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:
x = 2
Hope it helped :D
Step-by-step explanation:
Answer: 3
Explanation:
x + 7 = 5 x 2
you do 5(2) and get 10
plug in 10 and the equation looks like:
x + 7 = 10
from there you would subtract 7 from 7 and 10 to isolate x and get your answer of:
x = 3 :)
Answer:
x ≤ 5
Step-by-step explanation:
18 minutes
3/10=18/60
60 represents the hour
18 represents time spent warming up and cooling down.
