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:
Alex will need 14 bags
Step-by-step explanation:
B= 4(2x+7)+3(2x+7)
and
2x+7=2
First, we should solve the second equation to obtain x:
2x+7=2
2x=2-7
x= -5/2
Then, we use this answer to calculate B:
B=4(2(-5/2)+7)+3(2)
B=4(-5+7)+6
B=4(2)+6
B=8+6
B=14
Alex will need 14 bags
are you going to show a picture??? its impossible to answer otherwize
Answer: a. statistic
Step-by-step explanation:
- Population : It is a set of all possible observations that can be made regarding a study by the researcher.
- Sample : It is finite subset of population that represents the population in the researcher's analysis.
- Population parameter : It is a value that is calculated from the entire population such as population mean , population proportion etc.
- Statistics : It is a value that is calculated from the sample taken out from population.
Since ,The group of people who took poll are representing the sample.
Therefore, 92% of those polled said that a year from now their family financial situation will be as good as it is today or better that means 92% describes a statistics.
Thus , the correct answer is a. statistic