Ok so we know that y=1 so we can simply sub in the value of y into the equation :
y = -5x +3
1 = -5x +3
Move the -5x to the LHS ( Left-hand-side ) therefore it changes sign as well move 1 to the RHS ( Right-hand-side ) it also changes sign.
5x = 3 - 1
5x = 2
x = 2/5
x = 0.4
Hope this helps :).
Answer:
the selected answer/2
Step-by-step explanation:
not a function because the same y has 2 different x values
Answer: a) Q= 5units
b) R= $75
Step-by-step explanation:
The maximum revenue is at dR/dq = 0
Revenue = price x quantity of demand = p × q
Substituting p = 30- 3q
R = (30-3q) × q
R= 30q- 3q2 (q2 = q raised to the power of 2)
dR/dq = 30- 6q = 0
6q = 30
q= 30/6= 5
q= 5 units
R = pq= 30q- 3q2
R= 30(5) - 3( 5×5)
R= 150- 75
R= $75
Goodluck...
