Ariya likes to play golf. The number of times per year that she plays depends on the price of playing a round of golf, Ariya's income, and the price of other types of entertainment-in particular, the price of going to a movie instead of playing golf. The three demand schedules in the following table show how many rounds of golf per year Ariya will demand at each price per round under three different scenarios. In scenario D1, Ariya's income is $50,000 per year and movies cost $9 each. In scenario D2, Ariya's income is also $50,000 per year, but the price of seeing a movie rises to $11. And in scenario D3, Ariya's income goes up to $70,000 per year, while movies cost $11.
Scenario
Income per year
Price of movie ticket
Price of Golf
$50
$35
$20
D1
$50,000
$9
15
25
40
D2
$50,000
$11
Quantity Demanded
10
15
20
D3
$70,000
$11
15
30
50

Answers

Answer 1

Answer:

Using the data under D1 and D2, calculate the cross elasticity of demand for golf at all three prices. (To do this, apply the midpoints approach to the cross elasticity of demand.) At $50, cross elasticity = -2.40 ± 0.05At $35, cross elasticity = -3.00 ± 0.05At $20, cross elasticity = -4.00 ± 0.05Is the cross elasticity the same at all three prices? No. Are movies and golf substitute goods, complementary goods, or independent goods? Complementary goods.b. Using the data under D2 and D3, calculate the income elasticity of demand for golf at all three prices. (To do this, apply the midpoints approach to the income elasticity of demand.) At $50, income elasticity of demand = 1.40 ± 0.05At $35, income elasticity of demand = 2.33 ± 0.05At $20, income elasticity of demand = 3.00 ± 0.05Is the income elasticity the same at all three prices? No. Is golf an inferior good? No, it is a normal good.

Answer 2

The required statement is given as the data tends to the normal good.

What is Statistic?

Statistics is the study of mathematics that deals with relations between comprehensive data.

Calculate the cross elasticity of demand for golf at each of the three prices using the information under D1 and D2.

At $50, the cross elasticity is equal to -2.40 ± 0.05;
At $35, it is - 3.00± 0.05;
At $20, it is - 4.00 ±0.05.
No golf and movies complementary, independent, or alternative goods complementing products b.

Calculate the income elasticity of demand for golf at each of the three prices using the information under D2 and D3.
At $50, the income elasticity of demand is equal to 1.40±0.05
At $35, it is 2.33± 0.05
At $20, it is 3.00± 0.05

Thus, the required statement is given as the data belong to the normal good.

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Related Questions

A simple random sample of 20 items resulted in a sample mean of 15. The population standard deviation is = 9. Round your answers to two decimal places.

Answers

Based on the number of items in the simple random sample, and the sample mean, the standard error of the mean can be found to be 1.12

How to find the standard error?

The standard error of a simple random sample can be found by the formula:

= Population standard deviation / √Number of items in simple random sample

Solving for the standard error gives:

= 5 / √20

= 5 / 4.4721359549995793928183473374626

= 1.118

= 1.12

We can therefore conclude that the standard error of this sample is 1.12.

Rest of the question:
What is the standard error of the mean?

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1,-4,16 what is the 15th term

Answers

The sequence has its 15th term to be 268435456

What is the 15th term of the sequence?

From the question, the given parameters are

1, -4, 16

The above sequence is a geometric sequence, with the following parameters

First term, a = 1Common ratio, r = -4/1

Evaluate the quotient

So, we have

r = -4

The nth term of a geometric sequence is

Tn = a * r^(n-1)

Where

a = 1 and r = -4

Also, we have n = 15

Substitute a = 1 and r = -4 in the equation Tn = a * r^(n-1)

So, we have

Tn = 1 * (-4)^(n-1)

Substitute 15 for n

Tn = 1 * (-4)^(15-1)

Evaluate

Tn = 268435456

Hence, the 15th term of this sequence is 268435456

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0.25 meses en días y horas.

Answers

Answer:

0.25 Months =7.6099 Days= 7 Days, 14 Hours, 38 Minutes and 19 Seconds

In Spanish

0.25 Meses =7.6099 Días= 7 Días, 14 Horas, 38 Minutos y 19 Segundos

I need to find the independent and dependent quantity and a statement that describes the relationship between the independent and dependent quantities

Answers

We have two relations between length of the trench and time.

Case: we want to know how many feet we can dig in a certain amount of time.

In this case, and in most of the cases, time is the independent quantity.

Therefore, the dependent quantity is the other variable: length of the trench.

