the coefficient of price elasticity of supply of a good is 1.5 if 15% rise in its price makes a producer sell 735 units. find the quantity ​

Answers

Answer 1

Answer:

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Answer 2

Solving this Question will give result of Quantity(Q) 600 units, and the percent change in quantiy(ΔQ) 22.5.

Coefficient of price elasticity of supply

As per the question, we are given:

Price elasticity of supply = 1.5%

Percent Change in Price = 15%

New Quantity = Q1 = 735 units.

We have to Find:

Quantiy = Q

The Formula for Price elasticity = Percent change in Quantiy divided by percent change in price

⇒ 1.5 = ΔQ ÷ 15

⇒ 1.5 × 15 = ΔQ

22.5 = ΔQ

Now,

ΔQ = (Q1 -Q) ÷ Q ×100

⇒ 22.5 = 735 - Q ÷ Q ×100

Solving this equation will give Q = 600.

Therefore, the quantity is 600.

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Related Questions

What is the difference between the way MEDCs and LEDCs can handle air pollution and what factors contribute to this difference?​

Answers

Answer:

Economy.

Explanation:

The MEDCs can handle air pollution better than LEDCs because MEDCs are rich countries which uses latest technology to reduce air pollution while the  LEDCs are poor countries which are unable to afford latest technology so they can't handle air pollution better. Economy and sense of responsibility are the factors for this difference because good economy can use new technologies which reduces air pollution and sense of responsibility allowed to take actions for controlling air pollution.

Why were Georgia leaders encouraging more settlers to come to Georgia?

Answers

Answer:

His choice of Georgia, named for the new King, was also motivated by the ... this ban would encourage the settlement of "English and Christian" people. ... to reach an understanding with these native peoples if Georgia was to remain ... By the early 1740s, the trustees slowly gave way on most of the colonists' grievances.

Explanation:

Regulatory agencies oversee the nation's
businesses.
security.
health care.
military resources.

Answers

Answer:

businesses

Explanation:

Answer:

A)  Businesses

Explanation:

got it right :)

Scientists want to stop the fungus in Lascaux Cave. They are putting in a lot of time and effort. Is this time and effort worth it? What will be gained if the paintings are saved? What might be lost if they are not? Use facts from this lesson in your answer.

Answers

Answer:

Yes, the time and effort spent are worth it.

Explanation:

Yes, the time and effort put in to stop the spread of fungus in Lascaux Cave are worth it. Scientists believe that it due to rise in temperature inside the caves and possibly global warming has caused the spread of fungus in the caves.

The cave holds a series of cave paintings which are believed to have been painted by early European settlers around 15,000 to 17,000 years ago. The last remains of historical paintings drawn by our early ancestors might be lost if they are not saved.

PLEASE help someone asap is for today ​

Answers

I think it’s cotton I don’t really know
Yea I would say it’s cotton to

5. When economic activity slows, there are no jobs and money is not
valuable?
10 points
Recession
Congression
Depression

Answers

Answer:

letter D.

Explanation:

1. Which resource do you think would be more valuable to the people of the Middle East: water or oil.
EXPLAINE your answer.
Please answer ASAP!!

Answers

Oil, oil was used for fuel to make water. It is more important to the region and a good reliable source.

Answer:

I would assume water

Explanation:

I assume water because it is very dry and there is very little water in the middle east so i would guess water is what they need most

How were the rivers both a benefit and a disadvantage to these people

Answers

Answer:

You could get food, water and other things you need from the river. Though, it could dry up, it might be dirty; it depends on the specific river.

They provided drinking water, possibility of flooding.

Which type of election usually has the highest voter turnout?
O Local elections
O State elections
O Congressional elections
O Presidential elections

Answers

Answer:

Im not fully sure Im guessing presidential elections

Explanation:

the nation's head of state, the president, is elected indirectly by the people of each state, and U.S. presidential election popular vote totals as a percentage of the total U.S. population

Its a guess Im assuming my answering will turn out incorrect if so, I'll accept a report.

D. Presidential elections

What is the difference between destructive nationalism and constructive nationalism?​

Answers

Explanation:

I think in constructive criticism, you judge a person to make them better later but in destructive criticism, you judge someone to bring them down.

True or false: The Roundheads would cheer for a Parliament member at a
political rally.

Help pleasee , ty.

Answers

True I think not 100 percent sure tho

Which quote most clearly reflects conviction, or genuine beliefs, as a motivation for bias in media?
A."I don't care if the senators are best friends — they need to look like enemies if we want viewers to tune in."

B."We've got a tip that the mayor might be investigated for fraud. We've got to get this out there before anyone else."

C."The newspaper's editorial board wants each reporter to write an article on problems in the local Democratic Party."

D."Ensuring equal opportunity is not as important as national security, which is why I can't write an article criticizing the CIA."

Answers

Answer:

Its d

Explanation:

d

"Ensuring equal opportunity is not as important as national security, which is why I can't write an article criticizing the CIA" reflects conviction, or genuine beliefs, as a motivation for bias in media. Thus, option D is correct.

What is media?

The word "medium" is pluralized to "media," which (generally speaking) refers to any route of communication. This covers everything from printed paper to digital data and covers information in the forms of art, news, education, and a wide range of other things.

