when price of indomie noodles was lowered from #50 to #40 per unit, quantity demanded increases from 400 to 600 units per week. calculate the coefficient of price elasticity of demand and determine whether by lowering price this firm has made a wise decision ​

Answers

Answer 1

Answer:

The price elasticity of demand is -10

Step-by-step explanation:

Given

[tex]p_1,p_2 = 50,40[/tex]

[tex]q_1,q_2 = 400,500[/tex]

Solving (a): The coefficient of price elasticity of demand (k)

This is calculated as:

[tex]k = \frac{\triangle q}{\triangle p}[/tex]

So, we have:

[tex]k = \frac{500 - 400}{40 - 50}[/tex]

[tex]k = \frac{100}{-10}[/tex]

[tex]k = -10[/tex]

Because |k| > 0, then we can conclude that the company made a wise decision.


Related Questions

Examine the two normal probability curves and complete the statements.
The mean of the shorter normal curve is ["equal to", "greater than", "less than"] the mean of the taller normal curve.
The standard deviation of the shorter normal curve is ["less than", "greater than", "equal to"] the standard deviation of the taller normal curve.
The area under the shorter normal curve is ["equal to", "greater than", "less than"] the area under the taller normal curve.

Answers

Answer: hello the two normal probability curves are missing

answer:

a) equal to

b) greater than

c) equal to

Step-by-step explanation:

a) The mean of the shorter normal curve is equal to The mean of the taller normal curve is

b) The standard deviation of the shorter normal curve is greater than  the standard deviation of the taller normal curve

c) The area under the shorter normal curve is equal to  the area under the taller normal curve

try more

complete the statement

1. Volume of pyramid= ________× volume of rectangular prism, V= l×w×h
So for pyramid, V= 1/3 (l×w×h) = (l×w×h) ÷ ________.

2. The volume of the cylinder is three times the volume of the cone or the volume of the is _________ that of the cylinder.

3. Volume of the cone = ________ volume of the cylinder.
4. Sphere's volume is 2/3 of the _________ volume.

please answer this questions because this is need to pass tomorrow!!​

Answers

1. Volume of pyramid= One third× volume of rectangular prism, V= l×w×h

So for pyramid, V= 1/3 (l×w×h) = (l×w×h) ÷ 3.

2. The volume of the cylinder is three times the volume of the cone or the volume of the cone is one third that of the cylinder.

3. Volume of the cone = One third of volume of the cylinder.

4. Sphere's volume is 2/3 of the Cylinder's volume.

Answered by GAUTHMATH

Which of the following is an even function?
g(x) = (x – 1)2 + 1
g(x) = 2x2 + 1
g(x) = 4x + 2
g(x) = 2x

Answers

Answer:

B. g(x) = 2x² + 1

Step-by-step explanation:

Even function has following property:

g(x) = g(-x)

It is easy to show this works with the second choice only. All the others don't work:

g(x) = (x - 1)² + 1g(-x) = (-x - 1)² + 1

This is not correct as x - 1 ≠ -x - 1 so as their squares, so g(x) ≠ g(-x)

The last two choices are not even similarly.

Answer:

B. g(x) = 2x2 + 1

Correct on edge

5. En una fábrica se producen 3,500
plumas por 6 trabajadores, si se
suman tres más, ¿cuál será la
producción de plumas? *

Answers

Answer:

Si se suman 3 trabajadores la producción será 5250 plumas.

Step-by-step explanation:

Inicialmente tenemos 6 trabajadores, al añadir 3 trabajadores más tendríamos ahora 9 trabajadores:

[tex] 6 + 3 = 9 [/tex]

Entonces, la producción de plumas (P) sería ahora:

[tex] P = \frac{3500}{6}*9 = 5250 [/tex]

Por lo tanto, si se suman 3 trabajadores la producción será 5250 plumas.

