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denis23 [38]
3 years ago
7

There is no demand for a certain commodity when the unit price is $200 or more, but the demand increases by 200 units for each $

10 decrease in price below $200. Find the demand equation.
Business
1 answer:
nikitadnepr [17]3 years ago
8 0

Answer:

y = -0.05x + 200

Explanation:

Two points are available ($200, 0), ($190, 200)

We find the equation from these two points.

Slope = (190-200)/(200 -0) = -10/200 = -0.05

Now, we write the equation of line with scope m=-0.05 and point (0. 200)

y-200 = -0.05(x-0)

y = -0.05x + 200 (Demand equation)

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6 0
2 years ago
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Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the money market rate where the
Furkat [3]

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The computation of the amount that she have to donate is shown below:

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