For example, we can write a proportional relationship between time (x) and length (y) as:

[tex]y=k\cdot x[/tex]

We know that when x=40 min, y=36 ft, according to the machine advertisement.

Then, we can find k as:

[tex]k=\frac{y}{x}=\frac{36}{40}=0.9\text{ ft/min}[/tex]

And we can write the relation as:

[tex]y=0.9\cdot x[/tex]

Answer: the independent quantity is time (in minutes).

NOTE:

Which variable is which depends on what we want to calculate.

If we want to know how much it will take to make a certain length of trench, the independent quantity is the length of the trench. The dependent variable is, in this case, time, as we calculate it from the information about the length of the trench.

If we want to calculate the length of the trench we can dig in a certain time, the independent quantity is time and the dependent quantity is the length of the trench.

Which of the following could be a real-world description of the quantity three times x end quantity divided by 8?
A. The cost of a pizza split by 8 people plus a $3 tip
B. The cost of a pizza plus a $3 tip divided by 8 people
C. The cost per pizza for 3 pizzas divided by 8 people
D. The cost per pizza for 8 pizzas divided by 3 people

Answers

Not sure what is meant by end quantity, but if your equation looks like this:

3x / 8

This means that 3x is 3 times variable and then divided by 8.

A. is NOT correct because there is no addition and 8 is not being divided.

B. is NOT correct because there is no addition and the tip is not divided because it does not exist.

C. is CORRECT because it translates to the cost of a pizza times 3 and then eaten (divided) by 8 people.

D. is NOT correct; it should be switched.

Hope this helped and good luck! :)

URRGENT PLEASE HELP!!!! DOC ATTACHED

Answers

1. A conditional statement can be written as

If it is sunny then there is daylight

The hypothesis is: It is sunny

The conclusion is: there is daylight

2. The converse of the conditional statement

If there is daylight then it is sunny

3. The inverse of the conditional statement

If it is not sunny then there is no daylight

4. The contrapositive of the conditional statement

If there is no daylight then it is not sunny

5. The biconditional statement and can be written because the statement and the converse are both true

6. The biconditional statement is

it is sunny if and only if there is daylight

How to identify a conditional statement

A conditional statement is a term used in logic that refers to the type of statement that has "if-then". It is sometimes called if-then statements. Conditional statement are of two parts the hypothesis required to ensure that the conclusion. Other forms of conditional statements are

converse statementinverse statementcontrapositive statement Biconditional statement

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The area of a rectangle is 69.75 square inches. The rectangle has a length of 9.3 inches. What is the width of the rectangle?
Enter the correct answer in the box.
inches

Answers

Answer:7.5 inches

Step-by-step explanation:

69.75/9.3=7.5

One dealer in sports shirts offers a dozen at 5000 list price, less a 15% discount. A second offers the same shirts for 5200 pesos a dozen less a 20% discount. Which is the better offer and by how much?

Answers

Call the two offers offer A and B respectively.

For offer A, the list price is 5000 pesos with a 15% discount. So you will pay:

[tex]A=5000(0.85)=4250\text{ pesos}[/tex]

For offer B, the list price is 5200 with a 20% discount. So you will pay:

[tex]B=5200(0.8)=4160\text{ pesos}[/tex]

So the first deal is costing 4250 pesos and second one costs 4160 pesos.

Hence the second deal is better by 4250-4160= 90 pesos.

The second deal is the better deal by 90 pesos.

i need help, please

Answers

Answer:

[tex]\frac{51}{4}[/tex]

Step-by-step explanation:

Since they are similar we can set up direct proportions

FE:CB=DE:AB

y:6=17:8

[tex]\frac{y}{6} =\frac{17}{8}[/tex]

cross multiply

8y=17*6

divide by 8 each side

[tex]\frac{51}{4}[/tex]

3,984 is what % of24.9? how do you solve it?

Answers

Answer:

16000

Step-by-step explanation:

3984:24.9*100 =

(3984*100):24.9 =

398400:24.9 = 16000

Solve for x. Below is the equation.

Answers

x = 110

Angle 4 is a vertical angle to the 115 degrees angle. Therefore, it must be the same in degree measure. So, we know angle 4 is 115 degrees.

Additionally, angle 4 and angle (x+5) are co-interior angles. This means that they should add up to 180 degrees.

Applying these concepts, we can create an equation:

115 + (x+5) = 180.

When we solve, we end up with x = 110

if point c divides a directed line segment from point A to point B in a 1 : 5 ratio, what are the coordinates of point B?

