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:
x= 1/8 is the correct answer
Answer:
Volume of the similar sphere be 64 :343 .
Option (D) is correct.
Step-by-step explanation:
Formula
As given
The volumes of two similar spheres given that the ratio of their radii is 4:7 .
Let us assume that the x be the scalar multiple of the radi .
Radius of first sphere = 4x
Radius of second sphere = 7x
Putting the values in the formula
Thus
Therefore the ratio of the volume of the similar sphere be 64 :343 .
Option (D) is correct .
Answer:
Step-by-step explanation:
Equation of line
y = mx + c
m = slope and c is the intercept on y-axis
