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:
Step-by-step explanation:
Distribute the parenthesis
Add 20 to both sides
Divide both sides by 2
Hope this helps
Answer:
The probability that the sample will contain exactly 0 nonconforming units is P=0.25.
The probability that the sample will contain exactly 1 nonconforming units is P=0.51.
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Step-by-step explanation:
We have a sample of size n=4, taken out of a lot of N=12 units, where K=3 are non-conforming units.
We can write the probability mass function as:
where k is the number of non-conforming units on the sample of n=4.
We can calculate the probability of getting no non-conforming units (k=0) as:
We can calculate the probability of getting one non-conforming units (k=1) as:
Answer:
1. Different
2. More
3. Greater too
Step-by-step explanation:
I'm not completely sure I'm not good with graphs but i hope its right!
Answer:
n⁶
Step-by-step explanation:
Base= n
exponent=⁶
