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
<span><span>Price after trade discount = $14,000 - (40% trade discount)
Price after trade discount = $14,000 - ($14,000 * 0.4)
Price after trade discount = $14,000 - ($5,600)
Price after trade discount = $8,400 </span>Price after trade discount = $8,400
2/10 EOM price = $8,400 - (2% discount)
2/10 EOM price = $8,400 - ($8,400 * 0.02)
2/10 EOM price = $8,400 - ($168)
2/10 EOM price = $8,232
So Intel will pay $8,232 on August 5.
Hope this helps.
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If the acceptable percent error is 2.5%, then the amount it can be over or under 16 oz is 0.4oz.
16 + 0.4
16 - 0.4
16.4 is the greatest, 15.6 is the least
Answer:
The value is 
Step-by-step explanation:
From the question we are told that
The mean is 
The standard deviation is 
The safest water level is between 7.2 and 7.8
Generally the probability that the selected pool has a pH level that is not considered safe is mathematically represented as
Here
Generally 
So
=> 
From the z-table the probability of (Z < -1.5) and ( Z <1.5) are
and
So
So
=>
