<span>a) Differentiate both sides of lnq − 3lnp + 0.003p=7 with respect to p, keeping in mind that q is a function of p and so using the Chain Rule to differentiate any functions of q:
(1/q)(dq/dp) − 3/p + 0.003 = 0
dq/dp = (3/p − 0.003)q.
So E(p) = dq/dp (p/q) = (3/p − 0.003)(q)(p/q) = (3/p − 0.003)p = 3 − 0.003p.
b) The revenue is pq.
Note that (d/dp) of pq = q + p dq/dp = q[1 + dq/dp (p/q)] = q(1 + E(p)), which is zero when E(p) = −1. Therefore, to maximize revenue, set E(p) = −1:
3 − 0.003p = −1
0.003p = 4
p = 4/0.003 = 4000/3 = 1333.33</span>
#1:Proportional Medians Theorem
#2:BD/FH = CB/GF
#3: 24/16 27/x
So the first ratio is 3/2 because both are divisible by 8. the ratio stays 3/2. 3*9=27. so 2*9=18
x=18
#4: x = 8.5
#5: x = 68
Hope this helps!!
Answer: p=−5
Step-by-step explanation:
Step 1: Add 2p to both sides.
p+2p=−2p−15+2p
3p=−15
Step 2: Divide both sides by 3.
3p/3 = −15/3
p=−5
D 1/2 because half the dice is odd and half is even