The weekly sales of Honolulu Red Oranges is given by
q = 860 − 20p.
where q is the number of oranges sold at the price p dollars per orange. Find E(p)
E(p) =


Calculate the price elasticity of demand when the price is $38 per orange (yes, $38 per orange†). HINT [See Example 1.]


Interpret your answer.
The demand is going by % per 1% increase in price at that price level.

Use the elasticity to calculate the price that gives a maximum weekly revenue.
dollars per orange

Find this maximum revenue.
dollars of revenue

Answers

Answer 1

Answer: See Explanation

Step-by-step explanation:

The price elasticity of demand will be calculated as:

q = 860 − 20p.

dq/do = -20

p = 38

Elasticity E(p) = (p/q) × dq/dp

= [38 /(860 - 20p)] × (20)

=38 × 20/(860 - 760)

= 7.6

Therefore, the price elasticity of demand when the price is $38 per orange is 7.6

Revenue = price × quantity

= p × q

= p × (860 − 20p)

= 860p - 20p²

Differentiating with respect to p

= 860 - 40p

40p = 860

p = 860/40

p = 21.50

Maximum Revenue = 860p - 20p²

= 860(21.50) - 20(21.50)²

= 18490 - 9245

= 9245


Related Questions

Please help- Show ur work,, and please answer correctly
I will also give brainliest

Answers

Answer:

x = -4.

n = -2.

v = -5.

Step-by-step explanation:

18 = -4x + 2

18 - 2 = -4x

x = 16/-4

x = -4.

6 + 2n = 2

2n = 2 - 6 = -4

n = -2.

5v + 8 = -17

5v = -17 - 8

5v = -25

v = -5.

plz help will give brainliest
The number of cans the soup kitchen has is represented by the equation, y = -63x + 825, where x represents the number of days and y represents the number of cans. How many cans will the soup kitchen have left after 10 days?

Answers

Answer:

195 cans

Step-by-step explanation:

Start by multiplying -63 by 10, since 10 should be in place of x. You will get -630. Add 825 to -630 and you will get 195.

Help&EXPLAIN

Don’t use for points or will be reported and I’ll take the points back

Answers

Answer:

B = 243°

Step-by-step explanation:

Full revolution = 360°

360 - 117 = 243

Answer:

243 degrees

Step-by-step explanation:

The angle of a full circle = 360 degrees

360 - 117 = 243

Which shows the dilation with a possible scale factor of One-half?

Triangle A is smaller than triangle A prime.
Triangle A is larger than triangle A prime.
Rectangle A is the same size as rectangle A prime.

Answers

Answer:

Option B

Step-by-step explanation:

Answer:

The answer is B

Use the grouping method to factor the polynomial below completely.
3x3 + 6x2 + 5x + 10
A. (3x2 +5)(x+2)
B. (3x2 + 5)(x + 5)
C. (3x2 + 2)(x + 5)
D. (3x2 + 2)(x + 2)

Answers

Answer:

its A

Step-by-step explanation:

i did the test

- Kirk is reading a book and found that after 5 days he had read 180 pages.
rate is Kirk reading the book in (b) If the book is 765 pages long, how many
days will it take him to read the book at
the rate you found in (a)?

Answers

Answer:

21.25 days

Step-by-step explanation:

We first need to find the rate that he read the book for the first 5 days:

180 (pages)/5 (days)= 36

So he reads 36 pages a day. Now we need to find how many days it will take him to read the whole book, while reading 36 pages a day.

765 (total pages)/36 (pages he reads in a day) = 21.25

Have a wonderful day, my friend.

In a research experiment, the population of a colony of bacteria doubles every hour. The population, f() of the colony atter z hours can be modeled by the function () - 25.2" What values for the domain are reasonable in the given
context

Answers

Answer:99

4/2ndjsjhowkllsnlove u

Question 1
5 pts
(07.01 LC)
What is the value of x in the equation -6 + x = -2? (5 points)
8
-4
-8
4

Answers

Answer:

4

Step-by-step explanation:

there are 84 girls in grade 3.the boys are twice the numbers of girls. how many pupils are there in all in grade 3?​

Answers

Answer:

252

Step-by-step explanation:

Girls = 84

Boys = 84 * 2 = 168

Total = 252

Answer:

Step-by-step explanation:

no of girls in grade 3 = 84

by the question no of boys are twice the number of girls so

no of boys = 2 * 84 = 168

Total no of pupil in grade 3

= 168 + 84

= 252

hope it will help :)

What is the equation of the line in slope-intercept form?

Answers

Answer:

y = -3x + 4

Step-by-step explanation:

y = mx + b

y = y coordinate

m = slope (rise/run, up/over, change in y/change in x)

x = x coordinate

b = y intercept (where the line crosses the y-axis.

1. Write the equation                                                            y = mx + b

2. Substitute the numbers in the proper place.                y = 3/1 x + 4

3. Check for the type of slope- (positive or negative)      y = -3x + 4

    (Downhill slopes are always negative.)

