find out price elasticity of supply when 20% change in price of the commodity results change in supply 40%.​

Answers

Answer 1

Answer:the price elasticity of supply in this scenario is 2.

Step-by-step explanation:

Price Elasticity of Supply = (% Change in Quantity Supplied) / (% Change in Price)

In this case, we are given that there is a 20% change in price, resulting in a 40% change in supply. Let's plug these values into the formula:

Price Elasticity of Supply = (40% / 20%) = 2

Therefore, the price elasticity of supply in this scenario is 2.


Related Questions

The points (12, 3) and (20, 5) fall on a particular line. What is its equation in slope-intercept form?

Write your answer using integers, proper fractions, and improper fractions in simplest form.
PLEASE ANWSER ASAP PLEASE!!!

Answers

Answer:

y= ¼x

Step-by-step explanation:

Slope-intercept form

y= mx +c, where m is the slope and c is the y-intercept.

\(\boxed{ slope = \frac{y _{1} - y_2 }{x_1 - x_2} }\)

Slope

\( = \frac{5 - 3}{20 - 12} \)

\( = \frac{2}{8} \)

\( = \frac{1}{4} \)

Substitute the value of the slope into the equation:

y= ¼x +c

To find the value of c, substitute a pair of coordinates.

When x= 12, y= 3,

\(3 = \frac{1}{4} (12) + c\)

3= 3 +c

c= 3 -3

c= 0

Thus, the equation of the line is y= ¼x.

Explain two attributes that a rectangle and a square have in common.​

Explain two attributes that a rectangle and a square have in common.

Answers

Answer:

All angles and opposite angle are equal;opposite sides are parallel.

Step-by-step explanation:

Answer:

they both have 4 sides and they both have paralell sides.

Step-by-step explanation:

what is the slope of this graph​

what is the slope of this graph

Answers

The slope of this graph​ is equal to 0.375 or 3/8.

How to calculate the slope of a line?

In Mathematics, the slope of any straight line can be determined by using this mathematical equation;

Slope (m) = (Change in y-axis, Δy)/(Change in x-axis, Δx)

Slope (m) = rise/run

Slope (m) = (y₂ - y₁)/(x₂ - x₁)

Substituting the given data points into the slope formula, we have the following;

Slope, m = (35 - 20)/(40 - 0)

Slope, m = 15/40

Slope, m = 0.375 or 3/8.

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the equation p=52+0.04w models relation between the amount of water bill payment p in dollars and the number of units of water w in slope of equation

Answers

The slope in the equation p = 52 + 0.04w represents the rate of change in the water bill payment for each additional unit of water consumed.

Specifically, the slope of 0.04 indicates that for every increase of one unit in the number of water units (w), the water bill payment (p) will increase by 0.04 dollars.

This means that the slope represents the incremental cost of each additional unit of water.

In practical terms, the slope of 0.04 implies that for every additional unit of water consumed, the water bill will increase by $0.04.

This indicates a constant rate of increase in the water bill for each additional unit of water used.

It's important to note that the slope remains constant throughout the equation, suggesting a linear relationship between the amount of water consumed and the corresponding bill payment.

Therefore, The slope, in this case, is the coefficient of the variable w, which is 0.04.

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The probable question may be:

What is the meaning of the slope in the equation p = 52 + 0.04w, which models the relationship between the water bill payment p in dollars and the number of units of water w ?

If I could get some help with this real quick

If I could get some help with this real quick

Answers

Answer: 1/16

Step-by-step explanation:

4^4*4^(-7)*4

= 4^(-3)*4

=4^(-2)

= 1/16

Suppose that it costs $200 per day to search for chanterelle mushrooms at Pt. Reyes National Seashore. On an average day, the total weight of mushrooms M found at Pt. Reyes is M = 100x-x^2 pounds ,where x is the number of people mushroom hunting on that day. Chanterelles can be sold for $60 per pound. How many more people will go mushroom hunting than is socially optimal?

Answers

Answer:

For an overall profit, we need at least 97 people to go mushroom hunting.

Any number of people that is more than the socially optimal number should go mushroom hunting on any given day.

Step-by-step explanation:

The socially optimal number of people that will go mushroom hunting is the number where amount spent to go mushroom hunting equally balances the amount obtained by selling the mushrooms obtained.

