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: 1/7
Step-by-step explanation:
Total questions answered = 49
Harry correct answers = 42
Harry wrong answers = (49 - 42) = 7
Thus, the only fraction of wrong answers = (Number of wrong answers / Total number of questions answered)
i.e 7/49
= 1/7
Thus, harry answered 1/7 of the 49 questions wrongly.
Answer:
58.333333 percent
Step-by-step explanation:
58 percent
I took 42 divided by 72 times 100
Answer:
5.8
Step-by-step explanation:
Y e s .
Using the Distance formula and all.
Answer:
n=-2
Step-by-step explanation:
Because when you are looking at the numbers they drop by two, so the answer must be decreasing by n= -2.
