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3 years ago

6

A five-sided lot has the following dimensions: side A = 44', side B = 67', side C = 91', side D = 18', and side E = 55'. What is

the perimeter of the lot?

1 answer:

enyata [817]3 years ago

5 0

Answer:

275

Explanation:

You will add all the figures;that is;44+67+91+18+55=275

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A

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4 years ago

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3 years ago

Read 2 more answers

Suppose that when the price of ginger ale is $2 per bottle, firms can sell 4 million bottles. When the price of ginger ale is $3

lesantik [10]

<u>Solution</u>: The correct answer is option D

<u>Explanation</u>:

The following formula is applied for calculating elasticity of demand:

$\mathrm{e}=\left[\left(\mathrm{Q}_{2}-\mathrm{Q}_{1}\right) /\left\{\left(\mathrm{Q}_{1}+\mathrm{Q}_{2}\right) / 2\right\}\right] /\left[\left(\mathrm{P}_{2}-\mathrm{P}_{1}\right) /\left\{\left(\mathrm{P}_{1}+\mathrm{P}_{2}\right) / 2\right\}\right]$

Here, Q2 = 2 million

Q1 = 4 million

P2 = $3

P1 = $2

$\begin{array}{l}\mathrm{e}=[(2-4) /\{(4+2) / 2\}] /[(\$ 3-\$ 2) /\{(\$ 2+\$ 3) / 2\}] \\\mathrm{e}=[(-2) / 3] /[1 / 2.50]\end{array}$

e = - 1.67

Thus, the absolute value is 1.67.

The ginger ale is price elastic because the absolute value is higher than 1. An increase in price will decrease its total revenue. Thus, the following statement is true: (d) The demand for ginger ale is price elastic, so an increase in the price of ginger ale will decrease the total revenue of ginger ale producers.

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4 years ago