The inverse demand function of the given demand function is <u>p = 50 - q/2</u>.
A graph that depicts the relationship between a product's price and demand is called a demand curve. On a demand graph, the horizontal axis represents the amount desired, while the vertical axis represents the product's price.
The price is a function of the quantity required when there is an inverse demand curve. The inverse of a demand curve indicates that variations in the amount required cause changes in price levels. The formula for calculating the demand curve for a product yields the graph of an inverse demand curve.
Given demand function: q = 100 - 2p.
To find the inverse demand function, we find the inverse of the equation, by isolating p, to get:
q = 100 - 2p,
or, 2p = 100 - q,
or, p = 100/2 - q/2,
or, p = 50 - q/2.
Thus, the inverse demand function of the given demand function is <u>p = 50 - q/2</u>.
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Answer: 5, 8
<u>Step-by-step explanation:</u>
The difference between 3 times a number and -8 is BETWEEN 23 and 32
Note: "difference" means subtraction --> 3x - (-8) --> 3x + 8
23 < 3x + 8 < 32
15 < 3x < 24 <em> subtracted 8 from all 3 sides</em>
--> 5 < x < 8 <em>divided 3 from all 3 sides</em>
Step-by-step explanation:
the answer is in the above image
