G10 Checkpoint 2 Review
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Items in this lesson
Slide 1 - Slide
Slide 2 - Slide
Slide 3 - Slide
Slide 4 - Slide
Slide 5 - Link
Slide 6 - Slide
Slide 7 - Slide
The total cost of making 50 shoes is 750 Dirhams. The business wants to make a 10% profit on each pair of shoes. How much is the selling price?
A
7.5 Dirhams
B
16.5 Dirhams
C
35 Dirhams
D
75 Dirhams
Slide 8 - Quiz
Slide 9 - Slide
Slide 10 - Slide
Mahra sells customized Emirati gift products. She increases the price of the products. Calculate the PED. % change in quantity demanded = 20%
% change in price = 25%
% change in price = 25%
A
0.5
B
0.8
C
1
D
3
Slide 11 - Quiz
Mahra's PED for her products' price increase is 0.8.
What type of elasticity is this an example of?
What type of elasticity is this an example of?
A
elastic
B
inelastic
C
unitary elastic
