Question: A garden shop determines the demand function during early summer for tomato plants where q = D ( x ) = 0 0 / 2

A garden shop determines the demand function during early summer for tomato plants where q= D(x)=00/20x+9 is the number of pints sold per day when the price is x=3 dollars per plant. (a) Find the elasticity.(b) Find the elasticity when x=3(c) At $3 per plant, will a small increase in price cause the total revenue to increase or decrease?
Recht Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $9.30 per machine-hour and fixed manufacturing overhead cost of $17,940 per period. If the denominator level of activity is 1,200 machine-hours, the fixed element in the predetermined overhead rate would be:
Multiple Choice
$14.95
$930.00
$24.25
$9.30
A garden shop determines the demand function

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