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Please can you help me to understand the concept of price elasticity of demand (PED)?

PED is a measure of the responsiveness of demand following a change in the price of a good or service e.g. if the price of good X rose by 20%, PED would measure the extent to which the demand for good X chan...
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Answered by Tara P. • Economics tutor
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A car is travelling with a velocity of "0.5t^2+t+2" m/s at t=0 (where t is in seconds), find the acceleration of the car at a) t=0 b)t=2

Acceleration can be described as the ' rate of change of velocity ' as it is simply how quickly the car is increasing/decreasing in velocity. Therefore as the velocity is described as an expression of t - ti...
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Answered by Dominic E. • Maths tutor
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Observe the following set of data points: [1 2 2 2 3 4 8 9 9 10 10 12]. What is the mean and standard deviation of this data? Are the mean and standard deviation a good summary of the distribution, and why? Calculator allowed.

The mean of the data is calculated simply as the sum of the numbers divided by their count: (1+2+2+2+3+4+8+9+9+10+10+12) / 12 = 6 .The standard deviation is the square root of the variance. The variance is t...
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Answered by Andrey B. • Psychology tutor
2158 Views

Quelle est la différence entre les déterminants "Ses" et "Ces" ?

"Ses" est un déterminant possessif pluriel. Il est lié à un nom pluriel et donne une indication sur la personne (à qui le "nom" appartient). Ex: Léopold a oublié ses clés. Meaning : Léopo...
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Answered by William D. • French tutor
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Find d/dx (ln(2x^3+x+8))

Use the chain rule: dy/dx = dy/du * du/dx Let y = ln(2x^3+x+8)Let u = 2x^3+x+8 dy/dx = d/dx (ln(2x^3+x+8)) = dy/du * du/dx dy/du = 1/udu/dx = 6x^2 + 1 dy/dx = 1/u * (6x^2 + 1) = (1/(2x^3+x+8)) * (6x^2 + 1) =...
Answered by • Maths tutor
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