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.
a driver has at the most 10 days
Answer:
The answer is ( x - 7)² + ( y - 8)² = 121
Hope this helps.
There's only one way
Explanation:
The duration of short term memory seems to be between 15 and 30 seconds. Items can be kept in short term memory by repeating them verbally (acoustic encoding), a process known as rehearsal.
