The price elasticity of demand of the pen will be -0.2.
<h3>How to compute the elasticity?</h3>
The demand and supply schedule will be:
Price Qd. Qs
$10. 250. 100
$20. 200. 90
$30. 180. 80
The price elasticity of demand from $1 to $2 will be:
= Percentage change in quantity demanded/percentage change in price
Percentage change in quantity demanded will be:
= (200 - 250)/250 × 100
= -20%
Percentage change in price will be:
= (20 - 10)/10 × 100
= 100%
Therefore, the elasticity of demand will be:
= -20/100
= - 0.2
The value gotten illustrates an inelastic demand.
In order to increase the total revenue, the price can be reduced as it will lead to more sales.
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<u>Complete question:</u>
Choose any product or service. Create the demand and supply schedule.
Calculate just one PED.
Is the demand elastic or inelastic?
What price change would you recommend to increase TR?
Yuki pays tax at a rate 4.6% + 3.65% = 8.25%
The total tax on the handbag is
.0825 (220) = $18.15
Answer:
(in order) #1
for the first one you have a vertical angle. Vertical angle is basically any 2 lines who intersect each other. The opposite sides will be congruent.
So in this case
2x+8 and 110 are oppostie sides.
2x+8=110
Which is x= 51
#2
For the second one you have supplementray angles
Now for supplementary angles its basically 2 angles added up that form a straight line And 180 degress is always the measure of a straight line. SO in this case we do
9x+12x+75=180
Which is x=5
#3
This is also a vertical angle pair and their congruent just like #1
So 5x+5=65
x=12
Answer:
A
Step-by-step explanation:
A soccer field is a rectangle 60 meters wide and 110 meters long. The coach asks players to run from one corner of the grass field to the opposite corner. The path from one corner of the grass field to the opposite corner is the diagonal of the rectangular field.
The width, the length and the diagonal of the rectangular field form right triangle. By the Pythagorean theorem,