Answers

The location of the point B on the line with the endpoints is 63

How to determine the coordinates of the segment?

On the segment, we have the following endpoints

A = -3

C = 8

Rewrite the endpoints of the line segment as

A = (-3,0) and C = (8,0)

The ratio of the line is given as

Ratio, A : B = 1 :5

This means that

Point C = A/A + B

So, we have

C = 1/1 + 5

Evaluate

C = 1/6

The coordinate of point C on the line segment is calculated using

Point C = C * (B - A) + A

So, we have

8 = 1/6 * (B + 3) - 3

This gives

1/6 * (B + 3) = 11

So, we have

B + 3 = 66

Subtract 3

B = 63

Hence, the coordinate of the point B on the line segment is  63

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Possible question

if point c divides a directed line segment from point A to point B in a 1 : 5 ratio, what are the coordinates of point B?

A = -3  and C = 8

For the function ​f(x)=x2−9​, find ​(​a)​ f(x+​h), ​(​b)​ f(x+​h)−​f(x), and ​(​c) f(x+h)−f(x) h.

Answers

Step-by-step explanation:

a)

[tex]f(x+h) = 2(x+h)-9[/tex]

[tex]f(x+h)=2x+2h-9[/tex]

b)

[tex]f(x+h)-f(x)=2x+2h-9-(2x-9)[/tex]

[tex]f(x+h)-f(x)=2x+2h-9-2x+9[/tex]

[tex]f(x+h)-f(x)=2h[/tex]

c)

[tex]f(x+h)-f(x)h=2x+2h-9-h(2x-9)[/tex]

[tex]f(x+h)-f(x)h=2x+2h-9-2hx+9h[/tex]

[tex]f(x+h)-f(x)h=-2hx+11h+2x-9[/tex]

word problem for 4x - 3 = 17?????

Answers

The answer is four times x minus three equals seventeen I think. Hope this helps you.

Answer:  My bill was 17 dollars.  I gave four tokens of equal monetary value to the cashier who gave me in return 3 one dollar bills.  How much was each token worth?  

Step-by-step explanation:  4x - 3 = 17.

                                             add 3 to both sides

                                             4x = 20

                                              x = 5.  Each token was worth $5.

Zachary has a container of worms for fishing. When empty, the mass of the container is 225 grams. With the worms in it, the container has a total mass of 751.4 grams. Each worm has a mass of 11.2 grams. How many worms are in the container? Write and solve an equation to model this equation.

Answers

Solving a linear equation we will see that there are 47 worms in the container

How many worms are in the container?

We know that the mass of the container is 225 grams, and the mass of each worm is 11.2 grams.

Then if there are x worms on the containers, the total mass is:

M(x) = 225g + x*11.2g

In this case, we know that the total mass is 751.4 grams, then we can write:

751.4 g = 225g + x*11.2g

Solving this linear equation we get:

751.4g - 225g = x*11.2g

526.4g = x*11.2g

526.4g/11.2g = x = 47

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A = $16,000, r= 11.0%, t = 5

Answers

Answer:

9495.221

Step-by-step explanation:

16000=Pe^(0.11x5)

in evaluating the expression 8+ 9/4 (-2) jenny found the volume to be 25/2. she thinks that the number is too great, but is not sure what she did wrong

Answers

In evaluating the expression 8+ 9/4 (-2) Jenny found the volume to be 25/2. The mistake she made was

volume = 8 1/4.

What is an expression?

An expression, often known as a mathematical expression, is a finite collection of symbols that are well-formed in accordance with context-dependent principles.

8+ 9/4 (-2) = ?

Hence we solve

(8 – 2) + (9/4 - 0)

6+9/4

The number four is the Least Common Multiple (LCM) of the number one. Multiply each fraction's numerator and denominator by whichever number will result in the denominator of each fraction being equal to the LCM, and then subtract that value from 1.

Subtract the numerators now that the fractions have the same denominators.

9 - 0/4 = 9/4

As we convert to whole numbers we have

9/4 = 2 1/4

Hence

=6 +2(1/4)

=8 1/4.

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someone help pleasee

Answers

no answer for this question

Find the product. Write your answer as a mixed number in simplest form.
4 × 1 8/9

Answers

Answer: 68/9 which simplifies into 7 6/9

Use the Distributive Property and mental math to find the product.
5(88)
Please Explain how to do it. Everyone else is saying the answer is 440, which I know.

