Chet needs to buy 4 work shirts, all costing the same amount. After he uses a $25 gift certificate, he can spend no more than $7
1 answer:
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Answer:
The demand equation is: D=-4p+23
Step-by-step explanation:
To get started, we should keep in mind that the market price (p=3) occurs when supply equals demand ,therefore when p=3
S=2(3)+5=11
Thus, when p=3 D=11 and, according to the problem when p=1 D=19.
We already know two points on the demand curve. Great!
The demand equation is linear, so it has form D=bp+c.
The variable b is the slope of the demand linear equation . It can be computed through the formula
. equation 1
Substituting the two points (3,11) and (1,19) on equation 1.
b=-4
Now we can find the value of intercept of the demand equation c trough point-slope form y-y1=b(x-x1).
We can use any of the points. Let's take (3,11) and write in point-slope :
y-11=-4(x-3)
y=-4x+11+12
y=-4x+23
Rewrite the linear equation according our variables D and p
D=-4P+23
Finally we found the demand equation !
Answer:
Option b. 12
Step-by-step explanation:
we know that
To find the average rate of change, we divide the change in the output value by the change in the input value
The average rate of change is equal to
In this problem we have
Substitute
Answer:
Step-by-step explanation:
step 1
Alex’s printer
we know that
print 8 photos in 12 minutes
so
by proportion
Find how long will it take the printer to print 120 photos
step 2
Khalil’s printer
we know that
print 24 photos in 1 hour (60 minutes)
so
by proportion
Find how long will it take the printer to print 120 photos
step 3
Find the difference