ABC Bookstore sells new books according to the demand function P = -Q + 25, where P is the price and Q is the quantity. If the b

Question

SOVA2 [1]

2 years ago

15

ABC Bookstore sells new books according to the demand function P = -Q + 25, where P is the price and Q is the quantity. If the b

ookstore charges $18 for a new book, how many new books can the store expect to sell?

Mathematics

2 answers:

Ghella [55] · Answer 1 · 2022-05-04T18:47:54+03:00

Ghella [55]2 years ago

4 0

P = -Q + 2518 = -Q + 2518-25 = -Q-7 = -Q-7/-1 = -Q/-1Q = 7
Therefore, the store can expect to sell 7 new books if they will charge $18 for the new books.

vekshin1 · Answer 2 · 2022-05-04T19:49:48+03:00

vekshin12 years ago

3 0

Answer:

P = -Q + 2518 = -Q + 2518-25 = -Q-7 = -Q-7/-1 = -Q/-1Q = 7

Therefore, the store can expect to sell 7 new books if they will charge $18 for the new books.