87% of 73 is about 63.51 and 73% of 87 is 60.59 so 87% of 73 is greater
Total income minus income from plumbing gives us income from rent. Divide that by 12 to give us the monthly income from rent.
61700-4800 = 13700
13700/12 = 1,141.67 a month in rent.
Answer:
The price elasticity of demand is 0
Step-by-step explanation:
The demand function for monthly sales is given as:
q = 104e^-3p^2 + p
The price elasticity of demand E is obtained by differentiating q with respect to p
E = dq/dp = (-6p + 1) × 104e^-3p^2 +p =
When p = ¥200
E = (-6×200 + 1) × 104e^-3(200)^2 + 200 = -1199 × 104(0) = -1199 × 0 = 0
