Answer:
option C is the answer......
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
During its first bake sale, the poetry club made $79.35. If we round up to $80, this will make it easier to estimate how much they will make if they have 4 more bake sales (5 altogether). Next, we should use multiplication to determine how much money they will earn altogether after 5 bake sales. Five times $80 equals $400. Leslie accidentally multiplies by 50 because she moves the decimal one place too far.
<h3>Further Explanation</h3>
Estimation
Estimation is when you use an approximate calculation to make a prediction. It is important here to note that an estimation is different than guess. In both instances, one should use whatever knowledge is at their disposal; however, an estimation usually uses rounding and actual calculations.
Rounding
When making an estimation, rounding is an effective tool to use. Often numbers are rounded to the nearest whole number or place value. This can make it easier to do a quick calculation. In the word problem, the nearest whole number to 79.35 is 80. This makes it easier to multiply the dollar amount because there are fewer numbers to multiply.
<h3>Answer Details</h3>
Subject: Math
Level: middle school
Topic: Estimations
<h3>Keywords</h3>
estimation, rounding, multiplication
<h3>Learn More</h3>
Estimating with percents: brainly.com/question/3510011
Estimate: brainly.com/question/107747
-10=10(k-9)
so,
-10=10k-90
that is just expanding the brackets by multiplying to k and-9
then.
-10=10k-90
move the-90 over by adding 90
so, 80=10k
k =80/10
k=8
Answer:
Its 0.11
Step-by-step explanation:
When you divide any number by 10, you just move the decimal place one to the left, as for this number 1.1, you move it one place to the left which makes it 0.11. Mathmatically, to check your work you can do 0.11 x 10 to get 1.1
Mark brainliest and helpful
