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:
3y+x
Step-by-step explanation:
commutative property :
a+b=b+a
Similarly:
x+3y=3y+x
Answer:
Somewhere between 12 and 13, perhaps 12.25
Step-by-step explanation:
This is a (rather) simple explanation:
Look for 2 square numbers that are either side of 150
In this case, it is 144 and 169
The square root of 144 is 12 and the square root of 169 is 13
Therefore we can estimate that the square root of 150 is somewhere between 12 and 13.
As 150 is a lot closer to 144 to 169, I would estimate around 12.25 but you do not need an exact value :)
Hey!
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Solution:
9 + 22 = x + 1
9 + 22 - x = x + 1 - x
31 - x = 1
31 - x 31 = 31 - 1
x = 30
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Answer:
x = 30
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Hope This Helped! Good Luck!
