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2 years ago

5

Changing the speed and tone of your depending on the type of example you are giving can affect how listeners respond to your spe

ech.

1 answer:

steposvetlana [31]2 years ago

3 0

Answer: voice

Explanation:

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The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is Rs.500 a ride. Motorvill

larisa86 [58]

Answer:

The answer is below

Explanation:

i) The price elasticity of demand is given by the formula:

$Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{40-80}{(40+80)/2} }{\frac{600-500}{(600+500)/2} }=\frac{-2/3}{2/11} =3.667 (ignore \ the\ sign)$

Since the price elasticity of demand is greater than 1 hence it is elastic

ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.

iii)

$Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{120-80}{(120+80)/2} }{\frac{400-500}{(400+500)/2} }=\frac{0.4}{-2/9} =1.8 (ignore \ the\ sign)$

Since the price elasticity of demand is greater than 1 hence it is elastic

4 0

4 years ago

The exchange rate for the yuan is quoted at 6.58 to the us$ if this changes to 6.25 yuan, what would be the change in price

Oliga [24]

In order to obtain the change in price, the local price of the yuan must be known. Next is to take the difference of the reciprocal of the two prices, then multiply it to the local price. The solution is: change in price = 275 (1/ 6.58 - 1/6.25) therefore, the change in price is equal to $2.21

4 0

3 years ago

You have ordered a black sweater from an Internet source but received a pink one instead. The website states that there are no r

kirza4 [7]

<h2>The contract is invalid.</h2>

Explanation:

An online though it has some cons like "cannot touch and feel, color may slightly vary from the original to the picture given, quality cannot be measured, etc".
But the scenario given here is the expected / ordered color is different from the received one and it is wrong that the website is not accepting.
This website is not user-friendly and the fault from the website side is not accepted which once again re-insist the unfriendliness.
Any website should allow the user to do easy exchange and returns because of various reason said in point no.1.
If the website continues with same invalid contract, then it will lose its name and lose the customer too.

6 0

3 years ago

When pete mills went to withdraw $5,000 from the nationwide fidelity mutual fund, he was informed that the fund would charge 5 p

ki77a [65]

250$ is 5% of $5000
$5000 \times .05 = 250$

3 0

3 years ago

Why do you think that the small stuff makes such a difference for business?

svetoff [14.1K]

I think small stuff makes such a difference for businesses because you have to take risk if you want to be successful and with those little risks the businesses are successful

6 0

4 years ago