So wait what is the answer then

Answers

Answer:

to what??????

Step-by-step explanation: ???????

I need help the question is solve the equation n+75=155​

Answers

all you need to do for this is 155-75 which would be 80 :) hope this helps

Answer:

80

Step-by-step explanation:

155-75=80

COMPLETE THE SEQUENCES.
1- 0, 16, 32, 48, 64,_,_,_,


2- 2,9, 11, 18, 20, 27,_,_,_,

SOMEONE PLEASE HELP ME

Answers

Answer:

0,16,32,48,64,80,96,112

2,9,11,18,20,27,29,36,38

Step-by-step explanation:

1.Counting by 16

2. Counting by 7 and 2

Solve by graphing.
x + 3y = -9
5x + 3y = 3 ​

Answers

Answer:

Step-by-step explanation:

The solution of the system of linear equations is [tex]x = 3[/tex] and [tex]y = -4[/tex].

In this question, we notice that given system of linear equations consist of two equations and two variables, which means that solution is unique and can be found by graphic means. We proceed to graph each line with a graphing tool and label the point, in which both lines intersect each other.

The outcome from the graphing tool is presented below as attachment. In a nutshell, the solution of the system of linear equations is [tex]x = 3[/tex] and [tex]y = -4[/tex].

We kindly invite you to see this question related to systems of linear equations: https://brainly.com/question/13647755

At a height of about 212 meters, One Shell Square is the tallest building in New Orleans. Marlie is creating a scale model of this building, using the scale factor 1:250.

To the nearest tenth of a meter, what will be the height of the scale model?

Enter your answer as a decimal in the box.
given 90 points for answering, thank you!

Answers

Answer:

0.8 meters

Step-by-step explanation:

The scale factor is 1:250 (can be rewritten as 1/250 or 1 to 250).

1/250 × 212 = 0.848 Meters

Round to the nearest tenth, the scale model will be 0.8 meters.

OR: SET UP A PROPORTION:

[tex] \frac{250}{1} \times \frac{212}{x} [/tex]

cross-multiply

[tex]250x = 212[/tex]

[tex]x = 0.848[/tex]

Answer:

0.8

Step-by-step explanation:

ye

Stella, Roberto, and Candace are
putting together small model kits.
Stella can put a kit together a kit in
14 minutes, while it takes Roberto
21 minutes. When all three of them
work together, they can complete
kit in 6 minutes.
How long it will take Candace to put
a kit together if she works alone?

Answers

Stella is right cause she got more cats

You are the coach of a basketball team that is currently looking for new players. One of the criteria for selection as a player is that the person must be above a particular height. Ideally, you want your next player to be as tall as possible. However, you do not want to rule out any potential players by making the cut-off height too strict. You decide that accepting players within the top 2.5% height bracket will be reasonable for your team. Assume that the height of all people follows a normal distribution with a mean of 69 in and a standard deviation of 2.9 in. Calculate the cut-off height (C) that ensures only people within the top 2.5% height bracket are allowed into the team. you may find this standard normal table useful. Give your answer in inches to the nearest inch.
C= _____ in

Answers

Answer:

C = 75 in

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Assume that the height of all people follows a normal distribution with a mean of 69 in and a standard deviation of 2.9 in.

This means that [tex]\mu = 69, \sigma = 2.9[/tex]

Calculate the cut-off height (C) that ensures only people within the top 2.5% height bracket are allowed into the team.

This is the 100 - 2.5 = 97.5th percentile, which is X when Z has a pvalue of 0.975, so X when Z = 1.96.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]1.96 = \frac{X - 69}{2.9}[/tex]

[tex]X - 69 = 1.96*2.9[/tex]

[tex]X = 74.7[/tex]

Rounded to the nearest inch,

C = 75 in

Can you Help me please!!

Answers

Step-by-step explanation:

10 and under= 3

11-15=7

16-20=8

20 and over= 2

please answer!
Find the value of x.
115°
150°
thank you :)

Answers

Answer:

35 degrees

Step-by-step explanation:

180-150=30

115+30=145

180-145=35

35

Answer:

360 degrees - 150degrees =110 degrees

add 110 and 115 degrees to get 225 degrees

next subtract 360 - 225= 135 degrees

so x equals 135

Step-by-step explanation:

can i have brainliest

can someone help pls

Answers

Answer:

a) 3 feet wide, 2 feet long, and 7 feet high

if mary smith and karen white have identical sat scores and quality of letter, but mary smiths high school gpa is 1.5 point higher than karen, how much higher will marys college gpa be than karens

Answers

Required table is attached below :

Answer:

0.56

Step-by-step explanation:

Since they both have :

SAT score is the same ; quality of letter is the same ;

High school GPA is 1.5 points higher ;

Therefore, to determine how much Mary's GPA will be higher than Karen's :

Multiply the number of points by the Coefficient of high school GPA Given in the regression table attached below :

High school GPA Coefficient = 0.37635

Number of points = 1.5

= 1.5 * 0.37635

= 0.564525

= 0.56

Pls help this is due in 10 minutes

Answers

Answer:

y = 52

Step-by-step explanation:

y/4 - 7 = 6 (get the y isolated)

y/4 = 13 (add 7 to both sides)

y = 52 (multiply 4 on both sides)

A system of equations is graphed on the set of axes below.


