A school team won 6 games this year against 4 games won last year . What is the percent increase .

Mathematics

1 answer:

Y_Kistochka [10]3 years ago

8 0

Answer:

The increase in the number of wins (or amount of change) =6−4=2

Percentage increase

original amount or base

amount of change

×100

=50%

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The weekly sales of Honolulu Red Oranges is given by q = 896 − 20p.(A) Calculate the price elasticity of demand when the price i

vitfil [10]

Answer with Step-by-step explanation:

Since we have given that

q = 896-20p

p = $32

.(A) Calculate the price elasticity of demand

As we know that

$e=-\dfrac{dq}{dp}\times \dfrac{p}{q}\\\\e=-(-20)\times \dfrac{32}{896-20p}\\\\e=\dfrac{20\times 32}{896-20p}\\\\e=\dfrac{640}{896-20p}\\\\e=\dfrac{640}{896-640}\\\\e=\dfrac{640}{256}=2.5$

(B) The demand is going down with increase in 15 increase in price at that price level, as we know that there is inverse relationship between price and quantity demanded.

(C) Also, calculate the price that gives a maximum weekly revenue.

$R=pq\\\\R=p(896-20p)\\\\R=896p-20p^2$