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Anna11 [10]
2 years ago
7

A firm estimates that the absolute value of the price elasticity of demand for its signature sandwich is 2. If the firm increase

s its sandwich price by 10 percent, what will happen to the quantity demanded?
Mathematics
1 answer:
Aleksandr-060686 [28]2 years ago
5 0

Answer: The quantity demanded is decreased by 20%.

Step-by-step explanation:

Since we have given that

Price elasticity of demand = 2

Percentage change in price  = (+)10%

We need to find the percentage change in quantity demanded.

As we know the formula:

e_D=\dfrac{\text{\% change in quantity demanded}}{\text{\% change in price}}\\\\2=\dfrac{x}{10}\\\\x=20\%

As we know that there is inverse relationship between the price and quantity demanded.

Hence, the quantity demanded is decreased by 20%.

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Solve for z a(t+z)=45z+67
ladessa [460]
Solve for z a(t+z)=45z+67
1. Expand
at+az=45z+67

2. Subtract at from both sides
az=45z+67-at

3. Subtract 45z from both sides
az-45z=67-at

4. Factor out the common term z
z(a-45)=67-at

5. Divide both sides by a - 45
z= \frac{67-at}{ya-45}

Answer: 
z= \frac{67-at}{a-45}
6 0
2 years ago
Read 2 more answers
A turtle walks 7/8 of a mile in 50 minutes. What is the unit rate when the turtle’s speed is expressed in miles per hour?
yKpoI14uk [10]

Answer:

21/20

Step-by-step explanation:

a) One hour is equivalent to 60 minutes.

So we can multiply 50 minutes by the fraction \frac{1 hour}{60 minutes}, so we could convert 50 minutes to hours.

It is:

50 minutes * \frac{1 hour}{60 minutes}=\frac{50}{60}hours

If we simplify the fraction, we have:

50 minutes = \frac{5}{6}hours

b) In order to express the turtle's speed in miles per hour, we have to divide

\frac{7}{8}miles by  \frac{5}{6}hours

So:

\frac{\frac{7}{8}miles }{\frac{5}{6}hours }

We simplify the expression by multiplying 7 mile by 6 and 8 by 5 hours:

\frac{\frac{7}{8}miles }{\frac{5}{6}hours}=\frac{42 miles}{40 hours} =\frac{21 miles}{20 hours}

4 0
2 years ago
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Select the correct answer. Gary throws a parachute toy from the roof of a building which has a height of 96 feet. The toy reache
Artyom0805 [142]

Answer:

Z

Step-by-step explanation:

The height needs to start at 96

8 0
2 years ago
Use the drop-down menus to complete the paragraph proof. we are given that xy is parallel to zw. if xz is a transversal that int
adoni [48]

Solution:

x y ║ z w→→Given

Also, x z is a transversal, that intercepts x y and z w.

So, ∠ x z w=∠z x y→→Alternate interior angles as, x y ║ z w.

Also, v is point of intersection of x z and y w.

∠ x v y ≅ ∠ z v w→→[ Vertically opposite angles]

So,→→ Δ x y v ~ Δ z w v⇒⇒[Angle-Angle Similarity]




6 0
2 years ago
Read 2 more answers
There are 1,000 golden delicious and 1,000 red delicious apples in a cooler. In a random sample of 75 of the golden delicious ap
Delvig [45]

Answer:

98% confidence interval is (-0.105 , 0.265)

Step-by-step explanation:

n1 = 75          n2 = 75

X1 = 48          X2 = 42

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98% confidence interval for difference between two proportions is :

P1 - P2  <u>+</u>   Z \sqrt{P1 (1-P1)/n1  + P2 (1-P2)/n1}

= 0.08 <u>+</u> 0.185

= (-0.105 , 0.265)

98% confidence interval is (-0.105 , 0.265)

4 0
2 years ago
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