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
103 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 radian measure of an angle that forms an arc of length 4.5 units on a circle with radius 2 units?
+
What is the limit of (2x + 3) as x approaches 1?
+
What is the measure of an angle bisector if the adjacent angles are 70° and 110°?
+
New questions in Mathematics
Convert the following function from standard form to vertex form f(x) = x^2 + 7x - 1
Solve: −3(−2x+23)+12=6(−4x+9)+9.
the value of sin 178°58'
What is the amount of interest of 75,000 at 3.45% per year, at the end of 12 years and 6 months?
I need .23 turned into a fraction
Consider numbers from 1 to 2023. We delete 3 consecutive numbers so, that the avarage of the left numbers is a whole number
The bus one way of the road which is 10km is heading with speed of 20km/h ,then the bus the other 10km is heading with speed of 60km/h. The middle speed of the road is it equal with arithmetic speed of the v1 and v2 ?
The beta of a company is 1.51 while its financial leverage is 27%. What is then its unlevered beta if the corporate tax rate is 40%? (4 decimal places)
Perpetual annuities are a series of payments whose duration has no end. Explain how can we calculate them, if they have no end?
What is the appropriate measurement for the weight of an African elephant?
Suppose you have a sample of 100 values from a population with mean mu = 500 and standard deviation sigma = 80. Given that P(z < −1.25) = 0.10565 and P(z < 1.25) = 0.89435, the probability that the sample mean is in the interval (490, 510) is: A)78.87% B)89.44% C)10.57% D)68.27%
sin 30
In a laboratory test, it was found that a certain culture of bacteria develops in a favorable environment, doubling its population every 2 hours. The test started with a population of 100 bacteria. After six hours, it is estimated that the number of bacteria will be:
Congratulations, you have saved well and are ready to begin your retirement. If you have $1,750,000.00 saved for your retirement and want it to last for 40 years, and will earn 10.8% compounded monthly: What is the amount of the monthly distribuion? 216.50 How much interest is earned in retirement?
Let x be an integer. Prove that x^2 is even if and only if is divisible by 4.
16.What payment (deposit) made at the end of each month will accumulate to $10473 in 13 years at 7.9% compounded monthly? Enter to the nearest cent (two decimals). Do not use $ signs or commas in the answer.
A multiple choice exam is made up of 10 questions; Each question has 5 options and only one of them is correct. If a person answers at random, what is the probability of answering only 3 good questions?
The mass of 120 molecules of X2C4 is 9127.2 amu. Identify the unknown atom, X, by finding the atomic mass. The atomic mass of C is 12.01 amu/atom
X^X =49 X=?
Find the set of points formed by the expression 𝜋<|𝑧−4+2𝑖|<3𝜋.