Answer:
a) 6 17/20
b) 10 31/60
Step-by-step explanation:
a) 9 2/20 - 2 1/4 = 137/20 = 6 17/20
b) 6 17/20 + 3 2/3 = 631/60 = 10 31/60
The solution of the given inequality is:
x ≤ 15.24
<h3>
How to solve the inequality?</h3>
We know that the maximum that she can spend on gasoline is the 12% of $400.
That is:
(12%/100%)*$400 = 0.12*$400 = $48
Now, we know that each gallon of gas costs $3.15, then if x is the number of gallons of gas that she buys, we have the inequality:
x*$3.15 ≤ $48
To solve the inequality, we need to divide both sides by $3.15
x ≤ $48/$3.15
x ≤ 15.24
So the maximum number of gallons of gasoline that she can buy is 15 gallons (actually a little more).
If you want to learn more about inequalities:
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First:
F=m.a
=4*7
=28N
Second:
F=m.a
28=m.2. (force is constant,so F=28N)
28/2=m
m=14kg.
I believe the answer is 104.
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.
Learn more about PED on:
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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?