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Lunna [17]
2 years ago
7

Cora is playing a game that involves flipping three coins at once.

SAT
1 answer:
zalisa [80]2 years ago
8 0

yes cora is playing a game.

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As the price of gummy bears rises from $2. 60 to $3 , what are the price elasticities of demand of sugar-free gummy bears and of
NISA [10]

The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.

<h3>How to calculate price elasticity</h3>

Change in price of gummy bears = $2. 60 to $3

Elasticity of demand of sugar-free gummy bears =

[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]

= [-18/166] / [0.4/2.8]

= -0.10843373493975 / 0.14285714285714

= - 0.75903614457826

Approximately, -0.8

Elasticity of demand of regular gummy bears:

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= [-106/326] / [0.4/2.8]

= -0.32515337423312 / 0.14285714285714

= -2.2760736196318

Approximately, -2.3

Learn more about price elasticity:

brainly.com/question/24961010

7 0
2 years ago
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