willi185

willi185

Lv2

Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology

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Science2Psychology1Accounting2Calculus3Physics1Economics1Chemistry2

price% of current

Q P %P %Q
0.1 196.35 25 50.0% 42.5%
0.2 137.79 50 33.3% 28.3%
0.3 10.7.37 75 25.0% 21.3%
0.4 88.55 100 20.0% 17.0%
0.5 75.68 125 16.7% 14.2%
0.6 66.29 150 14.3% 12.1%
0.7 59.11 175 12.5% 10.6%
0.8 53.44 200 11.1% 9.4%
0.9 48.83 225 10.0% 8.5%
1 45.00 250 9.1% 7.7%
1.1 41.81 275 8.3% 7.1%
1.2 39.08 300 7.7% 6.5%
1.3 36.71 325 7.1% 6.1%
1.4 34.63 350 6.7% 5.7%
1.5 32.79 375 6.3% 5.3%
1.6 31.15 400 5.9% 5.0%
1.7 29.68 425 5.6% 4.7%
1.8 28.35 450 5.3% 4.5%
1.9 27.14 475 5.0% 4.2%
2 27.14 500

These are the steps Professor gave..its in picture format, but excel format on powerpoint slide. for some reason it's not allowing me to upload here..let me know if you need it, and how I can upload it..

steps:

Step 1: Find 3 data points . Price , Quantity and Price Elasticity of Demand (THis step is done below in excel file)

Step 2: Place original Price ,and quantity at center row of your spreadsheet

Step 3: Establish an array of prices levels to “test” for new quantities demands . In this case I said from 10% to 200% of current price in 10% Increments

Step 4: Multiply your Beginning price (in my case 250) by the first column to generate the prices to test. E.g., the first number is 0.1*250, the last one is 2.0*250.

Step 5: Calculate the % change in price shown for each step in the P column. E.g., the top number is (50-25)/50 =0.5, the last number is (475-500)/500 = 5%

Step 6: Use the price elasticity of demand (in my case 0.85) to establish what % change in quantity is associated with each percentage change in price. E.g., the first number is 0.85*50%=42.5%, the last one is 0.85*5% = 4.2%

Step 7: Find the “new” quantities that correspond to the prices by adding or subtracting the expected percentage change in quantity in the last column. E.g. 48.83= 45*(1+0.085), 53.44 = 48.83*(1.094), 31.15 = 32.79 *(1-0.05)

Question:

If in 2016, gasoline price averaged $3.00/gallon at the pumps in the US and consumption totalled 3.25 billion barrels.

1.Estimate a demand curve for US gasoline under the assumption of a constant elasticity along the demand curve (you have all you need in the class slide deck)

a)Show all calcs in EXCEL and show the curve.

2.Show what this demand curve would look like if population grew 5% (all else equal)

3.Show what this demand curve would look like if per capita income grew 10% and the income elasticity of demand was 0.9 (all else equal)

4.Show what this demand curve would look like if per capita consumption fell 12% (all else equal)

Answer: Step 1: Find 3 data points . Price , Quantity and Price Elasticity of ...
Answer: Feb 1. Issued 25,000 shares of common stock for$120,000
Answer: 3
Answer: 3
Answer: 5

I need a 5 paragraph lab report completed with this information. Asap.

After having studied Circulation/Respiration and Digestion, it will be very important for us to look at and put into practice one important aspect of the thread that ties these three aspects in terms of one of the elements known as the DIVERSITY OF MICROBES.

=>> > As you prepare to complete this lab and ready to write your final report, ensure that you are able to answer the following questions and incorporate your answers/responses in the specific sections of your written lab report

(1) What is aseptic technique?

(2) What are microbes?

(3) What media is being used in the lab?

(4) What inoculum is used in the lab?

(5) Why was a control used for this experiment?

(6) How will you store your agar plates?

First paragraph Must include background information for the lab, objective (s) of the lab relation to the class materials.

Second paragraph is about Relevant materials and methods used, Steps used to carry out the lab, Measurements taken

Third paragraph must have Record of all the results obtained, Tables, graphs, pictures, drawings, Other observations relevant to the label exercise.

Fourth paragraph must Explanation of all results in relation to the objective of the lab, Interpretation of the data lab according to the data collected or observations make or taken during the lab.

Fifth paragraph must be a Summary of your findings and the interpretations of the data in relation to the objectives or aim of the lab and relationship to the class topic, etc. Recommendations, if any.

Answer: 3

Answer: A
Answer: 50
Answer: 10
Answer:N
Answer: 4
Answer: Step-by-step explanation:deviating from the normal or averagea person ...

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