Espero que te sea de utilidad!                          

x = log e square root e
x=

Answers

Answer:

[tex]x=\frac{1}{2}[/tex]

Step-by-step explanation:

By definition, we have [tex]\log_a b=c\implies c^a=b[/tex].

Therefore, given [tex]\log_e \sqrt{e}=x[/tex], we have:

[tex]e^x=\sqrt{x}[/tex]

Solving, we have:

[tex]x=\boxed{\frac{1}{2}}[/tex]

(Recall that [tex]a^{(\frac{b}{c})}=\sqrt[c]{a^b}[/tex]).

Answer:

1/2

Step-by-step explanation:

Given :-

log e √e log e e ^½ 1/2 log e e 1/2 * 11/2

Which function represents the graph below?

Answers

Answer:

The answer is the third one below

Find the equation of the line tangent to y = sin(x) going through х = pi/4​

Answers

Answer:

[tex]\displaystyle y - \frac{\sqrt{2}}{2} = \frac{\sqrt{2}}{2} \bigg( x - \frac{\pi}{4} \bigg)[/tex]

General Formulas and Concepts:

Algebra I

Coordinates (x, y)

Functions

Function Notation

Point-Slope Form: y - y₁ = m(x - x₁)

x₁ - x coordinate y₁ - y coordinate m - slope

Pre-Calculus

Unit Circle

Calculus

Derivatives

The definition of a derivative is the slope of the tangent line

Derivative Notation

Trig Derivative:                                                                                                          [tex]\displaystyle \frac{d}{dx}[sin(u)] = u'cos(u)[/tex]

Step-by-step explanation:

Step 1: Define

Identify

[tex]\displaystyle y = sin(x)[/tex]

[tex]\displaystyle x = \frac{\pi}{4}[/tex]

Step 2: Differentiate

Trig Derivative:                                                                                                 [tex]\displaystyle y' = cos(x)[/tex]

Step 3: Find Tangent Slope

Substitute in x [Derivative]:                                                                              [tex]\displaystyle y' \bigg( \frac{\pi}{4} \bigg) = cos \bigg( \frac{\pi}{4} \bigg)[/tex]Evaluate [Unit Circle]:                                                                                       [tex]\displaystyle y' \bigg( \frac{\pi}{4} \bigg) = \frac{\sqrt{2}}{2}[/tex]

Step 4: Find Tangent Equation

Substitute in x [Function y]:                                                                             [tex]\displaystyle y \bigg( \frac{\pi}{4} \bigg) = sin \bigg( \frac{\pi}{4} \bigg)[/tex]Evaluate [Unit Circle]:                                                                                       [tex]\displaystyle y \bigg( \frac{\pi}{4} \bigg) = \frac{\sqrt{2}}{2}[/tex]Substitute in variables [Point-Slope Form]:                                                     [tex]\displaystyle y - \frac{\sqrt{2}}{2} = \frac{\sqrt{2}}{2} \bigg( x - \frac{\pi}{4} \bigg)[/tex]

Topic: AP Calculus AB/BC (Calculus I/I + II)

Unit: Derivatives

Book: College Calculus 10e

Solve, then check algebraically and graphically. 9x-3=78

Answers

Answer:

[tex]9x - 3 = 78 \\ 9x - 3 + 3 = 78 + 3 \\ 9x = 81 \\ \frac{9x}{9} = \frac{81}{9} \\ x = 9[/tex]

Answer:

[tex]9x - 3 = 78 \\9 x = 78 + 3 \\ 9x = 81 \\ x = \frac{81}{9} \\ x = 9[/tex]

Sam thinks of a 4 digit number. The digit in the one’s place is 3 less than the digit in the ten’s place and digit in thousand’s place is 5 less than the digit in hundred’s place. The value of the hundred’s place is 800. The digit in ten’s place is the greatest even number. What is the number Sam is thinking of?

Answers

9514 1404 393

Answer:

  3885

Step-by-step explanation:

The hundreds digit is 8, and the thousands digit is 5 less, so is 3.

