Answer:
0.18
Step-by-step explanation:
Given that:
P₁ = $10, P₂ = $20
From the tables Q₁ = 900, Q₂ = 800
Using midpoint method:
Percentage change in quantity = 
Percentage change in price =

Price of elastic demand = Percentage change in quantity/ Percentage change in price = -11.76% / 66.67% = 0.18
The Price of elastic demand is positive because we took the absolute value and elasticity are always positive
Therefore since Price of elastic demand < 1, the demand is inelastic in this interval.
This means that, along the demand curve between $10 to $20, if the price changes by 1%, the quantity demanded will change by 0.18%. A change in the price will result in a smaller percentage change in the quantity demanded. For example, a 10% increase in the price will result in only a 1.8% decrease in quantity demanded and a 10% decrease in the price will result in only a 1.8% increase in the quantity demanded
Answer:
Polynom degree: 5
Y intercept point: (0, 80)
Step-by-step explanation:
P(x)=(x+5)(x+4)²(x+1)²
When you expand, the highest power of x is 1 for first term (x+5), 2 for second term (x+4)² and again 2 for (x+1)². Overall, x⁵ will be the x term with highest power. So the degree of the polynom is 5.
The y intercept, i.e. intersection with OY axis, happens for x=0. Thus, P(0)=5×4²×1²=5×16=80. The y intercept point is (0, 80)
Answer:
Step-by-step explanation:
There are no pics
Answer:
the second one I think
Step-by-step explanation:
m=18 when r = 2.
Step-by-step explanation:
Given,
m∝
So,
m = k×
,--------eq 1, here k is the constant.
To find the value of m when r = 2
At first we need to find the value of k
Solution
Now,
Putting the values of m=9 and r = 4 in eq 1 we get,
9 = 
or, k = 36
So, eq 1 can be written as m= 
Now, we put r =2
m = 
or, m= 18
Hence,
m=18 when r = 2.