The midpoint formula is used to calculate elasticity because it overcomes the limitations of the traditional method.
The old point-slope method has significant drawbacks that are overcome by the midpoint formula, which determines the elasticity of demand. The elasticity of demand refers to how sensitively a good's quantity desired is to a price shift. Inelastic goods are those in which a little price shift causes a large change in quantity demanded, while elastic goods are those in which a small drop causes a small change in quantity demanded.
The conventional point-slope formula for elasticity employs the change in quantity and price at a particular point, which might be deceptive in some circumstances. Contrarily, the midpoint formula determines the elasticity of demand by averaging the quantity and price at the beginning and end and utilising the percentage change in both.
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I need help on this.. And I will give you a BRANILIST if you the first one with the right answer
Answer:
0.1
Step-by-step explanation:
(9,4) (5,1) [tex]\frac{y_{2} y_{1} }{x_{2} x_{1} }[/tex], plug in the numbers, [tex]\frac{(1)(4)}{(5)(9)}[/tex]= [tex]\frac{4}{40} or \frac{1}{10}[/tex], to write it as a decimal, you divide the numerator by the denominator, 0.1
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Answer:
easy third one also plz give heart
Step-by-step explanation:
i just know
in an assignment and need help with this question
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Select ALL the correct answers.
With which information can you construct more than one triangle?
the measurements of two angles
the measurements of two angles and the length of the included side
the measurements of all the angles
the lengths of two sides and the measurement of the included angle
Answer:
a b and d
Step-by-step explanation:
Answer:
the measurements of two angles
the measurements of two angles and the length of the included side
the lengths of two sides and the measurement of the included angle
Step-by-step explanation:
Rewrite the equation 2x + 3y = 6 in slope-intercept form.
3y = -2x + 6
y= -2x+6
y= - 2/3 x+2
y = 2x+6
Someone help please
A Lamborghini is worth $700,732 if the tax of this car is 5% what would be the full price?
The area of a square field is (49m^2 - 42m + 9) square units. find the dimensions of the field. ( STEP BY STEP EXPLANATION)
Answer:
(7m−3)(7m−3)
Step-by-step explanation:
Factor 49m2−42m+9
49m2−42m+9
=(7m−3)(7m−3)
cuál es el siguiente número de -10
Answer:
en los números negativos es opuesto a los positivos es decir en los positivos después del 302 ira el 303 encambio en los negativos del
-10 irá el -9
Simplify the expression -2.2f+0.5f-13-3
Answer:
-1.7f - 16
General Formulas and Concepts:
Pre-Algebra
Order of Operations: BPEMDAS
Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to RightAlgebra I
Terms/CoefficientsStep-by-step explanation:
Step 1: Define
-2.2f + 0.5f - 13 - 3
Step 2: Simplify
Combine like terms (f): -1.7f - 13 - 3Combine like terms (Z): -1.7f - 16Samuel Morse determined that the percentage of t's being used in the English language in the 1800's was 9%. A random sample of 600 letters from a current newspaper contained 48 t's. Test the claim that the proportion of t's has changed in modern times, using the current newspaper data and a significance level of 0.05
Answer:
There is insufficient evidence to indicate that the population proportion of t’s in modern newspaper is different from 0.09. The result is not statistically significant
Step-by-step explanation:
H0 : p0 = 0.09
H1 : p0 ≠ 0.09
Sample size, n = 600 ; α = 0.05
Decision region
Zstatistic < Zcritical ; reject H0
P = 48 / 600 = 0.08
Zstatistic = (p - p0) ÷ sqrt((p0(1 - p0)) /n)
Zstatistic = (0.08 - 0.09) ÷ sqrt(0.09(0.91))/600)
Zstatistic = - 0.01 /0.0116833
Zstatistic = - 0.856
Zcritical at 0.05, = - 1.96
Zstatistic > Zcritical
-0.856 > - 1.96
Hence, we fail to reject the Null
If 80 = y, then y = 80
Answeryes
Step-by-step explanation:
Please help
(10 points)
A bill for dinner at a restaurant is $98.87. A 15% tip for the server is added
to the bill. What is the total amount of the bill?