The tens digit is 8 (the largest even digit), and the ones digit is 3 less, so is 5.

The number is ...

  3885

Which list shows the following numbers in order from least to greatest: -15, 8, 4, -3, -7,

4, 8, -15, -7, -3

-15, 8, 4, -3, -7.

-15.-7.-3, 4.8

-15.-3, 4, -7.8

Answers

-15 , -7 ,-3 , 4 , 8 is the answer

what tearm means per hundred
a.base b.percent c.percentage d.rate​

Answers

the term per hundred means percent

hope it helps

Answer:

C. Percent

Explanation:

per hundred means 1 in 100. percent is referring to the unit that is 1 in 100 of another value

1ex. 1% of 100 (1 percent of 100)

2ex. 49% of 235 (49 percent of 235)

What is the slope of a line perpendicular to the line whose equation is 2x+4y=-642x+4y=−64. Fully simplify your answer.

Answers

9514 1404 393

Answer:

  2

Step-by-step explanation:

Solving the given equation for y, you have ...

  2x +4y = -64

  4y = -2x -64

  y = -1/2x -16

The coefficient of x is the slope of the given line: -1/2. The slope of the perpendicular line is the opposite reciprocal of this:

  -1/(-1/2) = 2

The slope of the perpendicular line is 2.

what is the formula for triangle​

Answers

Answer:

A = 1/2 b × h

Step-by-step explanation:

hope it helps !!!!

Answer:

The formula for the area of a triangle is 1/2bh.  

I forgot how to solve these and it won't let me go to the tutor ​

Answers

9514 1404 393

Answer:

  see attached

Step-by-step explanation:

I find a graphing calculator to be the quickest way to create a graph of a system of equations. That result is attached.

__

If you want to graph the equations by hand, you need to know a couple of points on each line. When the equations are in slope-intercept form, the y-intercept is often a good place to start. Another point is usually easy to find based on the slope of the line, starting at the y-intercept.

__

Here, the equations are not in that form, but are in the form ax+by=c. In this form, it is often easy to find both the x- and y-intercepts and use those points to plot the line. Each intercept is found by setting the other variable to zero.

  x-intercept: c/a

  y-intercept: c/b

__

For the given lines, the first equation has intercepts (2, 0) and (0, 2). The line has a slope of -1 and makes an isosceles triangle with the axes in the first quadrant.

The second equation has intercepts (-1, 0) and (0, 2). This line has a slope of +2 and makes a triangle with the axes in the second quadrant.

Coliform bacteria are randomly distributed in a river at an average concentration of 1 per 20cc of water. What is the variance of the number of Coliform bacteria in a sample of 40cc of water

Answers

Answer:

[tex]Var = 1.9[/tex]

Step-by-step explanation:

Given

[tex]p = \frac{1}{20}[/tex]  i.e. 1 per 20cc of water

[tex]n = 40[/tex] -- sample size

Required

The variance

This is calculated using:

[tex]Var = np(1 - p)[/tex]

So, we have:

[tex]Var = 40 * \frac{1}{20} * (1 - \frac{1}{20})[/tex]

[tex]Var = 40 * \frac{1}{20} * \frac{19}{20}[/tex]

[tex]Var = 2 * \frac{19}{20}[/tex]

[tex]Var = \frac{38}{20}[/tex]

[tex]Var = 1.9[/tex]

An important factor in selling a residential property is the number of times real estate agents show a home. A sample of 15 homes recently sold in the Buffalo, New York, area revealed the mean number of times a home was shown was 24 and the standard deviation of the sample was 5 people.
a. What is the margin of error for a 98% confidence interval? (Round your answer to 3 decimal places.)
b. What is the 98% confidence interval for the population mean? (Use Student's t Distribution Table.) (Round your answers to 2 decimal places.)

Answers

Answer:

a) The margin of error for a 98% confidence interval is of 3.388 people.

b) The 98% confidence interval for the population mean is between 20.61 people and 27.39 people.