A kind of media is anything that has the ability to reach or sway people, including telephones, television, and the Internet. All types of electronic communication that are sent across the globe via computer networks and fiber optic cables are considered modern digital media. The Internet and social media  are two examples of contemporary media that have profoundly altered our world.

Therefore, we can conclude that option D is correct.

Learn more about media here:

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what is federalism in a state

Answers

Answer:

Federalism is a system of government in which power is divided between a national (federal) government and various state governments. In the United States, the U.S. Constitution gives certain powers to the federal government, other powers to the state governments, and yet other powers to both.

Explanation:

What was the main goal of World War II posters?

Answers

Answer:

Conservation was the largest theme among posters produced during the war

Explanation:

Posters were produced asking Americans to try and conserve products such as fats, butter, coffee, and rubber. Conservation was the largest theme among posters produced during the war, as one in seven posters carried this theme. Their efforts were not a waste, as the United States was successful in recycling goods.

(Hope this helps)

Question 2 (3 points)
(02.08 MC)

Amendments 14, 15, and 19 have resulted in a government that is (3 points)

a
more representative of the American people

b
limited to white men over the age of 18

c
organized into three branches

d
less representative of the American people

Answers

Answer:

I hope this helps....

Explanation:

answer is A

The answer is A Hopefully you get it right

What took place a few decades after the revolution

Answers

Answer:

The United States in 1783

Explanation:

As a result of the Treaty of Paris, the United States was recognized by Great Britain as an independent nation. The British ceded a large amount of territory in what is today known as the American Midwest, basically everything between the original 12 colonies and the Mississippi river

Answer:

a,c,e

Explanation:

got it right on edge

what’s donald trumps political platform?

Answers

Answer:

trump 2020 :))

Explanation:

Answer:

Who cares about him Imao

Explanation:

Biden 2020

what did the large states gain from the connecticut compromise?

Answers

Answer:

The compromise proposed by Sherman and Ellsworth provided for a dual system of representation. In the House of Representatives each state's number of seats would be in proportion to population. In the Senate, all states would have the same number of seats.

Explanation:

The need for more and more elaborate architecture arose what was the result of this demand

Answers

there was more demand for sculptors and artisans

How did The townshed act Impacts the road to revolution

Answers

Answer:

The year 1767 brought another series of measures that stirred anew all the elements of discord. Charles Townshend, British chancellor of the exchequer, was called upon to draft a new fiscal program. Intent upon reducing British taxes by making more efficient the collection of duties levied on American trade, he tightened customs administration, at the same time sponsoring duties on colonial imports of paper

Which area as the manufacturing and high- tech jobs?? HELP ASAP
A .Rural
B. city

Answers

Answer: city

Explanation: has more space

Answer:

city but since I helped you please give brainiest

Explanation:

Are biographies Primary or secondary

Answers

Answer:

Secondary

Explanation:

Someone else made it that's not the person that lived the event. Autobiographies are the ones that are primary because it's written by the person who experienced the event.

THIS IS DUE IN 30 MINUTES PLEASE HELP!
9. What is the SSC Tuatara, which recently made headlines for reportedly reaching a top
speed of 331 miles per hour? I

Answers

Shelby Supercuts tuatara
Shelby Supercuts tuatara

hi someone please help ill give u points:)

whats an easy way to explain confirmation bias?

i don’t understand it at all

Answers

confirmation bias is when a person gives more weight to evidence that confirms their beliefs and undervalues evidence that could disprove it!!

PLS HELPPPP I NEED THIS BY 5PM
How did Christopher Columbus's voyage impact Texas?

(A) Columbus established the Spanish influence in the Americas.
(B) Columbus was the first explorer in Texas.
(C) Columbus led expeditions to settle areas in Texas.
(D) Columbus brought cattle and agriculture to Texas.

Answers

Answer:

A.

Explanation:

Colombus was not the first explorer to go to America or texas. he didn't lead expeditions there, he led expeditions to Hati. he couldn't bring cattle, or agriculture, his crew and him barely had enough food and water for themselves. that's where the other answers are flawed

a smile is an example of:
body language
leadership
work ethic
attitude​

Answers

The correct answer would be A body language
i think attitude but someone else said body language so idrk

In your country the legislative branch has just selected a new prime minister. Based on the scenario. Which type of government do you most likely have

Autocracy

Communism

Parliamentary democracy

Presidential democracy

Answers

Parliamentary democracy us the correct answer

describe donald trump on the issue of the Economy of jobs

Answers

Answer:

With tax cuts and workforce development, American workers are  benefiting

Explanation:

The Supreme Court on Oct. 13 allowed the Trump administration to halt ahead of schedule, setting the stage for a bitter fight regarding the apportionment of the next Congress.

Answers

The correct answer to this open question is the following.

You did not include the options for this question. However, we can say the following.

The Supreme Court on Oct. 13 allowed the Trump administration to halt the 2020 census count ahead of schedule, setting the stage for a bitter fight regarding the apportionment of the next Congress.

This was major news in United States politics because the judicial branch authorized the executive branch to end the census early. This, of course, generated many unconformities and people took the streets to protest because minority groups wanted to make sure they were properly counted in the census that government does every ten years.

what does it mean to say empire is in its golden age

Answers

Explanation:

it means what it says it's in the golden age

Answer:

it means that the empire is at its peak of greatness and wealth

Explanation: its where the empire is at peace and happiness

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