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:616 cm²
Step-by-step explanation:
Answer:
The zeroes of this function are x=-5 and x=4
Answer:
Step-by-step explanation:
<u>Use both points and find the slope:</u>
- m = (1 - 4) / (8 - 4) = - 3/4
<u>Find the line, using point-slope form and point (4, 4):</u>
- y - 4 = - 3/4(x - 4)
- y - 4 = - 3/4x + 3
- y = - 3/4x + 7
This would result in a biased sample because:
- the survey is surveying elementary kids about a new youth center
most of those kids are more likely than not to want a youth center, so most of them will naturally agree without a doubt for the need of a youth center
- Even the adults at the elementary school are more likely than not to agree with a new youth center because they are teachers and can even benefit from working at the youth center
- in final words the reason why this survey will be biased is because there is no variety in the participants being tested. It is basically just asking teachers she students their preference, excluding the rest of an entire community
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