Mathematics, 01.09.2020 23:01 gabby640
School organizations raise money by selling candy door to door. The table shows p, the price of the candy, and q. the quantity sold at that price. a) Estimate the elasticity of demand at a price of $1.00. At this price, is the demand elastic or inelastic? b) Estimate the elasticity at each of the prices shown. What do you notice? Give an explanation for why this might be so. c) At approximately what price is elasticity equal to 1? d) Find the total revenue at each of the prices shown. Confirm that the total revenue appears to be maximized at approximately the price where E = 1.
Answers: 1
Mathematics, 21.06.2019 17:00
Asif spent $745.10 on 13 new file cabinets for his office. small file cabinets cost $43.50 and large file cabinets cost $65.95. write and solve a system of equations to find the number of small cabinets and large cabinets he purchased. determine if each statement is true or false. 1. he purchased 5 small cabinets. true or false 2. he purchased 7 large cabinets. true or false 3. he spent $527.60 on large cabinets. true or false
Answers: 2
Mathematics, 21.06.2019 21:30
The perimeter of a rectangular lot of land is 436 ft. this includes an easement of x feet of uniform width inside the lot on which no building can be done. if the buildable area is 122 ft by 60 ft, determine the width of the easement. select one: a. 9 feet b. 18 feet c. 4.5 feet d. 7 feet
Answers: 3
School organizations raise money by selling candy door to door. The table shows p, the price of the...
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