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:
b. 144.8
Step-by-step explanation:
When calculating the moving average estimate of an observation , each of the observations are usually computed with the same weighted . In some cases, it is beneficial to assign different weight on the observations such that the observation closer to the time period being forecast, has higher weight. This is refer to as weighted moving average technique. The sum of the individual weight in a weighted moving average technique must equal to 1.
The three-period weighted moving average forecast for period 5 = 144*0.5 + 148 *0.3 + 142 *0.2 = 144.8
I would assume that you convert 2.5 ounces into punds which would make it 0.15 lbs.
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