Answer:
The greatest number of people that can attend the meeting on that budget is 116
Step-by-step explanation:
The cost for the meeting is given by the following expression:
cost = 500 + 6*person
Since the budget is $1200 the cost must be at most equal to that, therefore:
1200 = 500 + 6*person
500 + 6*person = 1200
6*person = 1200 - 500
6*person = 700
person = 700/6 = 116.667
Since there can't be a 0.667 person, the greatest number of people that can attend the meeting on that budget is 116
Answer:
Go to google and write how to find a volume of a prism
Step-by-step explanation:
By the way what i am going to say is a small tip you can use
Go to google write ( quizlet) and you can write the name of your book the volume and the chapter rand the lesson believe me you will find what you want
If you didn't find the answers you can talk with me so i can give other programs because i have want to help you
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
