Elasticity measures the of one thing to another. In every elasticity, there is a (fill in the 1st part of the words) tion and a tion. In every elasticity formula, the of the fraction and the tion goes on the bottom tion goes on the top.

Q: Calculate profits if total revenue is $350 and the total cost is $310

A: If we are given with the value of total revenue and total cost of the firm, then this can helps us…

Q: Find the p-value if Z < -.90, alpha = 0.05 (one-tail, lower tail)

A: In this scenario, we're dealing with a one-tailed hypothesis test using the standard normal…

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x)= 70,000 + 800x. (A) Find the…

A: Answer to the question is as follows:

Q: PLS HELP ASAP ON BOTH

A: 1.When carbon is added to iron, it forms different types of alloys depending on the percentage of…

Q: The profit (in dollars) from the sale of x lawn mowers is P(x) = 20x -0.02x² - 650. (A) Find the…

A: Marginal Profit: We can quantify the rising in the profit when an increment in the number of sold…

Q: Suppose an individual consumes goods and y and has income I. The prices are pr and py respectively.…

A: All commodity bundles with the same utility level are shown by the utility function. A graphical…

Q: if TC = 30L+15K, L + K = 4, (4,0) is the minimum. draw isocost line and why there is coner solution?

A: The given equation TC = 30L+15K represents the total cost (TC) of producing a certain quantity of…

Q: P(z > 1.80) = a 0.9713   b 0.9641   c 0.0287   d 0.0359

A: We have to find the area of z greater than 1.80 under the standard normal table. i.e., P(z&gt;1.80)

Q: A sample of 50 UNR students was randomly selected. A question asked was about annual cost of driving…

A: The objective of the question is to understand the characteristics of sample variance in the context…

Q: PLS HELP ASAP ON BOTH

A: Approach to solving the question:For an echo to be reflected back to the transducer at its maximum…

Q: A firm believes a product’s sales volume (S) depends on its unit selling price (P) as S = $100 − P.…

A: Given, Sale volume:  S =$100 – P or P = $100 - S Total Cost= C = $1000 + 10S a) Now, Total income =…

Q: 6 What is the z-score that bounds a tail area of  0.04? a 1.91         b 1.86         c 1.80…

A: Using standard deviations, a z-score calculates the distance between a data point and the mean.…

Q: Conveniece stores data 1) Use High-low calculate variable cost 2) Plot costs and estimate variable…

A: Given data Month Hours of Operation Total Cost January 550 1620 February 600 1700 March 700…

Q: Conduct the PESTLE analysis for the company "Under Armour".

A: A PESTLE analysis studies the key external factors (Political, Economic, social science,…

Q: Miss Jones, a third grade teacher at Pine Cone Elementary School has decided to bake some treats for…

A: Given in question there are 26 students Now multiply 2 1/2 which is 2.5 times the original recipeThe…

Q: Maria has decided to have a birthday party for 5 of her friends. She needs to buy sausages, bread…

A: here we find the correct option by the following method as follow;

Q: Find total revenue generated by firm if profit is $550 and the total cost is $300

A: The data presented in the question above is:- Profit = $550 Total cost = $300 Using this information…

Q: Manufacturing process is an example of: (a) Form utility (c) Place utility (b) Time utility (d) All…

A: # the concept of utility relates to to the satisfaction derived from the consumption of a good or…

Q: Calculate profits if total revenue is $6500 and the total cost is $2300

A: Answer: Given, Total revenue = $6500 Total cost = $2300 Profit = Total revenue - Total cost Profit =…

Q: pls help asap on both

A: Impact tests are crucial in materials testing to assess the ability of a material to withstand…