If x people go mushroom hunting in a day, the total cost of hunting for that day = 200x

The amount of mushroom obtained is given as

M = (100x - x²) in pounds

The selling price of 1 pound = $60

The cost of M pounds = 60M = 60(100x - x²)

= (6000x - 60x²)

At socially optimal number,

200x = 6000x - 60x²

60x² - 6000x + 200x = 0

60x² - 5800x = 0

x(60x - 5800)

x = 0 or (60x - 5800) = 0

x = 0 or x = (5800/60) = 96.67

Socially optimal number of people = 0 or 96.67

For realistic purposes, we take the socially optimal number of people that went mushroom hunting as 96.67

Any number above this number will result in an overall profit, and any number below it results in an overall loss.

So, for an overall profit, we need at least 97 people to go mushroom hunting.

Hope this Helps!!

Answer:

48 people

Step-by-step explanation:

When allocating resources to a particular task it is important to assign optimal units of resources.

In this scenario if the people hunting mushrooms are too many they will not make profit. But an optimal number will guarantee everyone makes positive profit.

Optimal = (M÷x)Px - 200= 0

Optimal= {(100x -x^2) ÷ x} * 60 = 200

Optimal = 6000 - 60x = 200

x= 96.666~ 97 people

However to maximise profit MTB = MTC

Socially Optimal quantity = 60(100x - x^2) -200

∂(Socially Optimal amount) ÷ ∂ x= 6000 - 120x - 200

x = 48.33~ 48 people

So 48 more people go mushroom hunting than is socially optimal

have at the end btw and help pls ​

have at the end btw and help pls

Answers

Answer:

he has 1,208 mangoes left

18 + 6 = 24
12 x 2 = 24
answer = 12

jerlanie bought 1478
and gave away 270
when we subtract 270 from 1478 we will have 1208 left

X^1/2 x X^2/3Simplify

Answers

\(\mathbf{x}^{\mathbf{\frac{7}{6}}}\)

1) Let's simplify the following product:

\(x^{\frac{1}{2}}\cdot x^{\frac{2}{3}}\)

Note that, we can simplify this using the exponent's properties.

2) So we can keep the base and add the exponents:

\(x^{\frac{1}{2}}\cdot x^{\frac{2}{3}}=x^{\frac{3+4}{6}}=x^{\frac{7}{6}}\)

Note that since the denominators were different, we had to resort to the LCM of 2 and 3 and simplify it to one fraction.

3) Hence, the answer is:

\(\mathbf{x}^{\mathbf{\frac{7}{6}}}\)

The number of home runs hit by Hank Aaron, the all-time leader, is 755. This
has an order of magnitude of 4
A. True
B. False

Answers

Answer:

True

Step-by-step explanation:

Hope this helped :)

Answer:ITS FALSE!!

Step-by-step explanation:

Xavier is buying fencing to surround his garden if his garden has a perimeter of 30 yards and fencing cost six dollars a yard how much money will he need for the fencing

Answers

Answer:

$180

Step-by-step explanation:

If the perimeter is 30 yards and each yard costs $6 you times 30 and 6 and you get $180

What is the median of this set of values? 6, 8, 10, 8, 4, 2, 12
A. 4
B. 6
C. 7
D. 8

Answers

Answer:

D

Step-by-step explanation:

in order smallest to largest

2, 4, 6, 8, 8, 10, 12

the figure in the middle is 8, therefore the median is 8

hope this helps :)

The double number line shows that the distance from the start of a hiking trail to a cave
entrance is 700 m.

The double number line shows that the distance from the start of a hiking trail to a caveentrance is

Answers

Answer:

100, 25, 50

Step-by-step explanation:

\(700: \frac{700}{700} \times 100=100 \\ \\ 175: \frac{175}{700} \times 100=25 \\ \\ 350: \frac{350}{700} \times 100=50\)

What is the first step in evaluating the expression shown below?

12
÷
(
7
.
4

3
.
6
)
+
8

2

Answers

Answer:

Step-by-step explanation:

The first step in evaluating the expression is to perform the calculations inside the parentheses. This involves subtracting 3.6 from 7.4.

Step 1: Evaluate the expression inside the parentheses.

7.4 - 3.6 = 3.8

After evaluating the expression inside the parentheses, the expression becomes:

12 ÷ 3.8 + 8 - 2

Step 2: Perform the division.

12 ÷ 3.8 = 3.158

After performing the division, the expression becomes:

3.158 + 8 - 2

Step 3: Perform the addition and subtraction from left to right.

3.158 + 8 = 11.158

11.158 - 2 = 9.158

Therefore, the value of the given expression is approximately 9.158.

