Rel(P)=P−xPRel(P)=\frac{P-x}{P}Rel(P)=PP−x
0.04=P−0.18P0.04=\frac{P-0.18}{P}0.04=PP−0.18
0.04P=P−0.180.04P=P-0.180.04P=P−0.18
P=0.181−0.04=316=0.1875P=\frac{0.18}{1-0.04}=\frac{3}{16}=0.1875P=1−0.040.18=163=0.1875
Need a fast expert's response?
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!
Comments