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slava [35]
2 years ago
15

The demand function for a certain make of exercise bicycle sold exclusively through cable television is p=9−0.02x−−−−−−−−√(0≤x≤4

50) where p is the unit price in hundreds of dollars and x is the quantity demanded per week. Compute the elasticity of demand and determine the range of prices corresponding to inelastic, unitary, and elastic demand. Hint: Solve the equation E(p)=1.

Mathematics
1 answer:
nirvana33 [79]2 years ago
7 0

Answer:

Step-by-step explanation:

  • The concept of demand is applied, demand may be elastic, inelastic and unitary as the detailed steps and calculations is as shown in the attached file.
  • For elastic demand, P > 1
  • For inelastic demand, P < 1
  • For unitary, P = 1

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In a study of exercise, a large group of male runners walk on a treadmill for six minutes. Their heart rates in beats per minute
Vera_Pavlovna [14]

Answer:

a) 1.88% percent of the runners have heart rates above 130.

b) 50% percent of the nomrunners have heart rates above 130.

Step-by-step explanation:

Problems of normally distributed samples can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

(a) What percent of the runners have heart rates above 130?

In a study of exercise, a large group of male runners walk on a treadmill for six minutes. Their heart rates in beats per minute at the end vary from runner to runner according to the N(104,12.5) distribution. This means that \mu = 104, \sigma = 12.5.

This percentage is 1 subtracted by the pvalue of Z when X = 130.

Z = \frac{X - \mu}{\sigma}

Z = \frac{130 - 104}{12.5}

Z = 2.08

Z = 2.08 has a pvalue of 0.9812.

This means that 1-0.9812 = 0.0188 = 1.88% percent of the runners have heart rates above 130.

(b) What percent of the nonrunners have heart rates above 130?

The heart rates for male nonrunners after the same exercise have the N(130, 17) distribution. This means that \mu = 130, \sigma = 17.

This percentage is 1 subtracted by the pvalue of Z when X = 130.

Z = \frac{X - \mu}{\sigma}

Z = \frac{130 - 130}{17}

Z = 0.00

Z = 0.00 has a pvalue of 0.5000.

This means that 1-0.50 = 0.50 = 50% percent of the nomrunners have heart rates above 130.

4 0
2 years ago
The graph of the function f(x) = −3x2 − 3x + 6 is shown. Which statements describe the graph? Select three options. On a coordin
34kurt

Answer:

On a coordinate plane, a parabola opens down

has a vertex at (negative 0.5, 6.75)

The vertex is the maximum value. The axis of symmetry is x = negative one-half.

The domain is all real numbers

Step-by-step explanation:

6 0
2 years ago
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Find a right triangle that has legs with your irrational Lengths and a hypotenuse with a rational Length
cluponka [151]

gg easy


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if we say a^2=19 and b^2=6 then we get

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Helena needs 3.5 cups of flour per loaf of bread and 2.5 cups of flour per batch of muffins. She also needs 0.75 cup of sugar pe
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With the choices you gave, the answer to this question is the first statement, "2 loaves of bread and 4 batches of muffins''. I arrived with the answer through multiplying the amount of flour and sugar required for each loaf of bread and batch of muffins. 
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Heidi, a jewelry salesperson, earns a commission of $55 every time she sells a diamond ring. How many rings does she have to sel
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$605 / $55 = 11

She will have to sell 11 rings to earn $605.

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Hope this Helps!!


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2 years ago
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