Given the demand function P = 20 – 5Q, find the price elasticity of demand when price of the commodity is 5 Birr per unit. Mention if the demand is price elastic or inelastic at this point

Answers

Answer 1

Answer:

Explanation:

P=20 - 5Q

5 = 20 - 5Q

5 - 20 = 5Q

-15 = 5Q

Q = 3

E_d =\frac{dQ}{dP}.\frac{P}{Q}=-\frac{1}{5}×\frac{5}{3}=-0.333E

d

=

dP

dQ

.

Q

P

=−

5

1

×

3

5

=−0.333

The demand price is inelastic


Related Questions

If you are in South Africa and you started travelling in east direction which continent would you get to first?

Answers

Australia

Answer:

because u are traveling only in the east direction you will get Australia but if you say north east u can say Asia but the question say east so it's Australia

state and describe 4 environmental issues (crises) that have emerged from the Anthropocene era​

Answers

Explanation:

The Anthropogenic era is a suggested geological period dating from the beginning of crucial human effects on the earth's ecosystems and geology, including anthropogenic weather change.

Land Contamination- It occurs as a result of radioactive and chemical pollution.

Scarcity of Fresh Water- this is due to poor water management practices.

Climate Change- This occurs due to the pollutions of the atmosphere due to emissions of greenhouse effects.

Biodiversity Loss- This is where certain species are threatened to extinction for instance due to the spread of diseases.

The Anthropocene era has faced some of the following environmental issues; ozone layer depletion, temperature increase, biodiversity loss, and changes in the weather pattern.

Anthropocene could be seen as the effect of human activity playing on the earth. A situation where human activities have distorted how the earth should function or has been functioning. The resultant effect of these is loud on the geological changes and we would be describing some environmental issues that have arised as a result of the anthropocene era.

The following are some environmental issues that emerged as a result of Anthropocene era; Ozone layer depletion, temperature increase, biodiversity losses, and weather pattern changes.

- Ozone layer depletion: humans use of equipment that emits cabon(iv)oxide has affected the ozone layer. Cabon(iv)oxide eats up the layers of the ozone. most of these CO2 emission comes from vehicles, stoves e.t.c

- Temperature increase: Due to the depletion of the ozone, the earth is becoming hotter, as there is no shield(ozone layer), to guide the sun from its effect against the earth, thereby increasing temperature on the surface of the earth.

- Biodiversity losses: the effect of human activity has lead to the increase in decline in number of species and some biological communities and this has led to the breakdown of some functioning ecosystem around the world.

- Weather pattern changes: the effect of the ozone layer depletion has affected the weather pattern, the earth becoming hotter by the day and an increase in rain.

The effect of Anthropocene era has caused and is causing lots of damage on the earth especially with the environmental issues emerging, which we have outlined, for more on this click the link; https://brainly.com/question/24440949

What do you have to do become a good primary school teacher

Answers

First have to be good with kid’s, have a lot of patience, be creative, volunteer at schools, go to college, pick your degree, then apply at local schools for a year till you want to move up.
Be good with kids and have a lot of humor

Which one of the following communication events is the best example of performance?

a.Group of answer choices

b.a person telling a joke to their best friend

c. a textbook

d. a conversation between a brother & a sister about an upcoming surprise party for their father

e. a chart showing a bank’s quarterly profits

f. a monthly newsletter

Answers

A chart showing a bank's quarterly profits is the best example of performance. Option e is right.

Performance can be described as a form of review to see how well something is doing. Performance shows the quality of what is being done or what was done. It also shows competence and effectiveness.

A chart is a pictorial way of communicating with viewers. It shows certain trends in the image that is being viewed.

This chart would be showing the quarterly performance of the bank to those that are viewing it.

