In economics, the downward sloping demand curve is used to illustrate the law of diminishing marginal utility. This means that if more of the product is consumed, the marginal benefit to the consumer falls. This is also the instance in which the consumers are willing to pay less than the original amount for the same product.
Answer:
Step-by-step explanation:
Year on is 480 dollars and year two is 960 dollars
Answer:
5 + 25 + 75 = 105 dollars
Step-by-step explanation:
The easiest way is to just take this day by day.
day 1: 5 dollars
day 2: day1^2 = 5^2 = 25
day 3: 3 * day2 = 3 * 25 = 75
Then sum them: 5 + 25 + 75
First you expand the brackets, so
36 + 6y = 9 - 3y
Then you get all the y's on one side
+ 3y
36 + 9y = 9
- 36
9y = 9
Then you divide by 9 to get y by itself
y = 1
