4.509 is greater that 4.508 and less than 4.512
Answer:gui
Step-by-step explanation:
We can let r be the number of food tickets and f be the number of food tickets.
Since Alana can spend at most $40, that means the total of price bought for r and f must be less than or equal to $40. In addition, since Alana buys at least 16 tickets, this also means that the total of r and f is 16. Mathematically, we have these inequalities:
(1) 4r + 2f ≤ 40 and
(2) r + f ≥ 16
Multiplying -2 in (2), we have
4r + 2f ≤ 40
-2r - 2f ≤ 32
Adding both inequalities,
2r ≤ 8
r ≤ 4
Since r must be less than or equal to 4.Thus the answer is <span>A.</span>
Answer:
Cross price elasticity using midpoint method = 0.56
Step-by-step explanation:
Using the mid-point method
Cross-price Elasticity of Demand = <u>% change in Quantity demanded of UPS</u>
% change of price of FedEx
%change in Quantity demanded of UPS
using Mid-point method = <u> Q2-Q1 </u> × 100
(Q1+Q2)÷ 2
= <u>1.3-1.2 </u> × 100
(1.2+1.3)÷2
= <u>0.1 </u> × 100
1.25
= 8%
% change in price of FedEx
using midpoint method =<u> P2-P1 </u>× 100
(P1+P2)÷ 2
=<u> 75-65 </u>× 100
(65+75)÷2
=<u> 10 </u> × 100
70
= 14.28%
Cross-price Elasticity of Demand = 8% ÷ 14.28%
using midpoint method = 0.56
Answer:
C
Step-by-step explanation:
12 oatmeal cookies divided by 3 sugar cookies is 4. AKA there are 4 groups of 3.