Step-by-step explanation:

We have the standard deviation for the sample, which means that the hypergeometric distribution is used to solve this question.

The first step to solve this problem is finding how many degrees of freedom, we have. This is the sample size subtracted by 1. So

df = 15 - 1 = 14

98% confidence interval

Now, we have to find a value of T, which is found looking at the t table, with 14 degrees of freedom(y-axis) and a confidence level of [tex]1 - \frac{1 - 0.98}{2} = 0.99[/tex]. So we have T = 2.624

The margin of error is:

[tex]M = T\frac{s}{\sqrt{n}} = 2.624\frac{5}{\sqrt{15}} = 3.388[/tex]

In which s is the standard deviation of the sample and n is the size of the sample. This means that the answer to question a is of 3.388.

Question b:

The lower end of the interval is the sample mean subtracted by M. So it is 24 - 3.39 = 20.61 people

The upper end of the interval is the sample mean added to M. So it is 24 + 3.39 = 27.39 people.

The 98% confidence interval for the population mean is between 20.61 people and 27.39 people.

Which equation has the least steep graph?

Answers

9514 1404 393

Answer:

   C.  y = 1/2x +2

Step-by-step explanation:

The magnitude of the slope is the measure of "steepness." The slope is the coefficient of x in these equations. Here those values are ...

  4, 3/4, 1/2, 10

Of these, 1/2 is the smallest (least steep). 1/2 is the slope in the equation ...

  y = 1/2x +2

Which angle is complementary to angle CFD ?

Answers

Answer:

∠DFE

Step-by-step explanation:

Complementary angles are angles that have a sum of 90°. Since there is a box on angle ∠CFB, we can infer that ∠CFE is also 90°. This is because the two are supplementary (equal 180°). Therefore, ∠DFE is the other part of ∠CFD that would complete the 90° pair.

f(x,y)=x10-3xy2then fz=

A. 10 x9 - 3y2
B. 20 x9 - 3y2
C. 2y2
D. 10x10 + xy2
which option is correct please

Answers

Given:

The function is:

[tex]f(x,y)=x^{10}-3xy^2[/tex]

To find:

The value of [tex]f_x[/tex].

Solution:

We need to find the value of [tex]f_x[/tex]. So, we have to find the first order partial derivative of the given function with respect to x.

We have,

[tex]f(x,y)=x^{10}-3xy^2[/tex]

Differentiate partially with respect to x.

[tex]f(x,y)=\dfrac{\partial}{\partial x}x^{10}-3y^2\dfrac{\partial}{\partial x}x[/tex]

[tex]f_x=10x^{10-1}-3y^2(1)[/tex]

[tex]f_x=10x^{9}-3y^2[/tex]

Therefore, the correct option is A.

$66.25 divided among 4 people

Answers

the actual answer would be $16.5625 but you can just say $16.5

The following data show the number of cars passing through a toll booth during a certain time period over 15 days. 18 19 17 17 24 18 21 18 19 15 22 19 23 17 21 Identify the corresponding dotplot.

Answers

Answer: third from the top

Step-by-step explanation:

The correct answer is third from the top.

Arranging numbers in ascending order:

15 17 17 17 18 18 18 19 19 19 21 21 22 23 24

Let's count how many times each number occurs in this series of numbers.

row of numbers

15 +

16 not

17 + + +

18 + + +

19 + + +

20 not

21 + +

22 +

23 +

24 +

25 not

Which table represents a linear function?
Х
1
2
3
4
y
3
6
12
24
х
1
2
3
4
у
2.
5
9
14
х
1
2
3
4
у
-3
-5
-7
-9
х
1
2
3
4
у
-2
-4
-2
0

Answers

Answer:

3

Step-by-step explanation:

x 1,2,3,4

y-3,-5,-7,-9

[tex]y = - 3 - (x - 1) \times 2[/tex]

The linear function is given by y = 7x - 4

A linear function is in the form:

y = mx + b

where y, x are variables, m is the rate of change and b is the y intercept

From the table, using the points (1, 3) and (4, 24):

[tex]y-y_1=\frac{y_2-y_1}{x_2-x_1} (x-x_1)\\\\y-3=\frac{24-3}{4-1}(x-1)\\\\ y=7x-4[/tex]

The linear function is given by y = 7x - 4.

