Answer:
In economics, elasticity is the measurement of the percentage change of one economic variable in response to a change in another.
An elastic variable (with an absolute elasticity value greater than 1) is one which responds more than proportionally to changes in other variables. In contrast, an inelastic variable (with an absolute elasticity value less than 1) is one which changes less than proportionally in response to changes in other variables. A variable can have different values of its elasticity at different starting points: for example, the quantity of a good supplied by producers might be elastic at low prices but inelastic at higher prices, so that a rise from an initially low price might bring on a more-than-proportionate increase in quantity supplied while a rise from an initially high price might bring on a less-than-proportionate rise in quantity supplied.
Elasticity can be quantified as the ratio of the percentage change in one variable to the percentage change in another variable, when the latter variable has a causal influence on the former. A more precise definition is given in terms of differential calculus. It is a tool for measuring the responsiveness of one variable to changes in another, causative variable. Elasticity has the advantage of being a unitless ratio, independent of the type of quantities being varied. Frequently used elasticities include price elasticity of demand, price elasticity of supply, income elasticity of demand, elasticity of substitution between factors of production and elasticity of intertemporal substitution.
Elasticity is one of the most important concepts in neoclassical economic theory. It is useful in understanding the incidence of indirect taxation, marginal concepts as they relate to the theory of the firm, and distribution of wealth and different types of goods as they relate to the theory of consumer choice. Elasticity is also crucially important in any discussion of welfare distribution, in particular consumer surplus, producer surplus, or government surplus.
In empirical work an elasticity is the estimated coefficient in a linear regression equation where both the dependent variable and the independent variable are in natural logs. Elasticity is a popular tool among empiricists because it is independent of units and thus simplifies data analysis.
A major study of the price elasticity of supply and the price elasticity of demand for US products was undertaken by Joshua Levy and Trevor Pollock in the late 1960s..
Explanation:
Newton’s second law of motion is closely related to Newton’s first law of motion. It mathematically states the cause and effect relationship between force and changes in motion. Newton’s second law of motion is more quantitative and is used extensively to calculate what happens in situations involving a force. Before we can write down Newton’s second law as a simple equation giving the exact relationship of force, mass, and acceleration, we need to sharpen some ideas that have already been mentioned.
First, what do we mean by a change in motion? The answer is that a change in motion is equivalent to a change in velocity. A change in velocity means, by definition, that there is an acceleration. Newton’s first law says that a net external force causes a change in motion; thus, we see that a net external force causes acceleration.
<span>An ax is an example of a wedge. The correct option among all the options that are given in the question is the second option or option "b". The other choices given in the question are incorrect and can be easily neglected. I hope that this is the answer that has actually come to your great help.</span>
Ideal Gas Law PV = nRT
THE GASEOUS STATE
Pressure atm
Volume liters
n moles
R L atm mol^-1 K^-1
Temperature Kelvin
pv = rt
divide both sides by v
pv/v = rt/v
p = rt/v
answer: p = rt/v
Ideal Gas Law: Density
PV = NRT
PV = mass/(mw)RT
mass/V = P (MW)/RT = density
Molar Mass:
Ideal Gas Law PV = NRT
PV = mass/(MW) RT
MW = mass * RT/PV
Measures of Gases:
Daltons Law of Partial Pressures; is the total pressure of a mixture of gases equals the sum of the partial pressures of the individual gases.
Total = P_ A + P_ B
P_ A V = n_ A RT
P_ B V = n_ B R T
Partial Pressures in Gas Mixtures:
P_ total = P_ A + P_ B
P_ A = n_ A RT/V P_ B = n_ B RTV
P_ total = P_ A + P_ B = n_ total RT/V
For Ideal Gasses:
P_ A = n_ A RT/V P_ total = n_ toatal RT/V
P_ A/P_ total = n_ A RTV/n_ total RTV
= n_ A/n_ total = X_ A
Therefore, P_ A = X_ A P_ total.
PV = nRT
P pressure
V volume
n Number of moles
R Gas Constant
T temperture (Kelvin.).
Hope that helps!!!!!! Have a great day : )
Answer:
2.5 m/s
Explanation:
The velocity of the package relative to the ground = the velocity of the package relative to the helicopter + the velocity of the helicopter relative to the ground
v = 0 m/s + 2.5 m/s
v = 2.5 m/s
At the moment it is released, the package is rising at 2.5 m/s.
