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postnew [5]
2 years ago
11

Please don't use just for the points I actually need help with this

Mathematics
2 answers:
Tems11 [23]2 years ago
8 0

Answer:

Cost before sales tax= 16 dollars

Total cost= 17.16 dollars

Step-by-step explanation:

We know the sales tax rate is 7.25 percent.

To find the cost from the tax rate, we divide the cost of the sales tax by the rate.

1.16/0.0725 = 16 dollars

Now to find the total cost, add the cost before the tax rate by the sales tax amount.

16+1.16= 17.16 dollars

JulijaS [17]2 years ago
6 0

Answer:

Cost before sales tax is  16$

Total cost is 17.16 $

Step-by-step explanation:

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Elasticity of Demand The demand function for a certain brand of backpacks is
Trava [24]

Answer:

See explanation

Step-by-step explanation:

Solution:-

- The demand function of a certain brand is given as price P a function of x quantity of goods ( in hundred ) demanded per month. The relation is:

                           P ( x ) = 50 Ln ( 50 / x ).

- The point price elasticity ( E ) of demand is given by:

                           E = \frac{P}{x}*\frac{dP}{dx}  

- Where, dP / dx : is the rate of change of price ( P ) with each hundred unit of good ( x ) is demanded.

- To determine the " dP / dx " by taking the first derivative of the given relation:

                          P ( x ) = 50 Ln ( 50 / x ).

                          d P ( x ) / dx = [ 50*x / 50 ] * [ -1*50 / x^2 ]

                                              = - 50 / x

- Hence the point price elasticity of demand is given by:

                          E = - ( P / x ) * ( 50 / x )

                          E = -50*P / x^2    

- For an inelastic demand, ! E ! is < 1:

                          ! -50*P / x^2 ! < 1

                          50*P / x^2 < 1

                          P < x^2 / 50

- For an unitary demand, ! E ! is =  1:

                          ! -50*P / x^2 !  = 1

                          50*P / x^2 = 1

                          P = x^2 / 50

- For an inelastic demand, ! E ! is > 1:

                          ! -50*P / x^2 ! > 1

                          50*P / x^2 > 1

                          P > x^2 / 50

2)

If the unit price is increased slightly from $50, will the revenue increase or decrease?

- We see from the calculated demand sensitivity d P / dt:

                          d P ( x ) / dx = - 50 / x

- We see that as P increases the from P = $50, the quantity of goods demanded would be:

                          50 = 50 ln(50/x)

                           1 = Ln ( 50 / x )

                           50/x = e

                           x = 50 / e

Then,

                          d P ( x ) / dx = - 50 / ( 50 / e )

                          d P ( x ) / dx = - e

- We see that if price slightly increases from $ 50 then the quantity demanded would decrease by e (hundreds ) goods.

- The decrease in the quantity demanded is higher than the increase in price. The revenue is given by the product of price P ( x ) and x:

                Revenue R ( x ) = P ( x ) * x

                                = 50*x*ln(50/x)

Then the product of price and quantity goods also decreases; hence, revenue decreases.

8 0
3 years ago
What is the value of 2 in 255.6
True [87]

Answer:

200?

Step-by-step explanation:

its kinda simple but the 2 is in the hundreds place therefore it is 200.

hope it helped ;)

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3 years ago
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Answer:    a vertical line, and every successive number is represented by an additional vertical ...

Step-by-step explanation:

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Answer:

D :3 -Your friend, Bill Cipher

Step-by-step explanation:

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Use this formula (x1+x2 over 2, y1+y2 over 2)
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