Consider these situations. In each situation, is the demand for the good elastic or inelastic?



BLANK As the price of flat-screen televisions decreases, the quantity demanded increases significantly.



BLANK As the price of bread decreases, the quantity demanded changes only slightly.



BLANK As the price of a drug used to treat heart disease increases, the quantity demanded remains unchanged.

Answers

Answer 1

Answer:

1 elastic

2 inelastic

2 inelastic

Step-by-step explanation:

edge 2021, hope this helps

Answer 2

Here are the elasticities of demand in the following situations :

The demand for flat-screen is elastic.

The demand for bread is inelastic.

The demand for drug is perfectly inelastic.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

Types of elasticity of demand are :

1. Elastic demand : If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

If demand is elastic and price is decreased, quantity demanded would increase. The increase in quantity demanded would be greater than the decrease in demand and this would lead to an increase in revenue.

2. Inelastic demand : Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.

3. Unit elastic demand : Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

4. Perfectly elastic demand : when demand is perfectly elastic, demand falls to zero when price increases

5.Perfectly inelastic demand :  demand is perfectly inelastic when there is no change in the quantity demanded regardless of changes in price.

The demand for flat-screen is elastic. This is because when the price of the television was decreased, demand increased significantly

The demand for bread is inelastic. This is because the fall in quantity demanded was less than than the decrease in the price of bread

The demand for drug is perfectly inelastic. This is because there is no change in the quantity demanded when the price of the drugs was increased.

To learn more about price elasticity, please check : https://brainly.com/question/15654343?referrer=searchResults


Related Questions

A company orders 9 boxed lunches from a deli for $96.75. If each boxed lunch costs the same amount, what is the unit cost of each boxed lunch?

Answers

Answer:

$10.75

Step-by-step explanation:

calculator

Answer:

10.75 for deltamath

plz help will give brainlest

Answers

Answer:

car a travels 250 miles car a travels 150 miles in 2 hours

Step-by-step explanation:

car a speed is 150 per hour and car b is  about 70 or 60 miles per hour

car a traveled 100 more miles than car b and the graph car b is 150 miles

Answer:

150 and 2

Step-by-step explanation:

Evaluate and simplify the
expression when a=2 and b=4.
4a + 2b2 - 2(a – 3b) = [?]

Answers

Answer:

92

Step-by-step explanation:

let's start off by plugging 2 for every a in the equation and 4 for every b.

4a+2b^2-2(a-3b)=?

4(2)+2(4)^2-2(2-3(4))=?

8+8^2-2(2-12)=?

8+64-2(-10)=?

8+64+20=?

?=92

Hello there!:)

60

is the answer!

Correct for Acellus! I know because I had it and it was correct!

4a+2b²-2(a-3b)

4a+2b^2-2a+6b

4a-2a+2b^2+6b

2a+2b^a+6b

2(2)+2(4)2+6(4)

4+32+24

60

Hope this helps!! :)

−3 3/4×5/6−2 1/3
I need help

Answers

Answer:

- 131/24

Step-by-step explanation:

Answer:

−13.875

Step-by-step explanation:

given: -3x+20=8; prove: x=4

Answers

Answer:

4

Step-by-step explanation:

Step 1:

- 3x + 20 = 8     Equation

Step 2:

- 3x = 8 - 20    Subtract 20 on both sides

Step 3:

- 3x = - 12   Subtract

Step 4:

x = - 12 ÷ - 3    Divide

Answer:

x = 4

Hope This Helps :)

Answer:

x = 4

Step-by-step explanation:

Step 1: Write equation

-3x + 20 = 8

Step 2: Solve for x

Subtract 20 on both sides: -3x = -12Divide both sides by -3: x = 4

Step 3: Check

Plug in x to verify it's a solution.

-3(4) + 20 = 8

-12 + 20 = 8

8 = 8

Evaluate the expression if a = -3, b = 64, c = 4, and d = 36.
4a? + 2c

Answers

Answer:

-4

Step-by-step explanation:

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

Simplify the exponent in (4w^3z)^5

Answers

Answer:

n onononononononoonnoono

Step-by-step explanation:

Answer:

1024w^15z

Step-by-step explanation:

(4w^3z)^5

4^5 x (w^3z)^5

1024 x (w^3z)^5

1024w^3z(x)5

1024w^15z


i need help with this please help asap

Answers

Step-by-step explanation:

4^5 (-2)^9/4^8 (-2)^3

= 4^(5 - 8) (-2^(9 - 3))

= 4^-3 (-2^6)

