1). Calculate the appropriate elasticity coefficient in each of
the following cases using the relevant formula outlined in this
chapter.
A drop in the price of hybrid cars from $25,00 to $20,000
causes purchases of gasoline powered cars to fall from 1 million to
750, 0000 per year.
Monthly purchases of smartphones rise from 15,000 to 17,500 per
year when the average price of smartphones decreases from $500 to
$400.
A fall in the average consumer incomes from $80,000 to...
what is the definition of elasticity of
demand?
formula?
each of the following cases, indicate which could you
think has a relatively more price elastic demand and identify the
reason (more substitutes bigger share of the budget or more times
to adjust)
:motorcycles or Harley Davidsons
:peanut butter or housing
:your electric bill this month or over the entire
year
If
TAXI fares rise what will happen to the total revenue received by
taxi operators assuming that the elasticity of...
Give the empirical formula of each of the following compounds if
a sample contains the following quantities of each element. (Type
your answer using the format CO2 for CO2.)
(a) 0.0455 mol C, 0.039 mol H, and 0.013 mol O
(b) 6.44 g nitrogen and 3.67 g oxygen
(c) 69.9% iron and 30.1% oxygen by mass
Please solve the recurrence relation by finding the explicit
formula of each problem. Show all work, thanks!
A. ck = 6ck-1 -
9ck-2 k≥2,
c0 =1, c1=3
B. dk = 2dk-1 +k
k≥1, d0 =1, d1=3
C. ak = 3ak-1 +
2
k≥1, a0 =3
D. bk = -bk-1 + 7bk-2
k≥2, b0 =1,
b1=4
Give the formula and calculate the molar mass for each of the
following substances.
ammonium sulfide
dichlorophenol, C6H4OCl2
barium hydride
potassium dihydrogen phosphate
Consider the set of real numbers S=[-1,0)U{1/n:n=1,2,3,...}.
Give the explicit set for each of the
The complement of S,
The closure of S,
The boundary points of S,
The limit points of S,
The isolated points of S,
The interior of S, and
The exterior of S.
Give a real-life data example for each of the following three
cases:
(a) False negatives are less tolerable than false positives.
(b) False positives are less tolerable than false negatives.
(c) False positives and false negatives are of equivalent
importance.