Answer:
B. The elastic portion of a straight-line, downward-sloping demand curve corresponds to the segment above the midpoint.
Explanation:
Elasticity measures the sensitivity of one variable to another. Specifically it is a figure that indicates the percentage variation that a variable will experience in response to a variation of another one percent.
The elasticity of demand measures the reaction of demand when one of the factors that affects it varies.
<u>Elasticity - Price of demand.</u>
easure the sensitivity of the quantity demanded to price variations. It indicates the percentage variation that the quantity demanded of a good will experience if its price rises by 1 percent.
<u>
Elastic Demand
</u>
The demand quantity is relatively sensitive to price variations, so the total expenditure on the product decreases when the price rises, the price elasticity takes value greater than -∞ but less than -1
The work done by Joe is 0 J.
<u>Explanation</u>:
When a force is applied to an object, there will be a movement because of the applied force to a certain distance. This transfer of energy when a force is applied to an object that tends to move the object is known as work done.
The energy is transferred from one state to another and the stored energy is equal to the work done.
W = F . D
where F represents the force in newton,
D represents the distance or displacement of an object.
Force = 0 N, D = 20 cm = 0.20 m
W = 0
0.20 = 0 J.
Hence the work done by Joe is 0 J.
The answer is in the attachment
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The watch hand covers an angular displacement of 2π radians in 60 seconds.
ω = 2π/60
ω = 0.1 rad/s
v = ωr
v = 0.1 x 0.08
v = 8 x 10⁻³ m/s