The inverse demand function of the given demand function is <u>p = 50 - q/2</u>.
A graph that depicts the relationship between a product's price and demand is called a demand curve. On a demand graph, the horizontal axis represents the amount desired, while the vertical axis represents the product's price.
The price is a function of the quantity required when there is an inverse demand curve. The inverse of a demand curve indicates that variations in the amount required cause changes in price levels. The formula for calculating the demand curve for a product yields the graph of an inverse demand curve.
Given demand function: q = 100 - 2p.
To find the inverse demand function, we find the inverse of the equation, by isolating p, to get:
q = 100 - 2p,
or, 2p = 100 - q,
or, p = 100/2 - q/2,
or, p = 50 - q/2.
Thus, the inverse demand function of the given demand function is <u>p = 50 - q/2</u>.
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21. Find the unit rate ($ per fl oz). Compare the two prices.
22. Multiply 2 3/5 by 7, and 5 3/4 by 4. Add those together and get the answer.
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Answer:
the right answer is d
I hope it is helpful for you
Answer:
(2,0)
Step-by-step explanation:
-1-1 = 2
-3+3=0
Taking x2 and x1 and y2 and y1 we have found our slope
The answer is 1/3
1/3 + 1/3 + 1/3 equals 1
which is the same as 1/3 times 3
