Find if demand is elastic-inelastic and unit elasticity
Assume that demand equation for the certain commodity is q = 500- 2p (for 0 less than equal to p less than equal to 250) Find out where (on what intervals) demand is elastic, inelastic, and of unit elasticity with respect to price.
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The factory manufactures bicycles at the rate of 110+0.2t^2?0.7t bicycles per week (t in weeks). How many bicycles were made from day 8 to 28?
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How long will it take for the investment to double if invested at the annual interest rate of 7% if interest is compounded continuously?
Assume that demand equation for the certain commodity is q = 500- 2p (for 0 less than equal to p less than equal to 250).
The kite on the 50-foot string is flying at the angle of 20 degrees to flat ground. Compute magnitude and direction of vector from kite to ground?
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Marginal cost of producing the certain commodity is C'(x)= 7x +3 dollars per unit when x units are being made. Determine total cost of manufacturing first 20 units?
In 5 years, Joe is going to get $100.000 from the trust. If money in trust fund is invested at 3 2% interest compounded continuously, find present value of Joe's legacy?
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