7.

Elasticity
Najla Rizkia Ramadhani
5552230123
1. Suppose the price of a Box of Donuts = $5.00, and the quantity
demanded is 1,000 units. If the price rises to $5.75, the quantity
demanded will fall to 800 units.

A. Price elacity of demand for donuts

Ed  (%Q)/(%P)
% Change in Quantity Demanded = 800−1,000 = -0,2= -20%
1000
​
% change in price = 5.75-5.00= 0,15 = 15%
5.00

Price elasticity of demand = - 20% = -1,33 (elastic)

15%
 B. Draw the demand curve
Price

$5,75
1.Price
increase
1%
5
Demand

800 1000

2. affecting 1,33% decrease in demand.

C. Elastic/inelastic?
the price elasticity of demand for donuts is −1.33−1.33, which means that donuts have elastic
demand. This implies that a 1% increase in price will result in a 1.33% decrease in quantity
demanded, and a 1% decrease in price will result in a 1.33% increase in quantity demanded.
 2. Suppose the demand for Burgers at a local shop is given by the equation Qd =
300 - 100P. In this equation, P represents the price of one Burger in dollars.
.

a) Fill in the following table

290 255 250 245 50

SUPPLIES:
• Pencil
• Book notes
• Highlighters

AGENDA:
 WHAT ARE WE LEARNING TODAY?
We will be learning how to identify plot and conflict in a story.

HOW ARE WE LEARNING THIS?

We will be reading a short story and using a plot map to identify
each part.
 MONDAY SUPPLIES:
January 1, 2023 • A pencil
• Laptop
• Charger
QUESTION: • Book notes
• Highlighters
Would you rather do this
or that?
 WHAT ARE WE LEARNING TODAY?
We will be learning how to identify plot and conflict in a story.

HOW ARE WE LEARNING THIS?

We will be reading a short story and using a plot map to identify
each part.
 MONDAY SUPPLIES:
January 1, 2023 • A pencil
• Laptop
• Charger
QUESTION: • Book notes
• Highlighters
Would you rather do this
or that?
 WHAT ARE WE LEARNING TODAY?
We will be learning how to identify plot and conflict in a story.

HOW ARE WE LEARNING THIS?

We will be reading a short story and using a plot map to identify
each part.
 MONDAY, JANUARY 1, 2023

AGENDA: SUPPLIES:
1. attendance • A Pencil
2. bell ringer • Laptop
3. Read a chapter • Charger
4. worksheet • Book notes
• Highlighters
 WHAT ARE WE LEARNING TODAY?
We will be learning how to identify plot and conflict in a story.

HOW ARE WE LEARNING THIS?

We will be reading a short story and using a plot map to identify
each part.