The first step is:

⇨ parentheses

Work/explanation:

The expression is:

12 ÷ (7.4 − 3.6) + 8 − 2

Let's recall the order of operations first:

order of operations = PEMDASPEMDASParenthesesExponentsMultiplicationDivisionAdditionSubtraction

So we evaluate

\(\sf{12\div(7.4-3.6)+8-2}\)

\(\sf{12\div3.8+8-2}\)

Next, division:

\(\sf{3.158+8-2}\)

Next, addition & subtraction:

\(\sf{9.158}\)

Hence, the first step is to evaluate the parentheses.

how many different choices of car does a person have if a particular model comes in 11 colors and 4 styles

Answers

Answer:

44 options

Step-by-step explanation:

In order to solve this problem you would simply need to multiply the options specifics together. In this scenario, these are the color and style. Therefore since the individual can choose from 11 colors and 4 styles you simply multiply 11 by 4. This is because every single color chosen has 4 styles to choose from,  meaning that all 4 styles also have 11 colors to choose from and vice versa.

11 * 4 = 44

Therefore, we see that an individual looking to buy a car has a total of 44 options to choose from.

Solve
2(4x + 3) = 10x - 2​

Answers

Answer:

x = 4

Step-by-step explanation:

2(4x + 3) = 10x - 2

2 × 4x + 2 × 3 = 10x - 2

8x + 6 = 10x - 2

8x - 10x = - 6 - 2

- 2x = - 8

2x = 8

x = 8/2

x = 4

-TheUnknownScientist

Answer:

x= 4

Step-by-step explanation:

we open brackets first

2(4x + 3) = 10x - 2

8x+6=10x-2

transpose

6+2= 10x-8x

8= 2x

x= 8/2

x= 4

What are the slope and y-intercept of the line?

What are the slope and y-intercept of the line?

Answers

Answer:

i justr f arted really loud LOL

Step-by-step explanation:

Answer:

the choice below, with slope= app. 1.33!

Step-by-step explanation:

need help will give brainlist

need help will give brainlist

Answers

The expressions that shows a correct way to set up the slope formula for the line that passes through the points (3,6) and (-7,-4) is (-4-6) / (-7 - 3) (option c).

To find the slope of a line that passes through two points, we can use the slope formula, which is:

slope = (change in y) / (change in x)

This formula tells us how much the y-coordinate changes (rise) for every one unit of change in the x-coordinate (run).

Now let's use the given points (3,6) and (-7,-4) to set up the slope formula. We'll call the first point (x₁, y₁) and the second point (x₂, y₂). Then we can plug these values into the slope formula:

slope = (y₂ - y₁) / (x₂ - x₁)

Plugging in the coordinates of the two given points, we get:

slope = (-4 - 6) / (-7 - 3)

We simplify this expression to get:

slope = (-10) / (-10)

Which simplifies further to:

slope = 1

So the correct way to set up the slope formula for the line that passes through the points (3,6) and (-7,-4) is:

slope = (y₂ - y₁) / (x₂ - x₁)

= (-4 - 6) / (-7 - 3)

= 1

Therefore, the slope of the line passing through these two points is 1.

Hence the correct option is (c).

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4/5 + 1/3

Answers should be in format example: 5/2 or 2/5. No decimals or mixed numbers.

Answers

Answer:

16/15

Step-by-step explanation:

The LCM of 5 and 3 is 15

4/5 + 1/3 = 12 / 15 + 4 / 15 = 16 / 15

Answer:1.13333333333 also known as 1.13 repeat

Step-by-step explanation:

7. The Taylor Rule states that the central bank should set the short-term nominal interest rate (i)
based on the inflation gap [the difference between inflation (3.14) and desired inflation (3.14*)] and the
output gap (the percentage difference between real GDP (Y) and potential GDP (Y*) An
example of a Taylor Rule would be the formula
i - 3.14 = 1.5 +0.5(3.14-3.14*) +0.5 (Y-Y*/Y*)
The term on the left-hand side is the real interest rate. Consider the following table

Inflation rate (3.14), %
Target inflation rate (3.14*), %
Output gap, %
Real interest rate
Nominal interest rate
Base Scenario Scenario B Scenario C
4.0
20
2.0
20
0.0
20
20
20
00
a. Fill in the real and nominal interest rates chosen by the policy maker in the base scenano
b. How does scenario B differ from the base scenario in terms of the inflation and output gaps?
Calculate the real interest rate. Has the real interest rate moved in the direction that would
move the inflation rate toward its target?
c. How does scenario C differ from the base scenario in terms of the inflation and output gaps?
Calculate the real interest rate. Has the real interest rate moved in the direction that would
move output toward the potential level?
d. Suppose a new chair of the central bank is appointed and she switches to a new policy rule of
the form given in the next equation. Recalculate the real and nominal interest rates for the
three scenarios. What has been the effect of the change in weights?
i-3.14=1.5 +0.75(3.14-3.14*) +0.25(Y-Y*/Y*)

Answers

The weight on the inflation gap has increased from 0.5 to 0.75. The real interest rate is 16.86% and Nominal interest rate is 20%

a. In the base scenario, the real interest rate will be 20%, and the nominal interest rate will be 20%.

b. In scenario B, inflation rate will be higher (4%) compared to the base scenario (3.14%).

