:
From the equation:
0.75(x + 20) = 2 + 0.5(x - 2)
Open brackets
0.75x + 15 = 2 + 0.5x - 1
Collect like terms
0.75x - 0.5x = 2 - 1 - 15
0.25x = - 14
Divide both sides by 0.25
x = -56
Answer:
14
Explanation:
For independent variables X and Y;
S.D(X - Y) is expanded as :
S.D(X) + S.D(Y)
If S.D(X) = 6 and S.D(Y) = 8 ; where, X and Y are independent ;
SD(X-Y) = SD(X) + SD(Y)
SD(X - Y) = 6 + 8
SD(X - Y) = 14
The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.
<h3>How to calculate price elasticity</h3>
Change in price of gummy bears = $2. 60 to $3
Elasticity of demand of sugar-free gummy bears =
[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]
= [-18/166] / [0.4/2.8]
= -0.10843373493975 / 0.14285714285714
= - 0.75903614457826
Approximately, -0.8
Elasticity of demand of regular gummy bears:
Sugar free = [(273-379) / (273+379)/2] ÷ (3.00 +2.60) / 2]
= [-106/326] / [0.4/2.8]
= -0.32515337423312 / 0.14285714285714
= -2.2760736196318
Approximately, -2.3
Learn more about price elasticity:
brainly.com/question/24961010
