We want to find the coeficient of the y terms when added together so find all the y terms
+12y and +2y
we add them together
12y+2y=(12+2)y=(14)y=14y
coeficient is 14
the constant is the number that is set already or the number that doesn't have it multiplied by a placeholder exg. 4 is a constnat but 4x is not so find the constants
+5 and +8
we add
5+8=13
the constant is 13
y coeficient=14
constant=14
The price elasticity of demand of the pen will be -0.2.
<h3>How to compute the elasticity?</h3>
The demand and supply schedule will be:
Price Qd. Qs
$10. 250. 100
$20. 200. 90
$30. 180. 80
The price elasticity of demand from $1 to $2 will be:
= Percentage change in quantity demanded/percentage change in price
Percentage change in quantity demanded will be:
= (200 - 250)/250 × 100
= -20%
Percentage change in price will be:
= (20 - 10)/10 × 100
= 100%
Therefore, the elasticity of demand will be:
= -20/100
= - 0.2
The value gotten illustrates an inelastic demand.
In order to increase the total revenue, the price can be reduced as it will lead to more sales.
Learn more about PED on:
brainly.com/question/21105870
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<u>Complete question:</u>
Choose any product or service. Create the demand and supply schedule.
Calculate just one PED.
Is the demand elastic or inelastic?
What price change would you recommend to increase TR?
the picture in the attached figure
we know that
area of the triangle is equal to
in this problem
A=47 in²
b=x
h=x
so
therefore
the answer is
x=9.7 in
You could start on 34 on the number line and jump back 28 times to get your answer.