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6. How is the principle of "rule of law" evident in the Constitution?
a. It lists the laws of the country and gives states the power to enforce them.
b. It creates a government that can make, enforce, and review its own laws.
c. It grants the executive branch the power to make and execute the laws.
d. It provides a method for making laws that the court system carries out

Answers

Answer:

letter A the answer of question

construct a SWOT analysis of yourself and the school​

Answers

Answer:

S- strengths

W-weaknesses

O-opportunities

T-threats

Explain how might a zero interest rate complicate the task of monetary policy

Answers

Answer:

It cannot respond to an adverse shock to the economy by lowering interest rates. One option is to increase inflation by purchasing bonds to stimulate the economy.

1. According to Huntington, what makes America different from European nations? What does this
cause in America approximately every 60 years?

Answers

my tee tuna tjred jf

58.Name three supranational organizations where the Islamic Republic of Iran is a member.

Answers

Answer:

58.Name three supranational organizations where the Islamic Republic of Iran is a member.

Explanation:

Any three supranational organizations where the Islamic Republic of Iran is a member are :

1.Colombo plan

2.Group of 77

Group of 24

In India, which one misile is the most powerful??​

Answers

Answer:Agni-5 missile

Explanation:

What is the relationship between the concepts of opportunity cost and trade-offs?

Answers

An opportunity cost is what you GIVE UP in order to pick another option. On the other hand, a trade-off is what your trade to recieve something else. An example of opportunity cost would be a good education, if you choose to not go to college. You are missing out on a good education, therefore that's the opportunity cost. An example of a trade-off would be going to the football game on a friday night instead of doing your homework. You would be trading doing your homework for the enjoyment of going to a football game. Hope that helps!

during the 1500s Spanish set up missions located off the coast of Georgia. which of the following best describes this area

A. Savanah river
B. Okefenokee Swamp
C. Barrier islands
D. Tybee islands

Answers

Answer:

i think its c

Explanation:

what are sand dunes

if you answered this question first you will be marked as the brainliest and I will also follow you ! ​

Answers

Explanation:

A dune is a mound of sand formed by the wind, usually along the beach or in a desert. Dunes form when wind blows sand into a sheltered area behind an obstacle. Dunes grow as grains of sand accumulate. Every dune has a windward side and a slipface

Answer:

A sand dune is a hill or ridge beyond the reach of the tides, formed from sand sized particles, and may consist of quartz, calcium carbonate, snow, gypsum, or other materials. The upwind/upstream/up-current side of the dune is called the stoss side; the downflow side is called the lee side. Sand is pushed (creep) or bounces ( saltation) up the stoss side, and slides down the lee side.over many years.  Dunes usually form in bands parallel to the beach, getting taller and more chaotic the further away you get.  

Traveling further from the beach towards the back of the dunes the vegetation starts to change. Over time, the whole system grows while shifting closer to the sea, and if you look at the dunes, you can see each ridge going through the different vegetation phases in turn.

Dune systems can also shrink as a consequence of storm events, rising sea levels or an interruption to the supply of sand.

Explanation:

By their very nature, sand dunes are constantly on the move and change throughout the year. The plants adapt and change along with the moving sand. Eventually, the sand becomes fixed into place and more stable, and organic matter builds up when the plants die and decay.

List down any two profession and explain how these profession and their relevant training are related.
25 points!!​

Answers

Answer:

Engineering: the training is related to it based on the knowledge of the type of engineering.

How old was Kathyrn Johnson when she became the first girl to play Little League Baseball in the 1950's?

Answers

Answer:

Kathyrn johnson was twelve years old when she became the first girl to play Little League Baseball in the 1950's

Please help me (15 points)

Answers

Ural mountains i think
Ural Mountains because it is up north a spec

St Thomas Aquinas, contradicting the ancient concepts of Aristotle, attempted to reconcile Faith and Reason.


TRUE OR FALSE

Answers

FALSE, I'd like brainly, but it rlly isn't a hard question so save it for someone else lol

ILL MAKE BRAINLIEST
A plan of action taken by the government to achieve a goal is a….

-regulation

-service

-policy

-guarantee

Answers

Explanation:

A plan of action taken by the government to achieve a goal is a policy

It’s policy.
Hope it helps! If it is, Brainliest please!