= (-2)^6/4^3

1). (-2)^a/4^b

a = 6, b = 3

2). c/d

c = -2, d = 4

what is the solution to the system of equations? 3x-2y=19 y=x-7
A) (6,-1)
B) (33,26)
C) (1,-6)
D) (5,-2)

Answers

Step-by-step explanation:

3x - 2y = 19 ...1

Replace y = x-7 in ...1

3x - 2(x-7) = 19

3x - 2x + 14 = 19

x = 19 - 14

= 5

Replace x = 5 in y = x - 7

y = 5 - 7

= -2

(5,-2)

Use the drawing below for this problem.
53°
32
Which of the following angles has a measurement equal to 127°?
21
b.
a.
c.
d. 24

Answers

A. Angle 1 is your answer

HELP PLS ITS BEEEN AN HOUR im going to cry ):

Answers

Answer: Don't cry please you'll be okay.

Step-by-step explanation:

Please help me , I need help and bad ✋.

Answers

Answer:

3*(n + 3) - 2n

(n +3) is the starting point.  and an increase in 3 times is  3*(n + 3) - 2n

what is the relationship between angle BAC and angle CAD and angle DAB? Express your answer in geometric terms.​

Answers

Answer:

∠BAC and ∠CAD are congruent, and m∠DAB is the sum of m∠BAC and m∠CAD.

Step-by-step explanation:

Answer:

∠BAC and ∠CAD are congruent, and m∠DAB is the sum of m∠BAC and m∠CAD.

Step-by-step explanation:

Exact answer for edmentum

how do you find the domain and range of this graph?

Answers

Answer:

Domain: all real x values, Range: -4_<x_<infinity

Step-by-step explanation:

The Domain is the X values, and the range is the Y values

6x - Зу = 12
What are the x and y intercept

Answers

X= 2 not so sure about the y intercept .

Mirna earned $120 baby-sitting during the spring break. She needs to save $90 for the German Club trip. She wants to spend the remainder of the money shopping. Use s for the amount of money Mirna can spend. Enter your inequality in the most simplified form.

Answers

Answer:

$30

Step-by-step explanation:

s + 90 = 120

s = 120 - 90

s = 30

There are commonly used four inequalities:

Less than = <

Greater than = >

Less than and equal = ≤

Greater than and equal = ≥

The most simplified inequality form of the amount of money s to spend on shopping is

s ≤ 30

Where s is the amount to spend.

What is inequality?

It shows a relationship between two numbers or two expressions.

There are commonly used four inequalities:

Less than = <

Greater than = >

Less than and equal = ≤

Greater than and equal = ≥

We have,

Mirna earned $120 babysitting during spring break.

She needs to save $90 for the German Club trip.

She wants to spend the remainder of the money shopping.

This means,

The remainder amount,

= 120 - 90

= $30

We can write an inequality as,

s ≤ 120 - 90

s ≤ 30

Where s is the amount of money to spend on shopping.

Thus,

The most simplified inequality form of the amount of money s to spend on shopping is

s ≤ 30

Learn more about inequalities here:

https://brainly.com/question/20383699

#SPJ5

Polynomials are not always closed under which operation?

A)Addition
B)Subtraction
C)Multiplication
D)Division

Answers

Answer:

D

Step-by-step explanation:

Polynomials are always closed with addition, subtraction, and multiplication. Division cannot be used to close a polynomial because when you divide two polynomials, its not going to come out as polynomial. All the other operations after completed will create another polynomial.

Best of Luck!

write the segment addition posutlate for the poins described

Answers

Answer:

Segment Addition Postulate:  2 points A and C, a third point B lies on the line segment AC if and only if the distances between the points satisfy the equation AB + BC = AC.

Step-by-step explanation:

Answer: Segment Addition Postulate: 2 points A and C, a third point B lies on the line segment AC if and only if the distances between the points satisfy the equation AB + BC = AC.

hope this helped you kiddo.

Step-by-step explanation:

Find the slope of the line that passes through the pair of points.
(6, -10) (6, 14)

Answers

Answer: undefined slope

In January, a city’s snowfall was 5/8 foot below the historical average. In February, the snowfall was 3/4 foot above the historical average. Was the city’s snowfall in the two-month period above or below the historical average? By how much?

Answers

Answer:

The city's snowfall in the two-month period was above the historical average by 1/8 feet

Step-by-step explanation:

Fractions

The question provides the following information: In January, a city’s snowfall was 5/8 feet below the historical average. Let's assume the snowfall level to be positive if it's above the historical average and negative otherwise.

The data from January gives us a snowfall of -5/8 feet because it was below the average.

