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
Examples of rational numbers are: -2 = -2/1, -5 = -5/1, -14 = -14/1, 1/2, 2/3, 5/8, 3/4, 17/5, . 6 = 6/10 = 3/5, . 25 = 1/4, . 33 = 33/100, 2¾ = 11/4, 3⅓ = 10/3, .
Where is the picture? If you could add your picture I’d be glad to help you!! :)
Answer:
7
or -7
Step-by-step explanation:
sqrt(49)
What number multiplied by itself = 49
7*7 = 49
-7*-7 = 49
Hello and Good Morning/Afternoon
<u>Let's take this problem step by step</u>:
<u>To find the rate of change is essentially like finding a line's slope</u>:
⇒ the <em>x-values</em> are the <em>number of sodas</em>
⇒ the<em> y-values </em>are the <em>total costs</em>
<em> ⇒ choose</em> two sets of coordinates and find the slope
<u>Let's put that into action</u>
⇒ (24, 18)
⇒ (28, 21)
<u>Since the rate of change is total cost over number of sodas</u>
⇒ <em>unit is '</em>total cost/number of sodas'
<u>Answer: 3/4 total cost/number of sodas</u>
<u></u>
Hope that helps!
#LearnwithBrainly
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