Answer:p = (2100 - x)/25
Step-by-step explanation:
According to the law of demand, when the price,p of the brand of MP3 players is is high, the quantity,x of the brand of MP3 players demanded would be low and when the price,p of the brand of MP3 players is is low, the quantity,x of the brand of MP3 players demanded would be high.
To derive the demand equation, we would apply the slope intercept form of equation which is expressed as
y = mx + c
Where
m = slope
c = intercept
The slope, m would be
(y2 - y1)/(x2 - x1)
Slope = (1100 - 100)/(40 - 80) = 1000/-40
Slope = - 25
To find the y intercept, we would substitute m = - 25, y = 1100 and x = 40 into y = mx + c. It becomes
1100 = - 25 × 40 + c
1100 = - 1000 + c
c = 1100 + 1000 = 2100
y = - 25x + 2100
Therefore, the demand equation is
x = - 25p + 2100
25p = 2100 - x
p = (2100 - x)/25
Answer:
I believe it is 1
Step-by-step explanation:
Answer:
C
5(10)+10=60
-2(-5)+7=17
Step-by-step explanation:
Answer:
The correct answer is C, as growth on stock E is bigger from the growth of stock B
Step-by-step explanation:
In order to resolve this problem, we must have in mind that the negative numbers are smaller when they are more distant from 0, and that positive numbers are bigger when they are more distant from 0. So, the biggest number of growth is the one that is more distant from 0.
The correct answer is C, as growth on stock E is bigger from the growth of stock B.
