Compute the elasticity of demand

Assignment Help Mathematics
Reference no: EM13196926

The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.

Compute the elasticity of demand when x = 10. (Round your answer to two decimal places.)

 

Reference no: EM13196926

Questions Cloud

Define a new function called diamond-sine : Let diamond-sin(t) give the y-coodinate of a point that is t units counterclockwise along the perimeter of the diamond from the point (1,0).
State the difference between the rows of the periodic table : The principle quantum number defines the shell (which is roughly, but not quite exactly, the row, or period, of the periodic table). Demonstrate the difference between the rows of the periodic table
Find the final velocity of protons : Protons are accelerated from rest through a potential difference of 20,000 volts. Find the final velocity of protons.
Calculate its volume with an integral : if you make it 9 cm deep and give the sphere a radius of 16 cm. To be sure, you picture the wok as a solid of revolution, and calculate its volume with an integral. To the nearest cubic centimeter, what volume do you really get?
Compute the elasticity of demand : The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
Express the hydrostatic force against one side : A triangle with base 1 m and height 3 m is submerged vertically in water so that the tip is even with the surface. Express the hydrostatic force against one side of the plate as an integral and evaluate it. (Give your answer correct to the nearest..
What is the probability that all would be wearing their seat : Eighty percent of all California drivers wear seat belts if three drivers are pulled over what is the probability that all would be wearing their seat belts?
Does this sample provide evidence : U.C.L.A. states that at least 40% of the students live on campus. From a sample of 250 students, 90 live on campus. Does this sample provide evidence that fewer than 40% live on campus? Conduct the test with a=0.01.
Find the rate at which the distance from the plane : A plane flying horizontally at an altitude of 7 mi and a speed of 500 mi/h passes directly over a radar station. Find the rate at which the distance from the plane to the station is increasing when it is 10 mi away from the station. (Round to the ..

Reviews

Write a Review

Mathematics Questions & Answers

  Compute the maximum volume of such a box

A rectangular box without a lid is to be made from( 12 m^2 ) of cardboard. Compute the maximum volume of such a box using a method of Lagrange Multipliers.

  Find the degrees of angle a and b

If, in a special right triangle the sides are denoted by "a, b, c" and the angles are denoted by "A, B, C" If I knew only C was 90 degrees, that a was 6 units long and b was 13 units long. How would I be able to find the degrees of Angle A and B?

  How many drivers must they have

A package delivery company has determined that they can meet their schedules if they have 4 drivers for every 30 square miles of area they cover. If they want to offer service to a county of 75 square miles, how many drivers must they have?

  What is the value of m

A full m-ary tree has 81 leaves and height 4. (a) Give upper and lower bounds for m. (b) If the tree is also balanced, what is the value of m?

  Calculate the work done in moving the object

Calculate the work done in moving the object from x = 1 ft to x = 12 ft. (round your answer to two decimal places).

  Compare the probability that june passes the exam

A true-false examination has 48 questions. June has probability 3/4 of answering a question correctly. April just guesses on each question. A passing score is 30 or more correct answers. Compare the probability that June passes the exam with the p..

  What is the probability it is not defective

Given that a widget was produced by the new machine, what is the probability it is not defective?

  Find the dimensions of outdoor enclosure with most area

There are 410 feet of fencing available for the other three sides of the enclosure. Find the dimensions of the outdoor enclosure with the most area.

  Calculate the probability that their mean above 208

A bank loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 40. If 36 different applicants are randomly selected, calculate the probability that their mean above 208.

  How many bacteria n will there be after three hours

A bacteria population starts with 400 bacteria and grows at a rate of r(t) bacteria per hour. How many bacteria n will there be after three hours? (Give your answer to the nearest bacterium.) r(t) = 450.266 e^(1.12567 t)

  What is the project pv

At an interest rate of 12%, the six-year discount factor is .507. How many dollars is $.507 worth in six years if invested at 12%?

  Find the maximum area of the ?eld

A farmer wants to fence o a rectangular ?eld and then divide the ?eld in half with a fence down the middle (see diagram below). If he can only a ord 240 ft. of fencing material, what is the width y which gives the maximum area of the ?eld?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd