Answer:
Demand: q = -50p + 1200
Supply: q = 40p
Step-by-step explanation:
First let's define our variables.
q = quantity of T-shirts
p = price
We know that when p = 12, q = 600. When p increases by 1, q decreases by 50. So this is a line with slope -50 that passes through the point (12, 600). Using point-slope form to write the equation:
q - 600 = -50 (p - 12)
Converting to slope-intercept form:
q - 600 = -50p + 600
q = -50p + 1200
Similarly, we know that when p = 9.75, q = 600 - 210 = 390. When p increases by 1, q increases by 40. So this is a line with slope 40 that passes through the point (9.75, 390). Using point-slope form to write the equation:
q - 390 = 40 (p - 9.75)
Converting to slope-intercept form:
q - 390 = 40p - 390
q = 40p
Answer:
Price decrease: $2,597
Price of next model: $46,403
Step-by-step explanation:
100% - 5.3% = 94.7%
94.7% = 0.947 as a decimal
49,000 * 0.947 = 46,403 for next model
The difference is 49,000 (current) - 46,403 (the new model) = $2,597
Hope this helped! Have a great day :D
Step-by-step explanation:
In given, it's said that D is a midpoint, which mean DP == AD, DP is the same as DP because isosceles triangle properties said that two-length are equal when their base angle are equal. In a right triangle, the midpoint D, draws a line to the "90 degree" angle is always a isosceles
What is the half of the number