True or False: When you see a yield sign, slow down, stop if necessary, and give the right-of-way to other traffic and pedestrians. In contrast, a stop sign requires each driver to stop completely before proceeding, even if no other traffic is present.

Choose one
True
False

Answers

this answer is true
Answer:false
Hope this helped

How to promote industrial development in South Africa

Answers

Answer:

There is plenty of ambition in Africa to industrialise, for good reasons. Manufacturing is probably the only proven development model so far that has helped to bring jobs, export revenues and rapid and sustained prosperity to a range of (mainly Asian) poorer countries.

But unless African countries get down to the messy and laborious task of actively promoting manufacturing through targeted infrastructure, skills development, financial policy, making quality connections with agriculture and services in partnership with the private sector, and preparing for a more digital future, significant industrial capacity may never take hold in Africa. The window of opportunity is closing.

3 disadvantages of tertiary industries

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Answer:

i)Long-term problems include inadequate investment in deteriorating infrastructure.

ii) rapidly rising medical and pension costs of an aging population.

iii)sizable trade and budget deficits.

why did the united states place trade restrictions on japan before ww 2

Answers

Answer:

they wanted to get money

Explanation:

Just because of the business

According to the Journal of Experimental Psychology, how many hours per workday are lost due to distraction

Answers

According to the Journal of Experimental Psychology, three hours are lost at workplaces as a result of distraction.

According to the research carried out, the distraction of workers at their workplaces result in bad moods and lowers the productivity of the employees.

People get distracted at their workplaces as they check social media and talk with their colleagues rather than doing their work. It was believed that the distractions were self inflicted.

In conclusion, distraction results in about three hours lost at workplaces and brings about lower productivity.

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https://brainly.com/question/13929903

Define the concept "risky behaviour" and explain two factors why it is important for youths to investigate and be knowledgeable about it.​

Answers

Answer:

Risk behaviour or risky behaviour is simply behaviour that runs the risk of the person and/or those around them being hurt or damaged physically, socially or emotionally. Teenagers investigating it? ... That may help them evaluate the wisdom of taking up the particular behaviours.

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mark me as a BRAINLIST

How is Thomas Jefferson a revolutionary thinker

Answers

Thomas Jefferson invented the light bulb which was a very revolutionary invention. Not only had it impacted many lives when he was alive, but also it impacts our lives still today, making it an extremely revolutionary invention

Why organizing is important in organization

Answers

Answer:

ensures effective role-job-fit for every employee in the organization .

Explanation:

Help Which is the MOST LIKELY consequence when the U.S. dollar LOSES value relative to the Euro?

А

Europeans purchase fewer American products.

B

Europe exports more products to the U.S.

С

The U.S. develops a trade deficit.

D

European goods become more expensive for Americans.

Answers

Answer:

European goods become more expensive for Americans

Explanation:

because dollars loses value relat

iveto the Europ

Which of the following is not a feature of the Constitution of 1789?

Question 2 options:

republicanism


divided powers


libertarianism


adaptability

Answers

Answer:

Option no. 2 republicanism

what was Kenya first called by Americans ​

Answers

Answer:

Kenya was firstly called by americans ,kenia

Answer:

when the country was referred to as the East African Protectorate. The official name was changed to the Colony of Kenya in 1920.

Explanation:


1. You have observed the vigorous production of gas bubbles in a mixture of water, sugar, and yeast.
Write a scientific question that you could explore with an investigation.

Answers

A scientific question that you could explore with an investigation after you observed the vigorous production of gas bubbles in a mixture of water, sugar, and yeast is; " Is yeast responsible for the evolution of gas?"

A scientific question is a question that is testable. It can be verified by an experiment.

According to the question, it was observed that gas bubbles were produced in a mixture of water, sugar, and yeast.

If we ask the scientific question;  " Is yeast responsible for the evolution of gas?" we can answer it by having two set ups.

One should contain water and sugar without yeast while the other will contain water, sugar, and yeast.

This two set ups are observed for evolution of gas. In that way, we can answer the question; " Is yeast responsible for the evolution of gas?"

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