The answer to your problen is1,459
Answer:
See explanation
Step-by-step explanation:
Depends on what you round the numbers to, but let's say you round 102.3 to the nearest hundred (100) and 4.7 to the nearest one (5). We can easily solve 100/5 and get the answer 20.
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>.
Learn more about inverse functions at
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Start with how much profit they are making off each race entry. People pay $55 to race, but $15 of that is expenses so they are only profiting $40 for each entry. Now write one side of the equality. They start with $10,000 in donations, and then have a $40 profit for each race entry. So 10,000+40x. X will represent the unknown number of race entries. What do we want that expression to be equal to? We want 10000+40x>55000. It can also be greater than or equal to, not just greater than.
Solve for x. Subtract 10000 from each side resulting in 40x>45000. Divide each side by 40 to solve for x. X>1125. X needs to bbe greater than or equal to 1125. If there are 1125 race entries, the charity will profit exactly $55000, so the lowest number of race entries is 1125
Answer:
Concurrent as my perception
