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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

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Help please inequalities are kicking my butt any help is greatly appreciated thank you in advance
Hitman42 [59]

Answer:

Correct option is (C)

Step-by-step explanation:

we are given that -Tim design a pair of shorts,S, and T-shirts,t.

Tim sell Sorts for $12 and T-shirts for $8 each.

Tim can work atmost 18 hours a day so we can write time\leq 18

Time taken to design a T-shirt is 30 minutes and for Shorts, it is 45 minutes.

\frac{30}{60}t+\frac{45}{60}s\leq   18\\\text{Multiply both the sides by 60}\\30t+45s\leq 1080\\\text{Divide both the sides by 45}\\s+0.66t\leq 24\\\text{Subtract 0.66t from both the sides}\\s\leq 24-0.66t

He must design 12 itesm each day, so we can write t+s\geq 12

Further it can be written as

t+s\geq 12\\\text{Subtract t from both the sides}\\s\geq 12-t

Also Tim can not design more than 30 items in one day, so we can write

t+s\leq 30\\\text{Subtsract t from both the sides}\\s\leq 30-t

Hence from the above equations , its claer that

s\geq 12-t,s\leq 30-t,s\leq 24-0.66t,s\geq 0,t\geq 0

7 0
3 years ago
How many times does 3 go into 5?
Fofino [41]
3 goes into 5 one time


Hope this helped :)
6 0
3 years ago
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Vesna [10]

Answer:

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Step-by-step explanation:

First set up the problem like this:

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Now we need subtract 1 from each side, leaving us with:

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And now we divide each side by 6x, leaving us with.

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Answer:

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Step-by-step explanation:

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