Output gap is 0% in both the scenarios, however, in the base scenario inflation gap is 0% (3.14 - 3.14) and in scenario B, inflation gap is 0.86% (4 - 3.14).

Now, let's calculate the real interest rate.

Real interest rate in base scenario = 20% - 3.14%

= 16.86%.

Real interest rate in scenario B = 20% - 3.14% + 1.5 + 0.5 (4-3.14) + 0.5 (0-0/0)

= 19.22%.

The real interest rate has moved in the direction to move inflation rate towards its target.

c. In scenario C, the output gap will be 20% compared to 0% in the base scenario.

Inflation gap is 0% in both the scenarios

Inflation rate is 3.14% and in scenario C, inflation rate is 2%.

Let's calculate the real interest rate. Real interest rate in the base scenario = 20% - 3.14%

= 16.86%.

Real interest rate in scenario C = 20% - 2% + 1.5 + 0.5 (3.14 - 3.14) + 0.5 (20-0/20)

= 20.15%.

Real interest rate in scenario C = 20% - 2% + 1.5 + 0.75 (3.14-3.14) + 0.25 (20-0/20) = 18.78%.

The new policy rule has changed the weight of the output gap in the Taylor Rule from 0.5 to 0.25.

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Can somebody please help?? i’ll give Brainliest to whoever answers first.

There are 625 students in Leon's school. He takes a random sample of 75 students from the entire school population. In the sample, 33
students are planning to attend the end of year picnic.
Based on his data, how many students from the entire school are planning to attend the end of year picnic? Show ALL your work!

Answers

Answer:

The answer is 275 students.

Step-by-step explanation:

In 75 students, 33 students attend.

So the ratio is 33/75.

so multiply with 625.

625 x 33/75 = 275

How does carbon move from plants to animals?
Group of answer choices

Photosynthesis

Decomposition

Ingestion (eating)

Respiration

Answers

Answer:

Carbon moves from plants to animals. Through food chains, the carbon that is in plants moves to the animals that eat them. ... Animals and plants need to get rid of carbon dioxide gas through a process called respiration. Carbon moves from fossil fuels to the atmosphere when fuels are burned.

Step-by-step explanation:

Answer:

Photosynthesis

Step-by-step explanation:

BD=8x-6, AE=13, and angle ECB=27. Find the value of x and angle EBA

Answers

The value of x in the rectangle is 19/8

How to determine the values of x and EBA

The complete question is added as an attachment

From the question, we have the following parameters that can be used in our computation:

The shape is a rectangle

Opposite sides of a rectangle are equal

So, we have

BD = AE

Using the above as a guide, we have the following equation

8x - 6 = 13

So, we have

8x = 19

Solving for x, we have

x = 19/8

More details are needed to calculate the measure of angle EBA

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BD=8x-6, AE=13, and angle ECB=27. Find the value of x and angle EBA

10% + 20% + 70% divided by 250 milliion

Answers

Answer: 8.16e-10

I think idrk          

Answer:

\( \frac{10\% +20\% + 70\% }{250 \: million} \\ \\ \\ \frac{ \frac{10}{100} + \frac{20}{100} + \frac{70}{100} }{250 \times 10 ^{6} } = \frac{ \frac{100}{100} }{250 \times {10}^{6} } \\ \\ \frac{1}{250 \times {10}^{6} } = 4 \times {10}^{ - 9} \)

I hope I helped you^_^

Match each number with its divisibility numbers.
3. 60
4. 48
5. 81
A. 3,9
B. 2,3
C.
2, 3, 5, 10

Answers

The numbers matched with its divisibility numbers is

for 60 the divisibility numbers are 2,3,5,10 .

for 48 the divisibility numbers are 2,3    and

for 81 the divisibility numbers are 3,9 .

