Answer: Therefore the demand function can be given as;
q = -3/2p + 1590
Step-by-step explanation:
Given that at;
$900 the monthly demand is 240. ....1
$850 the monthly demand is 315. ....2
Since, the function is a linear function. The demand function would be of the form;
q = mp + c ....5
Where q = quantity demanded
p = price m = slope and c = intercept
Substituting conditions 1 and 2 to the equation.
240 = 900m + c. ...3
315 = 850m+ c ...4
Subtracting eqn 4 from 3
-75 = 50m
m = -75/50
m = -3/2
Substituting m = -3/2 into equation 3;
We have,
240= -3/2(900) + c
c = 240 + 3/2(900)
c = 1590
Therefore the demand function can be given as; substituting m and c into equation 5, we have;
q = -3/2p + 1590
Answer:
The answer is 40 3 point answers and 6 5 point answers.
Ask for proof in the comments.
I hope this helps!
Answer:
7
Step-by-step explanation:
f(x) = 3x+1
f(2) means let x=2
f(2) = 3(2)+1
= 6+1
=7
Answer:
The answer is 2
Step-by-step explanation:
Multiply the numerator and denominator by the conjugate.
Answer:
The answer is B. No solution
Step-by-step explanation:
16x^2 is not equal to 100, so the equation is false, and there is no solution for x.
