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
سحتوذثتثبختثوبخهوثذبهبثهوثبهوبذوهقذقهوذقهوذوقهبهو بوتبثثبتبثوتبتحثو هل
Moderate levels of disturbance refers to the factors which results in an increase in community diversity, which is based on the intermediate disturbance hypothesis.
<h3>What is Intermediate disturbance hypothesis?</h3>
This states that local diversity is maximized when the ecological disturbance of a given area is intermediate. Diversity on the other hand refers to the number of species present in an area over a given period of time.
The disturbance being too high or low will lead to adverse effects on the species which is why an intermediate effect will lead to an increase in the diversity of the species which are present in a given area. This is therefore the reason why it was chosen as the most appropriate choice.
Read more about Intermediate disturbance hypothesis here brainly.com/question/13986524
#SPJ1
Around 1700, a sequence of events led to today's highly globalized economy and unequal global wealth distribution. The sequence is as follows:
- Virtually the entire world lives at a subsistence level.
- Dramatic increase in food production in Europe due technological advances in farming lead.
- Factory production replaces European cottage industries.
- Western colonialism at its peak transfers wealth from the colonies to Europe.
- Former colonies of Europe struggle economically post independence
The economy in 1700s was based on mainly farming, fur trading, ship production, local production.
Learn more revolution in 1700's here:
brainly.com/question/11900704
#SPJ4