The solution of this system is?

Answers

i believe it’s (4,2) i most likely am wrong so if i were you i’d look up “system of equations” and then press pictures or examples

The solution of the system of equations is (4, 2).

A system of equations is graphed on the set of axes below.

What is a linear system of equations?

A system of linear equations consists of two or more equations made up of two or more variables such that all equations in the system are considered simultaneously. The solution to a system of linear equations in two variables is any ordered pair that satisfies each equation independently.

The solution to a system of linear equations is the point at which the lines representing the linear equations intersect.

From the given graph, two lines intersecting at the point (4, 2)

Hence, the solution of the system of equations is (4, 2).

To learn more about the linear system of an equations visit:

https://brainly.com/question/27664510.

#SPJ2

A.find the price elasticity of demand at the equilibrium points? quantity demand=72-8p and quantity supply=-24 +24p. B.substitutes the equation.​

Answers

Answer:

p = 3

Step-by-step explanation:

The price elasticity of demand at the equilibrium points occurs when quantity demand equals quantity supply.

So,

72-8p= -24 +24p

Taking like terms together,

72+24 = 24p+8p

96 = 32p

p = 3

Hence, the price elasticity of demand is at p = 3.

our appearance is unimportant it is who we are on the inside ​

Answers

Answer:

Yes that is true. People just like to judge on what we look like on the outside. I Don't Know why tho.

100 POINTS PLZ HELP ME

This graph shows a proportional relationship.




What is the constant of proportionality?


Enter your answer as a ratio in simplified form by filling in the boxes.


$$


A graph with a line running through coordinates left parenthesis 0 comma 0 right parenthesis and coordinates left parenthesis 1 over 4 end fraction comma 3 over 8 end fraction right parenthesis.

Answers

Answer:

I dont see a graph, but the constant of proportionality the ratio between two directly proportional quantities. two quantities are directly proportional when they increase and decrease at the same rate

Step-by-step explanation:

if you add a graph, ill edit my answer

hope this helps!

Which could be the dimensions of a rectangular prism whose surface area is greater than 140 square feet? Select
three options.
6 feet by 2 feet by 3 feet
6 feet by 5 feet by 4 feet
17 feet by 6 feet by 4 feet
8 feet by 3 feet by 7 feet
8 feet by 4 feet by 3 feet

Answers

Answer:

6 feet by 5 feet by 3 feet

17 feet by 6 feet by 4 feet

8 feet by 3 feet by 7 feet

Can someone please help with these two questions please?

1. Assume that the radius r of a sphere is expanding at a rate of 60 cm/min. The volume of a sphere is V = 4/3r^3 and its surface area is 4r^2. Determine the rate of change in surface area at t = 2 min, assuming that r = 16 at t = 0.

2. A conical tank has height 3 m and radius 2 m at the top. Water level is rising at a rate of 2.1 m/min when it is 1.8 m from the bottom of the tank. At what rate is water flowing in? (Round your answer to three decimal places.)

Answers

Answer:

Step-by-step explanation:

S=4πr²

ds/dt=4π×2r×dr/dt=8πr dr/dt

dr/dt=60 cm/min

ds/dt=8π×60r=480πr

r=16,t=0

at t=2,r=16+32=48 cm

so ds/dt=480π×48=23040 πcm²≈72382.79 cm²

2.

[tex]V=\frac{1}{3} \pi r^2*h\\\frac{r}{h} =\frac{2}{3} \\r=\frac{2}{3} h\\V=\frac{1}{3} \pi( \frac{2}{3} *h)^2h\\V=\frac{4}{27} \pi h^3\\\frac{dV}{dt} =\frac{4}{27}\pi *3h^2\frac{dh}{dt} \\\\when ~h=1.8 ~m,\frac{dh}{dt} =2.1~m/min\\\frac{dV}{dt} =\frac{4}{9}\pi h^2\frac{dh}{dt} =\frac{4}{9} \pi*(1.8)^2*2.1=27.216 \pi \approx 85.502 m^3[/tex]

Help&EXPLAIN
==============

Answers

Step-by-step explanation:

hope u understand. Answer is 12.56 inches ^2

z + y2
for y = 6 and z = 1

Answers

Answer:

37

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Step-by-step explanation:

Step 1: Define

z + y²

y = 6

z = 1

Step 2: Evaluate

Substitute in variables:                                                                                     1 + 6²Evaluate exponents:                                                                                         1 + 36Add:                                                                                                                   37
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