Answers

Well first you’re doing multiplication doing 88•5
You can split it up into 80 and 8
so it becomes a lot easier

80•5=400
8•5=40

Then combine them again to get

400+40=440

If you need more of an explanation let me know!!

What is the slope of the line on the graph

Answers

The slope will be -1/3
m= rise/run
The y intercept formula will be
Y=-1/3x+4

Twice a number is 34 less than 4 times the number. Find the number.

Answers

The number is 17.

Let's assume that the number is x.

So according to the question twice a number is 34 less than 4 times the number.

Then, the equation formed will be as follows

⇒ 2x = 4x - 34

Solving the equation we get the value of x which is the respective number.

Combine the like terms then proceed with calculations.

⇒ 4x - 2x = 34

⇒ 2x = 34

Divide both sides of the equation by 2.

⇒ x = 17

Hence the number whose twice is 34 less than 4 times the number is 17.

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Write an equation for the line point slope form and slope intercept formSlope= -6Passing through -3,-7

Answers

For this question, we recall the point-slope form of the equation of a line:

[tex]y-y_0=m(x-x_0)[/tex]

and the slope-intercept form:

[tex]y=mx+b[/tex]

Therefore for the given data, the point-slope form is:

[tex]\begin{gathered} y-(-7)=-6(x-(-3)) \\ y+7=-6(x+3) \end{gathered}[/tex]

and the slope-intercept form is:

[tex]\begin{gathered} y=-6x-18-7 \\ y=-6x-25 \end{gathered}[/tex]

A square swimming pool is surrounded by a cement sidewalk that is 3 feet wide. Enter two different function representations for the total area that the swimming pool and sidewalk enclose, A(x), if the length of the pool is x feet long

Answers

Step-by-step explanation:

the area function for the square pool itself is

A(x) = x² ft²

the area function for the pool and its sidewalk is

A(x) = (x + 6)² = x² + 12x + 36 ft²

simply because in this case the side length of the square is x+3+3 ft long (3ft added on both edges).

The water pressure on a submerged object is given by P = 64d, where P is the pressure in pounds per square foot, and d is the depth of the object in feet.
a. solve the formula for d.


b. Find the depth of a submerged object if the pressure is 672 pounds per square foot.

Answers

The pressure is 672 pounds per square foot at a depth of 10.5 feet.

When a force is delivered to an object's surface perpendicularly to the region across which it is applied, the force is known as pressure (symbol: p or P).

 The pressure in relation to the surrounding air is known as gauge pressure, also spelled gage pressure.Pressure is expressed using a variety of units. The standard unit of pressure in the imperial and U.S. customary systems is the pound-force per square inch (psi), which is equal to one newton per square meter (N/m²) in the SI. Some of these conclusions come up as a result of dividing a unit of force by a unit of area.

a. The given formula is is P=64d

or , d = P ÷ 64

b. at a pressure of 672

d = 672  ÷ 64

or, d = 10.5 feet

Hence the water pressure on the submerged object is given by

d = P ÷ 64

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Eight billion eighty-one million, one hundred and one thousand, five hundred and thirty-one in figures​

Answers

Answer:

8,081,101,531

Step-by-step explanation:

8,081,101,531

Mike decided to rent an airpod from from applerental.com. The website advertised an Airpod rental of $5 a week with a down payment of $10.

How much is the total cost if Mike rented the Airpod for 6 months? (hint: there are 4 weeks in a month)

Answers

If the website advertised an Airpod rental of $5 a week with a down payment of $10, then the total cost he paid if he rented the Airpod for 6 months is $130

The amount he paid for down payment = $10

The rent amount for the airpod for one week = $5

We know,

There are 4 weeks in a month

Number of weeks in 6 month = 6×4

= 24 weeks

The total amount her paid for if he rented the airpod for 6 months = The amount he paid for down payment + (The rent amount for the airpod for one week ×24)

= 10+5×24

= 10+120

= $130

Hence, if the website advertised an Airpod rental of $5 a week with a down payment of $10, then the total cost he paid if he rented the Airpod for 6 months is $130

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Factor and SOLVE the following quadratic, 3x^2 + 13x = -4, and select all solutions that apply.-1 4121/3-1/3-4

Answers

the equation given

we can rewrite the equation as

[tex]3x^2+13+4=0[/tex]

to solve this question, we can use any of the given mehod known to solve quadratic equations which are

