Based on what information? A commonly used formula is force = mass x acceleration.
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The point of elasticity can be found by calculating the elasticity of demand or supply at a specific point on a curve. This is done using the formula: Elasticity (E) = (ΔQ / Q) / (ΔP / P), where ΔQ is the change in quantity, Q is the original quantity, ΔP is the change in price, and P is the original price. You can also use the slope of the demand or supply curve at that point, along with the ratio of price to quantity, to determine elasticity. If E > 1, demand is elastic; if E < 1, it is inelastic; and if E = 1, it is unitary elastic.
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The formula for calculating forward FX is Forward price - SpotÊÊprice x 12 x 100. This is used to compute the annual forward premium.Ê
To calculate the quantity demanded when the elasticity is given, you can use the formula: Quantity Demanded (Elasticity / (1 Elasticity)) (Price / Price Elasticity). This formula helps determine the change in quantity demanded based on the given elasticity and price.
To effectively solve for the elasticity of demand in economics, you can use the formula: Elasticity of Demand ( Change in Quantity Demanded) / ( Change in Price) By calculating the percentage change in quantity demanded and price, you can determine how responsive consumers are to price changes. A higher elasticity value indicates a more sensitive demand, while a lower value suggests less sensitivity.
Based on what information? A commonly used formula is force = mass x acceleration.
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The formula for computing elasticity of demand is: (Q1 - Q2) / (Q1 + Q2) ------------------------------ (P1 - P2) / (P1 + P2)
The formula for calculating the magnitude of acceleration is acceleration change in velocity / time taken.
The formula for calculating strain is: Strain Change in length / Original length. The formula for calculating stress is: Stress Force applied / Cross-sectional area.
Formula for calculating the area of sphere is : 4 * pi * r * r