Answer:
p = 144/11
Step-by-step explanation:
12/11 = p/12
~Simplify
12/11 = 1/12p
~Multiply 12 to both sides
144/11 = p
Best of Luck!
Answer:
Apex: 119,436.80
Step-by-step explanation:
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>.
Learn more about inverse functions at
brainly.com/question/3831584
#SPJ4
1 + 3 = Δ + 3
By comparing
Δ = 1.
Option A.
