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:
The answer is 50.24
Step-by-step explanation:
C=2Лr
C=16Л
C=50.24
Y=Mx +b
B is 0 because that’s where the graph intercepts the y axis.
M is found by picking any two points and finding the rise and run because m is equal rise/run
Points of choice: (-2,4) and (2,-4)
=2−1/2−1 = -8/4
m is equal -2
Y= -2X
Look at the picture below to differentiate between positive and negative slopes.
Answer:
- $8000 at 1%
- $2000 at 10%
Step-by-step explanation:
It often works well to let a variable represent the amount invested at the higher rate. Then an equation can be written relating amounts invested to the total interest earned.
__
<h3>setup</h3>
Let x represent the amount invested at 10%. Then 10000-x is the amount invested at 1%. The total interest earned is ...
0.10x +0.01(10000 -x) = 280
<h3>solution</h3>
Simplifying gives ...
0.09x +100 = 280
0.09x = 180 . . . . . . . subtract 100
x = 2000 . . . . . . divide by 0.09
10000 -x = 8000 . . . . amount invested at 1%
<h3>1.</h3>
$8000 should be invested in the 1% account
<h3>2.</h3>
$2000 should be invested in the 10% account
She will have traveled 7,388 miles.
hope this helps!
