The demand equation illustrates the price of an item and how it relates to the demand of the item.
- The slope of the demand function is -1/2
- The equation of the demand function is:

- The price that maximizes her revenue is: Ghc 85
From the question, we have:


The number of plates (x) decreases by 10, while the price (y) increases by 5. The table of value is:

The slope (m) is calculated using:

So, we have:



The equation of the demand is as follows:
The initial number of plates (300) decreases by 10 is represented as: (300 - 10x).
Similarly, the initial price (20) increases by 5 is represented as: (20 + 5x).
So, the demand equation is:

Open the brackets to calculate the maximum revenue


Equate to 0

Differentiate with respect to x

Collect like terms

Divide by 100

So, the price at maximum revenue is:



In conclusion:
- The slope of the demand function is -1/2
- The equation of the demand function is:

- The price that maximizes her revenue is: Ghc 85
Read more about demand equations at:
brainly.com/question/21586143
Answer:
Round it to the nearest hundredth
Step-by-step explanation:
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Answer:
1.8 minutes or 108 seconds
Step-by-step explanation:
The question tells us that the larger belt moves 300 lbs in 2 mins. And this is equal to 150 lb per minute
The question also tells us that a smaller belt moves the same quantity of 300 lbs in 18 mins. And this is equal to an average of 16.667 lb per min.
Both belts will move at a rate of 166.667 lb per min.
So it will take them 300 / 166.667 = 1.8 min or 108 s.
Therefore, the answer is 1.8 min
Y=29
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