Question

Directions: I would like work shown and when the answer is acquired please circle it. 1)...

Directions: I would like work shown and when the answer is acquired please circle it.

1) When the price of notebooks falls from 5 to 1, the quantity demanded of notebooks rises from 141 to 277. What is the price elasticity of demand of notebooks? (Enter your answer as a decimal rounded to two decimal places, not a fraction and do not put a negative sign)

Directions: I would like work shown and when the answer is acquired please circle it.

2) When the price of DVDs falls from 10 to 8, the quantity supplied of DVDs falls from 379 to 211. What is the price elasticity of supply of DVDs? (Enter your answer as a decimal rounded to two decimal places, not a fraction)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

in 1: Initial Price (P;) = $5; Initial cuantity (ai)= 140 final Price (Pf) = $1; final durantity (g) = 277 Elasticity of dema

Add a comment
Know the answer?
Add Answer to:
Directions: I would like work shown and when the answer is acquired please circle it. 1)...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • When the price of DVDs falls from 10 to 8, the quantity supplied of DVDs falls...

    When the price of DVDs falls from 10 to 8, the quantity supplied of DVDs falls from 398 to 216. What is the price elasticity of supply of DVDs? (Enter your answer as a decimal rounded to two decimal places, not a fraction)

  • I need the answer as soon as possible please. Directions: shown all work (on back if...

    I need the answer as soon as possible please. Directions: shown all work (on back if necessary). Include appreciate units. Box your answer A heat engine uses 120mg of helium (a monatomic gas, M = 4g/mol) as its working substance and follows the process shown. How many moles of gas are there?.

  • WIFO, LIFO, Weighted Average options accepted! I would like to have work shown for this please!!...

    WIFO, LIFO, Weighted Average options accepted! I would like to have work shown for this please!! The ledger of Oriole Company has the following work in process account. ? Work in Process-Painting 5/1 Balance 3,690 5/31 Transferred out 5/31 Materials 5,980 5/31 Labor 4,478 5/31 Overhead 1,980 5/31 Balance Production records show that there were 500 units in the beginning inventory, 30% complete, 1,600 units started, and 1,500 units transferred out. The beginning work in process had materials cost of...

  • I would please like these questions answered with work shown on how to solve it Part...

    I would please like these questions answered with work shown on how to solve it Part 1 Directions: For 1-10, determine the derivative, dy, of each. You do nļot need to simplify! dx 1. y= 2x4 – x²+x-3 2. y=5* 3. y= 23x4+1 4. y = 2ln(x²+2x+1) 5. y= xe 6. y= r - 2x et +1 7. y= 2 cos x -sin x 8. y=(x + cos x) 9. y= cos(x²) x-1 10. y=2(sin(e)) 10.

  • Please check and correct my work and answer the rest. Thank you :) 8. Calculating inflation...

    Please check and correct my work and answer the rest. Thank you :) 8. Calculating inflation using a simple price index Consider a fictional price index, the College Student Price Index (CSPI), based on a typical college student's annual purchases. Suppose the following table shows information on the market basket for the CSPI and the prices of each of the goods in 2010, 2011, and 2012 The cost of each item in the basket and the total cost of the...

  • HELP PLEASE WITH WORK SHOWN A distribution of values is normal with a mean of 170...

    HELP PLEASE WITH WORK SHOWN A distribution of values is normal with a mean of 170 and a standard deviation of 12. From this distribution, you are dra wing samples of size 37. Find the interval containing the middle-most 50% of sample means Enter your answer using interval notation. In this context, either inclusive or exclusive intervals would be acceptable. Your numbers should be accurate to 1 decimal places. Answers obtained using exact z-scores or z-scores rounded to 3 decimal...

  • please do not answer question if unsure & show work, first question must bw written as...

    please do not answer question if unsure & show work, first question must bw written as a fraction Approximate the area under the parabola y = 16 - x? from 0 to 4, using six equal subintervals. The approximate area is (Simplify your answer.) 2 Approximates 2x dx using three equal subintervals. - 1 An approximation for the integral using three equal subintervals is . (Type an integer or decimal rounded to three decimal places as needed.)

  • Show all work and explain please. For multiple choice questions, circle the one best answer or...

    Show all work and explain please. For multiple choice questions, circle the one best answer or letter (unless more than one answer is asked for). Show your work 011 free-response questions. Be sure to use proper units and significant figures in your final answers. Organization and neatness count, too. Do NOT use red ink - please reserve that color for grading. Suppose that a more massive planet M_1 and a less massive planet M_2 are located distance d apart, as...

  • please solve Q20 Month Pxx PY Y Pz Qz an Feb Mar Apr May $10 100...

    please solve Q20 Month Pxx PY Y Pz Qz an Feb Mar Apr May $10 100 $20 90 70 50 25 200 25 225 25 275 25 290 25 320 50 $25 60 90 10 10 12 15 18 15 15 100 15 120 Use the data from February and March. In the above table, the cross price elasticity of demand for good Z with good Y when PY falls from $18 (old price) to $15 (new price) is to...

  • PLEASE answer ALL questions Answer All Questions (100 points) 1. Given the following diagrams: Q-20 bags....

    PLEASE answer ALL questions Answer All Questions (100 points) 1. Given the following diagrams: Q-20 bags. O2-15 bags. Os-27 bags. The market equilibrium price is $45 per bag. The price at point a is $85 per bag. The price at point c is $5 per bag. The price at point d is $55 per bag. The price at point e is $35 per bag. The price at point fis $59 per bag. The price at point g is $31 per...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT