1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alukav5142 [94]
2 years ago
8

The weekly sales of Honolulu Red Oranges is given by

Mathematics
1 answer:
Volgvan2 years ago
8 0

Answer: See Explanation

Step-by-step explanation:

The price elasticity of demand will be calculated as:

q = 860 − 20p.

dq/do = -20

p = 38

Elasticity E(p) = (p/q) × dq/dp

= [38 /(860 - 20p)] × (20)

=38 × 20/(860 - 760)

= 7.6

Therefore, the price elasticity of demand when the price is $38 per orange is 7.6

Revenue = price × quantity

= p × q

= p × (860 − 20p)

= 860p - 20p²

Differentiating with respect to p

= 860 - 40p

40p = 860

p = 860/40

p = 21.50

Maximum Revenue = 860p - 20p²

= 860(21.50) - 20(21.50)²

= 18490 - 9245

= 9245

You might be interested in
Hot dogs come in packages of 8. Hot dog buns come in packages of 12. If Grace wants
TEA [102]
If one package of hot dogs buns is 12 than she need 2 packages
3 0
3 years ago
A person who is 1.5 meters tall casts a shadow that is 8 meters long. The distance along the ground from the person (N) to the f
Elena-2011 [213]
AA Theorem: To show two triangles are similar, it is sufficient to show that two angles of one triangle are congruent (equal) to two angles of the other triangle. All three triangles have a right angle and they all share the common angle at point S.

Flagpole is 32 meters from point S: so 1.5/8 = x/32 where x is FG
cross-multiply: 32 • 1.5 = 8x
48 = 8x
x = 6 meters

building is a total of 240 meters from point S, so: 1.5/8 = x / 240 where x is BD
cross-multiply: 240 • 1.5 = 8x
360 = 8x
<span>x = 45 meters</span>
7 0
3 years ago
A small bottle of lemonade is half the size of a large bottle. The small bottle costs 80p and the large bottle costs £1.50. Amir
Leni [432]

80p = 80 cents

£1.50 = $1.50.

(changing the signs, that's it)

So if a small bottle is half the size of a large bottle, and is 80 cents.

Amir buys 4 bottles, so 0.80 * 4 = 320 = $3.20.

Now 4 small bottles is the same as 2 large ones, so if he bought 2 large bottles: $1.50 * 2 = $3.00.

$3.20 - $3.00 = 0.20 cents.

Amir would've saved 0.20

P.S. What is "p" in European money

4 0
3 years ago
Read 2 more answers
What is (-oo,-11) U (5,oo)​
miv72 [106K]
Can you please please give me more information please thank you
8 0
3 years ago
HELP ME !!!!!!!!!!!!!!!!!!!!!!!!!!
gogolik [260]

Answer:

Bye

Step-by-step explanation:

Figure it out yourself

4 0
3 years ago
Other questions:
  • Rounded to the nearest tenth
    11·2 answers
  • 7th grade stuff please help part b please
    15·2 answers
  • There is a set of 100 observations with a mean of 50 and a standard deviation of 0. What is the value of the smallest observatio
    14·2 answers
  • PLEASE HELP TIMED
    6·2 answers
  • Noah entered a 100-mile bike race. He knows he can ride 32 miles in 160 minutes. At this rate, how long will it take him to fini
    13·1 answer
  • The price of an item yesterday was . Today, the price rose to . Find the percentage increase.
    7·1 answer
  • Will someone please help with this multiple choice question ?
    10·1 answer
  • How would I figure out this answer<br>number 137, please help!!! due tomorrow
    9·1 answer
  • Can someone help with these!
    11·1 answer
  • 10 – (8p + 3) = 9(2p - 5)
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!