1. factorization

2. completing the squares

3. using quadratic equation

for the purpose of this tutoring session, i'll use quadratic equation also know as quadractic formula

the formula is given as

[tex]x=-b\pm\frac{\sqrt[]{b^2-4ac}}{2a}[/tex]

next we proceed to identify the variables

[tex]\begin{gathered} 3x^2+13x+4 \\ a=3 \\ b=13 \\ c=4 \end{gathered}[/tex]

now we can input the values into the equation (formula) above

[tex]\begin{gathered} x=\frac{-b\pm\sqrt[]{b^2-4ac}}{2a} \\ x=\frac{-13\pm\sqrt[]{13^2-4(3)(4)}}{2(3)} \\ x=\frac{-13\pm\sqrt[]{169-48}}{6} \\ x=\frac{-13\pm\sqrt[]{121}}{6} \\ x=\frac{-13\pm11}{6} \\ x=-\frac{13+11}{6} \\ or \\ x=-\frac{13-11}{6} \\ x=-\frac{2}{6} \\ or \\ x=-\frac{24}{6} \\ x=-\frac{1}{3} \\ or \\ x=-4 \end{gathered}[/tex]

from the calculations above, x = -1/3 or x = -4

What is the surface area of the pyramid?

Answers

Answer:

d

Step-by-step explanation:

becuase you multiply leght times width then multiply height so it turns out to be

6x6=36

36x6=180

n
22
When two musical notes are a "fifth" apart, the frequency of the lower
note is the frequency of the higher note. Using f as the frequency of
the higher note, write an expression for the frequency of the lower
note.

Answers

A physics concept called frequency describes how many cycles a wave completes each second. As a result, the following expression is used to get the lower note's frequency [tex]\frac{2}{3}[/tex] f

What is wave ?

A wave is a phenomena that moves through a physical medium without leaving any lasting impression on the molecules therein. Energy is transferred from one end of the medium to the other. Sound waves, light waves, electromagnetic waves, etc. are some examples.

Frequency develops during wave propagation. This can be characterized as the number of cycles a wave makes in a second. It's also measured in Hertz.

Let f stand for the upper note's frequency and for the lower note's frequency we have [tex]f_{1}[/tex]. We therefore have;

[tex]f_{1}[/tex] =[tex]f\frac{2}{3}[/tex]

Therefore, the expression for the frequency of the lower notes is [tex]\frac{2}{3}[/tex] f.

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Belleville ceramics is evaluating its overall mission, including its strengths, weaknesses, opportunities, and threats. It is engaged in which step of the stp process?. piggy bank contains 2.65$ in nickles and dimes. If the number of nickles is 7 less that three times the number of dimes, how many of each are there? Vector v has initial point (-2, -1) and terminal point (8, -5). Write v as a linear combination of the standard unit vectors i and j. Match the following. Match the items in the left column to the items in the right column.1. total to fish 2. starfish to fish 3. starfish to total 4. fish to starfish when is the velocity the greatest ? why? im struggling on this HelloIm having trouble on the *calculus* portion on my ACT PREP GUIDEI need help solving this 1.The band members then talked among (themselves. )A, subject pronoun B, object pronoun C, reflexive pronoun-------------------------------------------------------------------------------------2.She brought a camera along too.A, subject pronoun B, object pronoun C, reflexive pronoun --------------------------------------------------------------------------------------Lara taught them how to play the guitar. A, subject pronoun B, object pronoun C, reflexive pronoun find an equation of the form f(x)=ax^2+bx+c. must solve algebraically and check using a calculator (state, the steps used to perform the check). f(1)=4, f(2)=13, f(4)=46 Should the us adopt a city-state model if so why?(I just want to ask the community their opinion so dont be all like lazy get your own answer In angle VWX, VX is extended through point X to point Y,m/VWX = (x + 14), m/XVW = (x +9), andm/WXY = (5x - 10). What is the value of x? in 3-5, suppose z is a relation which includes the point (-3, 5). what other point must be included in the relation of z has the stated property?3. z is odd4. z is even How will an increase in pressure affect the following chemical equilib-rium: 2NOCl (gas) 2NO (gas) + Cl 2 (gas)? Explain your answer. S is less then or equal to 18 ; s is greater or equal to -9. What is the value of s Write 2400000 in standard form im waiting in the lunch line. Im 18th in line when counting from the front, and 24th when counting from the back. How many poeple are in the line? Which words are verbs? Select three options. mild soak glow invent talent engineer beautiful.MARK Which of the following exponential expressions are equivalent to 64? (Select ALL correct answers for full credit). Please help Ill mark you as brainliest if correct!!! Which weather condition is most likely to occur in areas receiving little solar energy? A. evaporation B. fog C. snow D. rain