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Amazon currently sells 100 000 copies per year of an e-book at $14.99. The company estimates that customers would buy 174 000 copies of the same e-book at a price of $9.99. What is the effect on Price elasticity of Demand and Total

Price elasticity of demand (PED)= %change in Quantity Demanded/ %change in price So, from the question we can see that the PED is elastic as there is a significant increase in demand for the e-book when pric...
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Answered by Connor O. • Economics tutor
3166 Views

In a lab a hydrogen spectral line is observed to have a wavelength of 656nm. This line is observed in a distance galaxy to have a wavelength of 661nm, what is the recessional velocity of the galaxy?

This question is dealing with phenomena of Redshift, where wavelengths are shifted due to movement between observer and event. The key information to extract from the question is we have a rest wavelength, a...
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Answered by Jamie M. • Physics tutor
7056 Views

How should I approach independent-research coursework essays?

Firstly, the text you choose to base your independent research on is very important. You should always choose one that you will enjoy analysing, one that definitely interacts with your chosen theory and one ...
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4172 Views

What is mitosis?

Mitosis is the DNA replication stage in somatic cells (non sex cells). It involves replication of DNA and ONE division of DNA to produce two genetically identical daughter cells. The stages specific to mitos...
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Answered by Selina N. • Biology tutor
4730 Views

There are n sweets in a bag. 6 of them are orange, the rest are yellow. Hannah takes a random sweet, she eats the sweet and repeats again. The probability that hannah eats two orange sweets is 1/3. Show that n2 - n - 90 = 0.

The best way to think approach question is thinking of it like a tree diagram.We know there are n sweets in total. Therefore the probability of eating 1 orange sweet the first time is 6/n.The probability of ...
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Answered by Selina N. • Maths tutor
3588 Views