Find out more on linear function at: https://brainly.com/question/4025726

A public opinion survey is administered to determine how different age groups feel about an increase in the minimum wage. Some of the results are shown in the table below.
For Against No Opinion
21-40 years 20 5
41-60 years 20 20
Over 60 years 55 15 5
The survey showed that 40% of the 21 - 40 year-olds surveyed are against an increase, and 15% of the entire sample surveyed has no opinion. How many 21 - 40 year-olds surveyed are for an increase? How many 41 - 60 year-olds are against an increase?

Answers

Answer:

25 ; 35

Step-by-step explanation:

Given :

____________For __ Against __ No Opinion

21-40 years _________20 _______5

41-60 years ___20 ______________20

Over 60 years _55____ 15________ 5

Given that :

40% of 21-40 are against

Then :

40% = 20

To a obtain 100% of 21 - 40

40% = 20

100% = x

Cross multiply

0.4x = 20

x = 20/0.4

x = 50

100% of 21 - 40 = 50 people

For = 50 - (20 + 5)

= 50 - 25

= 25

2.)

Total who have no opinion :

(5 + 20 + 5) = 30

30 = 15%

Total number surveyed will be , x :

30 = 15%

x = 100%

Cross multiply :

0.15x = 30

x = 30/0.15

x = 200

Number of 41 - 60 against an increase, y:

(25 + 20 + 5 + 20 + y + 20 + 55 + 15 + 5) = 200

165 + y = 200

y = 200 - 165

y = 35

For the diagram below, which equation is the correct use of the distance
formula?

Answers

9514 1404 393

Answer:

  D

Step-by-step explanation:

Any equation that does not have y2 as the first term in the second set of parentheses will be incorrect.

The correct usage is shown in equation D.

I think the answer is B


The total number of students enrolled in MATH 123 this semester
is 5,780. If it increases by 0.28% for the next semester, what will
be the enrollment next semester? Round to a whole person.

Answers

Answer:

5796 people

Step-by-step explanation:

.28 percent of 5780 is 16.184 so added 5,780+16.184=5,796.184 but rounded to a whole person is 5,796!

A rectangle has dimensions of 7 in. by 5 in. Consider the solid of revolution formed when the rectangle is rotated about its 7 in. side. What is the solid formed by the revolution?
cone cylinder What is the radius (in inches) of the base of the solid of revolution?
in What is the height (in inches) of the solid of revolution?
in Find the exact volume (in cubic inches) of the solid of revolution.

Answers

Answer:

(a) Cylinder, R = 5 in, H = 7 in

(b) Volume = 549.5 cubic inches

Step-by-step explanation:

length, L= 7 in

width, W = 5 in

(a) The solid is cylinder.

Radius, R = 5 in

(b) Height = 7 in

Volume of the cylinder

[tex]V = \pi r^2 h\\\\V = 3.14 \times 5 \times 5\times 7\\\\V = 549.5 in^3[/tex]

Yellowstone National Park is a popular held trip destination. This year the senior class at
High School A and the senior class at High School B both planned trips there. The senior
class at High School A rented and filed 2 vans and 3 buses with 153 students. High
School Brented and nited il vans and 10 buses with 534 students. Every van had the
same number of students in it as did the buses. Find the number of students in each van
and in each bus.
Van: 39
Bus: 18
Van: 21
Bus: 21
o
Van: 27
Bus: 19
.
Van: 18
Bus: 39

Answers

Answer:

Who was the first president of United States?

