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: 2
<u>Explanation:</u>
A pond had 60 fish but 10 were added so now the pond has 70 fish.
The probability of choosing a carp is 1/2 so
= 35 are now carp.
There were 27 carp and now there are 35 carp so 8 carp were added.
10 fish were added and 8 of them were carp so 2 of them were tench.
Answer: We can arrange the steps with help of below explanation.
Step-by-step explanation:
Here ABC is a triangle,
Draw a perpendicular from BD to side AC ( construction)
where 
In the right triangle BCD, from the definition of cosine:
cos C =CD/ BC
CD= a cos C
Subtracting this from the side b, we see that
DA= b-acos C
In the triangle BCD, from the definition of sine:
sin C =BD / a
BD = a sin C
In the triangle ADB, applying the Pythagorean Theorem
Substituting for BD and DA from (2) and (3)
⇒
( On simplification)
⇒
⇒
⇒
(because,
)