In the question ,

three numbers are given as 60 , 48 and 81

we need to match them with their , respective divisibility numbers that are given in the option  

For the first number 60 ,

we see that 60 is divisible by 2 , 3 , 5 and 10 because

30*2 \(=\) 60  , 3*20 \(=\) 60 , 5*12 \(=\) 60 and 10*6 \(=\)60 ,

So, for 60 the divisibility numbers are 2,3,5,10

that is option(c)

For the second number 48 ,

we see that 48 is divisible by 2 and 3  because

2*24 \(=\) 48 , 3*16 \(=\) 48 ,

So , for 48 the divisibility numbers are 2,3

that is option(b)

For the third number 81

we see that 81 is divisible by 3 and 9  because

3*27 \(=\) 81 , 9*9 \(=\) 81

So , for 81 the divisibility numbers are 3 an 9

that is option(a)

Therefore , The numbers matched with its divisibility numbers is

for 60 the divisibility numbers are 2,3,5,10 .

for 48 the divisibility numbers are 2,3    and

for 81 the divisibility numbers are 3,9 .

The given question is incomplete , the complete question is

Match the numbers 60 , 48 and 81  with its divisibility numbers

(a) 3,9

(b) 2,3

(c) 2,3,5,10

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What’s the radius of a circle with a 4 inch diameter

Answers

Answer:

The radius of the circle with 4 inch diameter is 2 inches

Step-by-step explanation:

This is the formula here:

d = 2r

The radius is solved here:

r = \(\frac{d}{2}\) = \(\frac{4}{2}\) = 2 inches

The Mathville Circus sold a total of 300 tickets for a total of $700. Adult tickets cost $5 each and children tickets cost $3 each. Which system of equations could be used to find the number of each type of ticket sold?

Use a = adult tickets and c = children tickets

Just need the equation to solve

Answers

Answer:

A + C = 300

5A + 3C = 700

Step-by-step explanation:

We can let A represent the total number of adult tickets and C represent the total number of children tickets.

# of adult tickets + # of children tickets = total number of tickets (300)

We multiply the total number of adult tickets sold by 5 to find the total revenue earned from adult tickets.

Similarly, we multiply the total number of children tickets sold by 3 to find the total revenue earned from children tickets.

Revenue from adult tickets + revenue from children tickets = total revenue ($700).

A dog spots a cat 50 feet away and starts to chase it. At the same moment, the cat starts to run away from the dog. The dog is running 12 feet per second and the cat is running 10 feet per second. Let t represent the time elapsed (in seconds) since the chase began. Let d represent the distance between the cat and the dog (in feet) Write a formula to define the distance between them (d) in terms of the time elapsed (t).

Answers

Answer:

D(t) = 50 -2t

At 25 seconds, the dog caught up with the cat

Step-by-step explanation:

At initial time t0

Distance = 50 ft

The dog is running 12 feet per second and the cat is running 10 feet per second.

So for each each time in seconds

Dog covers 12 feet while cat extends by 10 ft .

The distance between them at any given time

D(t)= 50 +10t -12t

D(t) = 50 -2t

The time it will take the dig to get to the cat is what D= 0

D(t) = 50 -2t

0= 50- 2t

2t= 50

t= 25

So at 25 seconds, the dog caught up with the cat

What is the domain of the square root function graphed below?

On a coordinate plane, a curve open up to the right in quadrant 4. It starts at (0, negative 1) and goes through (1, negative 2) and (4, negative 3).
x less-than-or-equal-to negative 1
x greater-than-or-equal-to negative 1
x less-than-or-equal-to 0
x greater-than-or-equal-to 0
Mark this and return

Answers

The domain of the square root function is x greater-than-or-equal-to 0, since the function is defined for all non-negative x-values or x-values greater than or equal to zero.

The domain of the square root function graphed below can be determined by looking at the x-values of the points on the graph.

From the given information, we can see that the curve starts at (0, -1) and goes through (1, -2) and (4, -3).

The x-values of these points are 0, 1, and 4.

Since the square root function is defined for any non-negative x-values or x-values more than or equal to zero, its domain is x greater-than-or-equal-to 0.

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Can a polygon have four sides and three angles

Answers

No a polygon only has 3 sides and 3 angles.

A committee of four people is formed by selecting members from a list of 12 people.
How many different committees can be formed?

__ committees

Answers

The number of different committees that can be formed is 495

How many different committees can be formed?

From the question, we have the following parameters that can be used in our computation:

People = 12

Committee = 4

These can be represented as

n = 12 and r = 4

The number of different committees that can be formed is

Number = nCr

So, we have

Number = 12C4

Evaluate

Number = 495

Hence, the committee are 495

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