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School organizations raise money by selling candy door to door. The table shows p, the price of the candy, and q. the quantity sold at that price.
q
$ 1.00
$ 1.25
$ 1.50
$1.75
$2.00
$2.25
$ 2.50
2765
2440
1980
1660
1175
800
430
a. Estimate the elasticity of demand at a price of $1.00. At this price, is the demand elastic or inelastic?
b. Estimate the elasticity at each of the prices shown. What do you notice? Give an explanation for why this might be so.
c. At approximately what price is elasticity equal to 1?
d. Find the total revenue at each of the prices shown. Confirm that the total revenue appears to be maximized at approximately the price where E = 1.
Is this equation linear or non-linear? Is the equation homogeneous or non-homogeneous? Is the equation separable or non-separable? Which order the equation is?
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Use the distributive property to remove parentheses and simplify the expression.
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Two trains of equal length are running on parallel lines in the same direction at 46 km/hr and 36 km/hr. If the faster train passes the slower train in 36 seconds,what is the length of each train?
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Which of the following would be a valid tensor equation? You should indicate if the equation is valid; and if it is not valid, you should state why.
one brand of its tires is normally distributed with a mean of 50,100 miles and a standard deviation of 4000 miles. If the manufacturer is willing to replace around 10% of the tires as unsatisfactory performers, what should be the approximate numbe..
for the following statements state the null and alternative hypotheses and identify which represents the claim.
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Solve following equation :
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