Question

A merchant can sell 20 electric shavers a day at a price of 25 each, but he can sell 30 if he sets a price of 20 for each electric shaver. Determine the demand equation, assuming it is linear. Consider (P= price, X= quantity demanded)

165

likes
826 views

Answer to a math question A merchant can sell 20 electric shavers a day at a price of 25 each, but he can sell 30 if he sets a price of 20 for each electric shaver. Determine the demand equation, assuming it is linear. Consider (P= price, X= quantity demanded)

Expert avatar
Birdie
4.5
104 Answers
Para determinar la ecuación de la demanda, necesitamos encontrar la relación entre el precio (P) y la cantidad demandada (X).

Primero, vamos a utilizar los datos proporcionados. Sabemos que cuando el precio es de 25, la cantidad demandada es de 20. Y cuando el precio es de 20, la cantidad demandada es de 30.

Podemos usar estos dos puntos para determinar la pendiente de la ecuación de la demanda. La pendiente se calcula utilizando la fórmula:

m = \frac{{Y_2 - Y_1}}{{X_2 - X_1}}

Donde (X1, Y1) y (X2, Y2) son los puntos dados. En nuestro caso, podemos usar los puntos (25, 20) y (20, 30):

m = \frac{{30 - 20}}{{20 - 25}} = \frac{{10}}{{-5}} = -2

Ahora que tenemos la pendiente (-2), podemos utilizarla junto con uno de los puntos para encontrar la ecuación de la demanda en la forma punto-pendiente:

y - y_1 = m(x - x_1)

Usaremos el punto (25, 20) como (x1, y1):

y - 20 = -2(x - 25)

Simplificando la ecuación, obtenemos:

y - 20 = -2x + 50

Finalmente, podemos reorganizar la ecuación para obtener la forma más común de una ecuación lineal:

y = -2x + 70

Por lo tanto, la ecuación de la demanda lineal es:

P = -2X + 70

\textbf{Respuesta:} La ecuación de la demanda lineal es $P = -2X + 70$

Frequently asked questions (FAQs)
What is the median of a set with 7 elements if the maximum value is 20 and the minimum value is 4?
+
Math Question: Solve the cubic equation x^3 + 4x^2 - 5x + 2 = 0.
+
What is the value of x if 5x - 3 = 22?
+
New questions in Mathematics
3(2+x)-2(2x+6)=20-4x
A, B, C and D are numbers; If ABCD = 23, What is the result of ABCD BCDA CDAB DABC operation?
Determine the absolute extrema of the function 𝑓(𝑥)=𝑥3−18𝑥2 96𝑥 , on the interval [1,10]
The function g:Q→Q is a ring homomorphism such that g(3)=3 and g(5)=5. What are the values of g(8) and g(9)?
Identify a pattern in the list of numbers.Then use this pattern to find the next number. 37,31,25,19,13
A National Solidarity Bond offers A 5 year bond offering a gross return of 15% Calculate the AER for this investment. (Give your answer to two decimal places, no need for the percent or € sign in your answer)
Prove that it is not possible to arrange the integers 1 to 240 in a table with 15 rows and 16 columns in such a way that the sum of the numbers in each of the columns is the same.
During a fishing trip Alex notices that the height h of the tide (in metres) is given by h=1−(1/2)*cos(πt/6) where t is measued in hours from the start of the trip. (a) Enter the exact value of h at the start of the trip in the box below.
User Before the election, a poll of 60 voters found the proportion who support the Green candidate to be 25%. Calculate the 90% confidence interval for the population parameter. (Give your answers as a PERCENTAGE rounded to TWO DECIMAL PLACES: exclude any trailing zeros and DO NOT INSERT THE % SIGN) Give the lower limit of the 90% confidence interval Give the upper limit of the 90% confidence interval
Solve the equation: sin(2x) = 0.35 Where 0° ≤ x ≤ 360°. Give your answers to 1 d.p.
How to do 15 x 3304
30y - y . y = 144
Let v be the set of all ordered pairs of real numbers and consider the scalar addition and multiplication operations defined by: u+v=(x,y)+(s,t)=(x+s+1,y+t -two) au=a.(x,y)=(ax+a-1,ay-2a+2) It is known that this set with the operations defined above is a vector space. A) calculate u+v is au for u=(-2,3),v=(1,-2) and a=2 B) show that (0,0) #0 Suggestion find a vector W such that u+w=u C) who is the vector -u D) show that axiom A4 holds:-u+u=0
A function is considered exponential when it has a base with positive values greater than zero and different from one, where the exponent is an unknown. An important characteristic of exponential functions is that they show rapid growth or decay as an independent variable increases or decreases. Given the function 25^(x+3)=125, it is calculated that x has the value of
viii. An ac circuit with a 80 μF capacitor in series with a coil of resistance 16Ω and inductance 160mH is connected to a 100V, 100 Hz supply is shown below. Calculate 7. the inductive reactance 8. the capacitive reactance 9. the circuit impedance and V-I phase angle θ 10. the circuit current I 11. the phasor voltages VR, VL, VC and VS 12. the resonance circuit frequency Also construct a fully labeled and appropriately ‘scaled’ voltage phasor diagram.
17. A loan for $104259 is taken out for 10 years with an annual interest rate of 9.4%, compounded quarterly. What quarterly payment is required to pay the loan off in 10 years? Enter to the nearest cent (two decimals). Do not use $ signs or commas in the answer.
Given two lines 𝐿1: 𝑥 + 4𝑦 = −10 and 𝐿2: 2𝑥 − 𝑦 = 7. i. Find the intersection point of 𝐿1 and 𝐿2.
if y=1/w^2 yw=2-x; find dy/dx
9n + 7(-8 + 4k) use k=2 and n=3
An export company grants a bonus of $100,000 pesos to distribute among three of its best employees, so that the first receives double the second and the latter receives triple the third. How much did each person receive?