Given a function where one x-intercept of a parabola is (-4,0), what will be the new x-intercept if h is increased by 6?
1 answer:
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Answer:
0.18
Step-by-step explanation:
Given that:
P₁ = $10, P₂ = $20
From the tables Q₁ = 900, Q₂ = 800
Using midpoint method:
Percentage change in quantity =
Percentage change in price =
Price of elastic demand = Percentage change in quantity/ Percentage change in price = -11.76% / 66.67% = 0.18
The Price of elastic demand is positive because we took the absolute value and elasticity are always positive
Therefore since Price of elastic demand < 1, the demand is inelastic in this interval.
This means that, along the demand curve between $10 to $20, if the price changes by 1%, the quantity demanded will change by 0.18%. A change in the price will result in a smaller percentage change in the quantity demanded. For example, a 10% increase in the price will result in only a 1.8% decrease in quantity demanded and a 10% decrease in the price will result in only a 1.8% increase in the quantity demanded
<h3><u>Question:</u></h3>
The perimeter of a rectangle is 34 units. Its width W is 6.5 units.
Write an equation to represent the perimeter in terms of the length L, and find the value of L
<h3><u>Answer:</u></h3>The length of rectangle is 10.5 units
<h3><u>Solution:</u></h3>Given that,
Perimeter of rectangle = 34 units
Width of rectangle = 6.5 units
Let "L" be the length of rectangle
<em><u>The perimeter of rectangle is given by formula:</u></em>
Perimeter = 2(length + width)
<em><u>Substituting the values we get,</u></em>
Thus the equation is found
<em><u>Solve for "L"</u></em>
Thus length of rectangle is 10.5 units