Divide the price by the number of months to find the monthly rate.
<span>$237.36 ÷ 24 = $9.89 per month </span>
<span>$184.50</span><span> ÷ 18 = $10.25 per month
The two year club, Aqua Plus is cheaper
</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:
Coldslaw
Step-by-step explanation:
Answer:
Total number of dogs is 5.
Step-by-step explanation:
Cups of food each dog gets=
Here,each dog eats two-third cups of dog food.
Amount of dog food used=
A total of three and one-third cups of food is used up.
Let the number of dogs be x.
To find the number of dogs,divide total dog food used by the amount of dog food eaten by each dog.
Hence, x =
x =
x =5