1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ELEN [110]
3 years ago
15

11. Find out price elasticity of demand from the following table:

Mathematics
1 answer:
klio [65]3 years ago
4 0

Answer:

Price elasticity of demand = 1

Step-by-step explanation:

Old quantity demanded = 200

New quantity demanded = 150

Old price = 8

New price = 10

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

percentage change in quantity demanded = change in quantity demand / old demand × 100

= 50/200 × 100

= 0.25 × 100

= 25%

percentage change in price = change in price / old price × 100

= 2/8 × 100

= 0.25 × 100

= 25%

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

= 25% / 25%

= 1

Price elasticity of demand = 1

You might be interested in
If f(x) = −5x + 1, find f(−3). .
valentina_108 [34]
F(x) = -5x + 1

f(-3) = ?

subtitute x = -3 to the equation of the function:

f(-3) = -5 · (-3) + 1 = 15 + 1 = 16
8 0
3 years ago
Read 2 more answers
Answer answer please please
tamaranim1 [39]

Answer:

B. <

Step-by-step explanation:

2.7 * 10^3 is < 27 * 10^3

since

27 * 10^3 = 27000

2.7 * 10^3 = 2700

2700 < 27000

now since multiplying by 10 moves the decimal to the right, just looking and mentally comparing them. since they are both multiplied by 10^3 you're left with 2.7 and 27

27 is greater than 2.7

so

your answer is B or <

hope this helps :)

3 0
2 years ago
Read 2 more answers
Which division problem does the model below show? 4 fraction bars. The fraction bars are labeled 1 and each have 6 boxes underne
Ksivusya [100]

Answer:

4 divided by one-sixth = 2

Step-by-step explanation:

Given 4fraction bars

If each fraction bars has 6boxes, then we can get the total boxes for 4fractiom bars as shown;

1 fraction bars = 6boxes

4fraction bars = x

Cross multiply

1 × x = 4×6

x = 4× 6/1

x = 4 ÷ 1/6

Hence the division problem that modelled the expression is 4 ÷ 1/6

4÷1/6 = 4×6/1

4÷1/6 = 24

Option A is correct

4 0
2 years ago
Read 2 more answers
The answer to a word problem should always include which of the following
irina1246 [14]

Answer:

D. variables

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
I need help please..<br>what is the value of x?​
jarptica [38.1K]

HI, I drew & explained it below. I used the sine trig function to find the diagonal length and then used the pythagorean to find the missing length. Hope this helps :)

8 0
3 years ago
Other questions:
  • Immanuel is building a fence to make an enclosed play area for his dog. The enclosed area will be in the shape of a triangle wit
    14·1 answer
  • How many gallons of a 80% antifreeze solution must be mixed with 60 gallons of 30% antifreeze to get a mixture that is 70% antif
    5·1 answer
  • Find x.<br> (4x + 16)<br> (2x + 34)<br> A. X = 9<br> B. X= 52<br> C. X = 21.7<br> D. X = 25
    7·2 answers
  • Answers? Please helpppppop I don’t need number one only the rest
    6·1 answer
  • A polynomial function has roots of -5,2 and 7
    6·1 answer
  • PLEASE HURYY
    6·1 answer
  • In April 1986, a flawed reactor design played a part in the Chernobyl nuclear meltdown. Approximately 14252 becqurels (Bas), uni
    8·1 answer
  • In the number 344,589, how many times greater is the value of the 4 in the ten thousands place than the value of the 4 in the th
    6·1 answer
  • Solve by using elimination. Express your answer as an ordered pair.
    8·2 answers
  • write each of the following in the form of a x + B Y + C is equal to zero and find the values of a b and c ​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!