The demand equation illustrates the price of an item and how it relates to the demand of the item.
- The slope of the demand function is -1/2
- The equation of the demand function is:

- The price that maximizes her revenue is: Ghc 85
From the question, we have:


The number of plates (x) decreases by 10, while the price (y) increases by 5. The table of value is:

The slope (m) is calculated using:

So, we have:



The equation of the demand is as follows:
The initial number of plates (300) decreases by 10 is represented as: (300 - 10x).
Similarly, the initial price (20) increases by 5 is represented as: (20 + 5x).
So, the demand equation is:

Open the brackets to calculate the maximum revenue


Equate to 0

Differentiate with respect to x

Collect like terms

Divide by 100

So, the price at maximum revenue is:



In conclusion:
- The slope of the demand function is -1/2
- The equation of the demand function is:

- The price that maximizes her revenue is: Ghc 85
Read more about demand equations at:
brainly.com/question/21586143
Answer:
15
Step-by-step explanation:
Let x represent the number of algebra problems. Then the number of geometry problems was 27-x and the total working time was ...
2x +5(27 -x) = 90
-3x = 90 -135 . . . . subtract 135
x = -45/-3 = 15 . . . divide by -3
Rob had 15 algebra problems for homework.
Total÷price each=amount sold
$115.50÷$3.50=33
The store sold 33 mugs
92 - 20 = 72
72 / 2 = 36
36 + 20 = 56
36 + 56 = 92
So 36 and 56 are your answer