Given demand function QS (p) = ap2 + bp + c, for some constants a, b and c. Also when p=1 the quantity supplied is 8 , when p=2 the quantity supplied is 14 , when p=3 the quantity supplied is 22. Using a method of your choice find the values of constants a, b and c.
Given demand function QS (p) = ap2 + bp + c, for some constants a, b and c. Also when p=1 the quantity supplied is 8 , when p=2 the quantity supplied is 14 , when p=3 the quantity supplied is 22. Using a method of your choice find the values of constants a, b and c.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Given demand function QS (p) = ap2 + bp + c, for some constants a, b and c. Also when p=1
the quantity supplied is 8 , when p=2 the quantity supplied is 14 , when p=3 the quantity
supplied is 22. Using a method of your choice find the values of constants a, b and c.
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