A bank records deposits as positive numbers and withdrawals as negative numbers.
Mike withdrew \$60$60dollar sign, 60 from his bank account 333 times.
What is the change in Mike's account balance after all 333 withdrawals?
\$$dollar sign

Answers

Answer:

i think that $19980 is the answer

Step-by-step explanation:

i hope it will help u

PLZ PLZ HELP
Mark is investing $47,000 in an account paying 5.26% interest compounded continuously.
What will Mark's account balance be in 17 years?
O $114,932.80
$114,925.39
$114,921.47
$114.925.46

Answers

Answer: Choice A) 114,932.80

===============================================

Work Shown:

A = P*e^(r*t)

A = 47000*e^(0.0526*17)

A = 114,932.799077198

A = 114,932.80

Notes:

P = 47,000 is the principal or amount depositedr = 0.0526 is the decimal form of 5.26%The "e" refers to the special constant e = 2.718... which is similar to pi = 3.14... I would let your calculator handle this constant. There should be a button labeled "e".

Mark's account balance after 17 years would be $114,932.8

What is the formula for the continuous compounding?

[tex]A=Pe^{rt}[/tex]

where,

A = Accrued amount

P = Principal amount

r = interest rate as a decimal

R = interest rate as a percent

r = R/100

t = time in years

For given question,

P = $47000, t = 17 years

R = 5.26%

[tex]\Rightarrow r =\frac{5.26}{100}\\\\\Rightarrow r = 0.0526[/tex]

Using the Continuous Compounding Formula,

[tex]\Rightarrow A=Pe^{rt}\\\\\Rightarrow A=47000\times e^{0.0526\times 17}\\\\\Rightarrow A=114932.8[/tex]

Therefore, Mark's account balance after 17 years would be $114,932.8

Learn more about the Continuous Compounding here:

https://brainly.com/question/24246899

#SPJ2

the perimeter of a rectangle garden is 330 feet. If the length of the garden is 94 feet , what is its width ?

Answers

Answer:

71 feet

Step-by-step explanation:

94×2=188

330-188=142

142÷2=71

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The impact of interest rate changes in the PV of $100 due in 20 years compared to the PV of $100 due in one year are: a. smaller because interest rate changes have a greater impact on the near-term cash flows than distant cash flows. b. the same because the cash flow is the same. c. greater because interest rate changes have a greater impact on distant cash flows than near-term cash flows. d. sometimes less and sometimes more depending on the interest rate. HELP PLEASE!! ASAP!!!!can some answer this 2 questions please as paragraph i want it nowww it is graded what action should be taken to make it safe ? also the first question "Any government that is willing to assist in the task of recovery will find full cooperation, I am sure, on the part of the United States Government. Any government which maneuvers to block the recovery of other countries cannot expect help from us. Furthermore, governments, political parties, or groups which seek to perpetuate human misery in order to profit therefrom politically or otherwise will encounter the opposition of the United States." From the Marshall Plan, 1947 How does this excerpt reflect the U.S. position in the world in the post-World War II period? (7 points) 1. The United States was attempting to establish itself as a leading international power but lacked the resources and leadership to back up its stated goals.2. The United States was in a favorable economic position to help Europe recover, which gave it the political power to direct related International negotiations. 3. The United States was eager to restore productivity in its trading partners but did not want to appear discriminatory when it refused assistance to certain enemies. 4. The United States was firmly accepted as the leading nation of the world by that point, and other nations saw its statements as potential threats to their own future security. Golf Scores In a professional golf tournament the players participate in four rounds of golf and the player with the lowest score after all four rounds is the champion. How well does a player's performance in the first round of the tournament predict the final score write a similar email to tell your friend about your free time X,Y and Z from a business with capitals Rs 5000,Rs.4500 and Rs.6500 respectively,after 6 month,X doubles has capital and after next 3 months Y trebles his capital .If the profit at the end of the year amount to RS.8300,find the profit obtained by each X,Y and Z.