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)
Math question: What is the absolute value of the complex number (3 + 4i) - (2 - i)?
+
Math question: Find the missing side length (x) of a right triangle with legs measuring 5cm and 12cm.
+
What is the product of 37 squared plus 5 times the square root of 144 divided by 12 cubed?
+
New questions in Mathematics
A circular park has a diameter of 150ft. A circular fence is to be placed on the edge of this park. Calculate the cost of fencing this park if the rate charged is $7 per foot. Use π = 3.14.
The gross domestic product the gdp for the United States in 2017 was approximately $2.05x10^3. If you wrote this number in standard notation , it would be 205 followed by how many zeros
Suppose 56% of politicians are lawyers if a random sample of size 564 is selected, what is the probability that the proportion of politicians who are lawyers will differ from the total politicians proportions buy more than 4% round your answer to four decimal places
What is the r.p.m. required to drill a 13/16" hole in mild steel if the cutting speed is 100 feet per minute?
Perpetual annuities are a series of payments whose duration has no end. Explain how can we calculate them, if they have no end?
how many arrangement can be made of 4 letters chosen from the 8 letters of the world ABBSOLUTE
According to a survey in a country 27% of adults do not own a credit card suppose a simple random sample of 800 adults is obtained . Describe the sampling distribution of P hat , the sample proportion of adults who do not own a credit card
6-35 A recent study by an environmental watchdog determined that the amount of contaminants in Minnesota lakes (in parts per million) it has a normal distribution with a mean of 64 ppm and variance of 17.6. Assume that 35 lakes are randomly selected and sampled. Find the probability that the sample average of the amount of contaminants is a) Greater than 72 ppm. b) Between 64 and 72 ppm. c) Exactly 64 ppm. d) Greater than 94 ppm.
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
30y - y . y = 144
The sick-leave time of employees in a firm in a month is normally with a mean of 100 hours and a standard deviation of 20 hours. Find the probability that the sick-leave time of an employee in a month exceeds 130 hours.
Professor Vélez has withdrawn 40 monthly payments of $3,275 from her investment account. If the investment account yields 4% convertible monthly, how much did you have in your investment account one month before making the first withdrawal? (Since you started making withdrawals you have not made any deposits.)
The business college computing center wants to determine the proportion of business students who have personal computers (PC's) at home. If the proportion is greater than 35%, then the lab will modify a proposed enlargement of its facilities. Suppose a hypothesis test is conducted and the test statistic is z= 2.6. Find the P-value for this test.
Let f and g be defined in R and suppose that there exists M > 0 such that |f(x) − f(p)| ≤ M|g(x) − g(p)|, for all x. Prove that if g is continuous in p, then f will also be continuous in p.
Find sup { x∈R, x²+3<4x }. Justify the answer
Perform operations with the polynomials P(x) = x3 and Q(x) = 2x2 + x – 3x3 : a) P(x) - Q(x)
The mean of 4 numbers is 5 and the mean of 3 different numbers is 12. What is the mean of the 7 numbers together? Produce an algebraic solution. Guess and check is acceptable.
Kayla started a book club at her school. The number of girls in the book club was one more than twice the number of boys. If there are 15 girls in the book club, how many boys are in the club?
Sarah is lining a square tray with 1 inch square tiles. the side length of the tray is 9 inches. How many tiles does Sarah need?
Let f(x)=-1/2x+5 evaluate f(-6)