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:
Sugar free = [(273-379) / (273+379)/2] ÷ (3.00 +2.60) / 2]
= [-106/326] / [0.4/2.8]
= -0.32515337423312 / 0.14285714285714
= -2.2760736196318
Approximately, -2.3
Learn more about price elasticity:
brainly.com/question/24961010
Answer:
Velocity
Explanation:
Speed is how fast something moves.
Velocity is how fast it moves and in what direction it moves in.
Acceleration is the change in how fast it moves. I.e. if it speed up or slows down.
Here we are given the speed of the train (75mph) and the direction (north), therefore it is velocity.
Hope this helped!
vascular plants. plants that have TUBELIKE STRUCTURES that carry water, nutrients, and other substances throughout the plant have xylem and phloem true roots stems and leaves.
