# Calculus sequence and series assignment

need help with calculus, sequence and series

QUIZ 1

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1. Cikli is the manager of a firm that receives a revenue of RM3000 per month from product X and RM7000 per month from product Y. The price elasticity of demand for product X is -2.5 when original quantity (Q) for X and Y are 150 and 175 units, respectively and the cross price elasticity of demand between product X and Y is 1.1. If Cikli increases the price of good X by 1%.
2. How much will Cikli’s total revenue change for product X?
3. How much is Cikli’s new total revenue for both of the products?
4. Plot a graph for product X and another for product Y, showing the before and after change in price.
5. Give an appropriate example for each product.

1. Zulaikha and Ker Xin went to a shop to buy rice. Zulaikha wanted to buy 10kg of rice and Ker Xin wanted to buy RM20 worth of rice. Find the price elasticity of demand for each of them.

1. Nadzif always spends one-fifth of his income on food. Calculate his income elasticity of demand (use the midpoint formula).

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