DescriptionIn statistics, a central tendency is a central or typical value for a probability distribution. It may also be called a center or location of the distribution. Colloquially, measures of central tendency are often called averages
$7200.. you would find out what 3.5% of $6000 (210) is and then multiply it by 6 (1200) and then add it to the original $6000
Answer:
Demand is Elastic when Price > 200 ; Demand is inelastic when Price < 200
Step-by-step explanation:
p = 400 - 4x
4x = 400 - p
x = (400 - p) / 4 → x = 100 - p/4
Elasticity of demand [ P ed ] = (Δx / Δp) x (p / x)
Δx / Δp [Differentiating x w.r.t p] = 0 - 1/4 → = -1/4
P ed = <u>-1</u> x<u> p </u>
4 (400 - p)/4
= <u>-1</u> x <u> 4p </u> = -p / (400-p)
4 (400 - p)
Price Elasticity of demand : only magnitude is considered, negative sign is ignored (due to negative price demand relationship as per law of demand).
So, Ped = p / (400 - p)
Demand is Elastic when P.ed > 1
p / (400-p) > 1
p > 400 - p
p + p > 400 → 2p > 400
p > 400 / 2 → p > 200
Demand is inelastic when P.ed < 1
p / (400-p) < 1
p < 400 - p
p + p < 400 → 2p < 400
p < 400 / 2 → p < 200
Answer:
Step-by-step explanation:
The area of a triangle is given by the formula:
● A = (b×h)/2
b is the base and h is the heigth.
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Draw the heigth. This gives you two small right triangles.
Let's focus on the right one containing 45°.
● sin 45° = h/8
● h = sin 45° × 8 = 4√(2)
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Replace h by its value in the area formula. The base is 17
● A = (17× 4√(2))/ 2
● A = 34√(2)
● A = 48.08
Round to the nearest unit
● A = 48
