a) If a piece of machinery depreciates at an annual rate of 4.35%, how many years will it take for the machinery's value to reduce to half of its original value? b) A cafe finds that the demand equation for its new coffee blend product given by: Q=24/p^0.75 Where P is the price per cup and Q is the number of cups served per hour. Find the elasticity of demand Ed c) Find the effective annual rate for an interest rate of 4.5% p.a. compounded monthly. Answer as a percentage to 2 decimals

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A:

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A:

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A: Income is the financial gain earned during a particular period of time.

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A: Price of song=$2 Price of cookie=$1

Q: Total utility (utils) 0 80 120 148 160 155 Quantity consumed per day 0   1     2     3…

A: Quantity consumer per day Total utility (utils) 0 0 1 80 2 120 3 148 4 160 5 155