A $100.37
B $109.26
$113.70
D $113.87
Solve using substitution. x − 6y = –8 x + 6y = 16 please help imma fail
Answer:
x=−16/7
Step-by-step explanation:
happy to help ya :)
Answer:
x = 4, y = 2
Step-by-step explanation:
x - 6y = - 8 is the same as x = 6y - 8
sub that into x + 6y = 16 :
6y - 8 + 6y = 16
12y = 16 + 8
y = 2
sub that into x = 6y - 8:
x = 12 - 8 = 4
1. What is the circumference of the circle
below
(18 m
C 113 m
A 36 m
B 56.5 m
D 324 m
I’m stuck I need help please.
Answer:
6
Step-by-step explanation:
30+25n=90+15n
10n=60
n=6
Answer:
She would have to buy 4 personal training sessions
Step-by-step explanation:
30 + 25 + 25 + 25 (3 training sessions)
= 105
90 + 15 (1 training session)
= 105
Solve for x Round to the nearest 100th if needed.
x/13 + 18 = 49
Answer:
2.4
Step-by-step explanation:
X=49-18/13
X=31/13
X=2.38
Jana has $10. She wants to buy a bottle of nail polish for $9.50. The sales tax is 7%. Does she have enough money?
Answer:no, she would be 17 cents short
Step-by-step explanation:
Answer:
No.
Step-by-step explanation:
Compute the tax =
9.50 * 7% = 9.5 * .07 or 66.5 cents.
Since she only has $10, she does not have enough money.
Can someone help me please
Answer:
X=3-(y/2)=8
Step-by-step explanation:
suppose the numbers is X
3 less than half the product of a number is 8
X= 3- (y/2)=8
How do I write the sum of 1 and q as an algebraic expression?
Answer:
1+Q
Step-by-step explanation:
Answer:
1 + q
Step-by-step explanation:
since sum means to add, and they give the values of 1 and q, we just need to plug it in.
Find the equation of the linear function represented by the table below in slope-intercept form.
Answer: The equation is y = 3x + 3
Step-by-step explanation:
I need help with math if you don't know the answer get out of the question and don't answer it and give the wrong answer or some link or even say "I don't know" or anything like that it's not fair to me cause it a waste of my points I will report your if you do that :) have a nice day and stay safe
Answer:
1 4/6 inches
Step-by-step explanation:
10/6= 1 4/6 inches
Hope it helps!!
I NEED HELP PLEASE ASAP, It's due soon.
Graph the following equation:
Graph f(x)= -2^x-2
Answer:
Step-by-step explanation:
PLEASE HELP!!
Find the 14th term of the sequence: 2,4,8,16...
Answer:
16384
Step-by-step explanation:
You have to find 2 to the 14th power (that's the rule)
Hope that helps!
the pythagorean theorem states that a^2 + b^2 = c^2 If A and B represent the length of the legs of a right triangle and C represents the length of the hypotenuse. Find the length of the hypotenuse Is the length of the legs are 9cm and 12cm.
Answer:
25 or 50 points is that if 25 or 20 im not
Answer:
The hypotenuse equals 15cm
what is 3 + 7 -90+180
Answer:
100
Step-by-step explanation:
3+7=10
-90+180=90
10+90=100
The length of a rectangle is 5 centimeters more than the width.
The area of the rectangle is 36 square centimeters.
What is the length?
Answer:
Length is 4 centimeters
Step-by-step explanation:
4 x (4 + 5)
4 x 9
36
Please help, and plz don't be saying this is the right answer if u dont know for sure.
Answer:
135 degrees
Step-by-step explanation:
(8x-7)+(12x+57)=180
combine like terms
20x+50 = 180
subtract 50 on both sides
20x = 130
divide by 20
x = 130/20
x = 13/2
x = 6.5
cpq = 12x+57
cpq = 78 + 57
cpq = 135
A six-sided Fair number cubis rolled 100 times as part of an experiment. The frequency of the role of the number 3 is 20. W hich statement about rolling a 3 is correct
Answer:
The Theoretical probability is 1/6.
The experimental probability is 1/5
Step-by-step explanation:
Given
Rolls: 100
Outcome of 3 : 20
Required
Which of the options is true (See attachment for options)
From the attachment, we understand that the question requires that we calculate the experimental and theoretical probability.
The experimental probability (E) is calculated as thus:
[tex]E = \frac{Outcomes}{Total\ Rolls}[/tex]
[tex]E = \frac{20}{100}[/tex]
[tex]E = \frac{1}{5}[/tex]
The theoretical probability (T) is calculated as thus:
A cube has 6 faces, one of which is the face 3.
So, T is:
[tex]T = \frac{n(face\ 3)}{n(Total)}[/tex]
[tex]T = \frac{1}{6}[/tex]
Hence, C is true