The Demand Function for Small Business Computers in the United

question 86

Multiple Choice

The demand function for small business computers in the United States is given by x = 200 - 10p, where x is annual sales measured in thousands of computers and p is the price of a computer measured in thousands of dollars.Japanese firms supply a big share of these computers.They measure prices in yen where 150 yen equal 1 dollar.The price of 1 computer is $10,000.Let E_u be the price elasticity of demand at this price as calculated by US firms who measure in dollars, and let E_j be the price elasticity of demand at the same $10,000 price but measured in yen by the Japanese firms.Which of the following are the values of E_u and E_j, respectively?

• A)-1, 2150
• B)-1, 21
• C)-2, 22
• D)-2, 2300
• E)-2, 20.0133

Identify and describe the parts of the eye essential for seeing and protecting vision.

Comprehend the neural pathway of vision and hearing from sensory organs to the brain.

Recognize the characteristics and properties of sounds and how they are processed and perceived.

Understand the structure, function, and importance of inner ear components in hearing and balance.

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Definitions:

Sum Of Values

The total obtained by adding together a sequence of numbers, quantities, or items.

Mode

The value that occurs most frequently in a data set.

Average

The most representative score in a set of scores.

Common Average

The arithmetic mean or simple average of a set of values, calculated by summing them up and dividing by the number of values.