We also know in February, the snowfall was 3/4 foot above the historical average. Following our predefined convention, the data from February gives us a snowfall of +3/4 feet.

To know if the city's snowfall during the two-month period was above or below the historical average, we just need to add them, signs included.

If the result is negative, the two-month period showed a snowfall below the historical average.

Let's find the sum of

[tex]\displaystyle -\frac{5}{8}+\frac{3}{4}[/tex]

The LCM of 4 and 8 is 8, thus:

[tex]\displaystyle -\frac{5}{8}+\frac{3}{4}=\frac{-5+2*3}{8}=\frac{1}{8}[/tex]

Since this quantity is positive, we can say the city's snowfall in the two-month period was above the historical average by 1/8 feet.

Nora and Eli are making homemade spring rolls for a party. Nora can make 8 spring rolls in 10 minutes. Eli can make 10 spring rolls in 12 minutes. If they each make 40 spring rolls, who will finish first?

Answers

Answer: Eli

Explanation: Nora will make 40 spring rolls in 50 minutes and Eli will make 40 spring rolls in 48 minutes so Eli is faster.

1. Find the quotient 8 divided by 1/5

Answers

Answer:

40

Step-by-step explanation:

Answer:

40

Step-by-step explanation:

PLZ HELP ASAP FOR BRAINLIEST

Answers

slope: 2/3
y intercept : -2
slope intercept equation: y = 2/3x -2

look at attachment

**giving BRANIEST to FIRST to answer:)

Answers

Answer:

x=-7

Step-by-step explanation:

Let's solve your equation step-by-step.

−2(3x+9)=24

Step 1: Simplify both sides of the equation.

−2(3x+9)=24

(−2)(3x)+(−2)(9)=24(Distribute)

−6x+−18=24

−6x−18=24

Step 2: Add 18 to both sides.

−6x−18+18=24+18

−6x=42

Step 3: Divide both sides by -6.

−6x /−6

= 42 /−6

x=−7

1. given w(x)=4x
a. graph r(x)=4 x w(x). then complete the table of corresponding points on r (x).

Answers

Answer:

Step-by-step explanation:

a). When graph w(x) is transformed to r(x) = 4 × w(x), graph of w(x) is vertically  stretched by a scale factor of 4.

Table for the corresponding points will be,

x               w(x)                  r(x)

0                0                  0×4 = 0

15              60               60×4 = 240

30             120             120×4 = 480

45             180             180×4 = 720

b). As discussed in part (a), graph of w(x) will be vertically stretched by a scale factor of 4 to produce the graph of r(x).

c). Since, w(x) = 4x

   and r(x) = 4[w(x)]

   r(x) = 4(4x) = 16x

  r(x) = 16x

Fertilizer for your lawn has to be mixed with water. Every 5 ounces of mix needs 1 gallon of water. How many cups of mix do you need if you are using 8 gallons of water?

Answers

Answer:

  5 cups

Step-by-step explanation:

There are 8 ounces in a cup, so the ratio given is ...

  5/8 cup : 1 gallon

Multiplying this by 8, we have ...

  5 cups : 8 gallons

If you are using 8 gallons of water, you need 5 cups of mix.

im sorry I got the answer wrong and and was trying to delete it my original answer was 40 before zI realized i said ounces

what is the answer ​

Answers

Answer: B

Step-by-step explanation: The y-intercept is in the right place which is 5 and it is going up left to right because the slope is positive, not negative which is why D is incorrect and B is correct.

Hope this helps! :)

Find the value of X.
47°
22°
to

Answers

Answer is 111

Because 180-(47+22)= 111

The value of x for the given triangle will be 111°.

What is a triangle?

A triangle is a 3-sided shape that is occasionally referred to as a triangle. There are three sides and three angles in every triangle, some of which may be the same.

The sum of all three angles inside a triangle will be 180° and the area of a triangle is given as (1/2) × base × height.

There are many types of triangles such that right-angle triangles, equilateral triangles, and much more.

The sum of all angles inside a triangle is 180°

So,

47° + x° + 22° = 180°

x = 180° - 69° = 111°

Hence "The value of x for the given triangle will be 111°".

For more about triangles,

https://brainly.com/question/2773823

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solve for u pls thanks

Answers

Answer:

U= -7

I hope this helps!!

Answer: u=-7

Step-by-step explanation:

-18 = -4 + 2u

Add 4 to -18

-14=2u

Divide by 2

U=-7

The density of a certain material is such that it weighs 2 pounds for every 9.5 quarts of volume. Express this density in ounces per pint. Round your answer to the nearest hundredth.

Answers

Answer:

1.68 ounces per pint

Step-by-step explanation:

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