Answer:
The answer to the following question is: (-9.34)
Explanation:
Given that:
p = -0.07 x^2 - 0.7x + 6
The price elasticity of demand = ( change in quality / change in price)
= (dp / dx) (x/p)
= d / dx (-0.07 x^2 - 0.7x + 6) x / p
= (-0.14x - 0.7) x/ (-0.07 x^2 - 0.7x + 6)
elasticity = (-0.14x^2 - 0.7x) / (-0.07 x^2 - 0.7x + 6)
at x=5;
elasticity = (-0.14(5)^2 - 0.7(5)) / (-0.07 (5)^2 - 0.7(5) + 6)
= (-3.5 - 3.5) / (-1.75 - 3.5 + 6)
= -7/ 0.75 = -9.333
= -9.34
Answer:
Ending inventory at retail = $902,000
Ending inventory at cost = $550,424
Explanation:
Kindly check attached picture
A .
<span>designing systems, scheduling projects, and supervising workers</span>
<span>The defendant seeks to offer into
evidence the fact that the mayor was convicted two years ago of taking a bribe
to award a city contract for solid waste disposal. Yes, this is a documentary evidence
and is admissible because the mayor is already proven convicted of corruption.</span>
Explanation:
If my friend wants to invest her $5000 and asks recommendations from me, then the main question i ask from her would be how much risk she is ready to take. There are different investment opportunities depending upon the level of risk a person is willing to take. If my friend would like to go safe and doesn't need any risk in her investment, then i would recommend her to buy Treasury Bills for long term investment. There would be no risk involved. Secondly i may ask her to put her money in the saving account to enjoy interest money while keeping the principal amount safe. Thirdly i may ask her to invest in real estate for long term. Again the risk would be minimal. But if she wants to take risks, i would ask her to invest in the short term stocks and keep an eye on the movement of the stocks to get profit. Secondly i may ask her to invest in the foreign exchange market, in currencies or in commodities to get benefits on the rule of high risk high return.
So these are some recommendations for her on the basis of the risk she wants to take.
