Answer:<u> -0.9 ; inelastic</u>
Explanation:
Given:
The average price of wheat per metric ton in 2012 = $305.75
Demand (in millions of metric tons) in 2012 = 672
The average price of wheat per metric ton in 2013 = $291.56
Demand (in millions of metric tons) in 2013 = 700
We will compute the elasticity using the following formula:
ε = 
ε = 
Now , we'll first compute 
i.e. = 
= 0.04081
Similarly for 
i.e. = 
= -0.0475
ε = 
ε = -0.859 
-0.9
we know that ;
If, ε > 1 ⇒ Elastic
ε < 1 ⇒ Inelastic
ε = 1 ⇒ unit elastic
<u><em> Here , ε = -0.859 -0.9 </em></u>
<u><em>Therefore ε is inelastic.</em></u>
Answer:
Total amount paid for the Car=$24,832
Finance Charge=$2,382
Step-by-step explanation:
Down payment on the Car=$2800
Number of Monthly Installments=36
Amount Paid Per Installment=$612
Total Monthly Installment Paid=36*$612=$22032
Therefore, the Total Amount Paid for the Car=Down Payment+Total Installmental Payment=2800+22032=$24,832
Next, we determine the finance charge.
Finance Charge=Total Amount Paid for the Car - Delivered Price of the Car
=24832-22450
=$2,382
Therefore:
Total amount paid for the Car=$24,832
Finance Charge=$2,382
Standard Form is ...
ax + by = c
where a ≥ 0, b > 0 (if a=0), and {a, b, c} are mutually prime integers (unless irrational numbers are involved).
You can get there from where you're starting in a couple of steps. Multiply by the least common denominator of any fractions. (Here, you multiply by 4.) Then put the variable terms on the opposite side from the constant term. Make sure the leading coefficient is positive.
... 4y -4 = x -12
... x -4y = 8 . . . . add 12-4y
we are given
now, we can find x , y and z components
Arc length calculation:
we can use formula
now, we can plug these values
now, we can simplify it
now, we can solve integral
now, we can plug bounds
and we get
so,
..............Answer
