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Concept explainers
a.
Calculate the linear equation of the line giving the demand x in terms of the rent p .
a.
![Check Mark](/static/check-mark.png)
Answer to Problem 96E
The linear equation of the line is
Explanation of Solution
Given:
It is given in the question that a real state office handles an apartment complex with
Concept Used:
In thise,use the concept of umderstanding the different variable and constant to make the linear equation and also use the slope formula i.e,
Calculation: In this ,first it has to be find the slope for the linear equation .now,looking at the two points it gives us,
So by the given slope ,it means that for every
Now,it’s time to create a equation but apart from that it has to keep in mind that
Conclusion:
The equation is
b.
Draw the graph of the equation obtained in part (a) and also Find the number of units occupied when the rent is
b.
![Check Mark](/static/check-mark.png)
Answer to Problem 96E
The number of units occupied is
Explanation of Solution
Given:
It is given in the question that the expression obtained from part (a) is
Concept Used:
In this, use the concept of graphical analysis and use the expression to put the value on that and find the solution.
Calculation:
The graph of the equation is given below:
Now,the equation is
Put
Conclusion:
The number of unit occupied is
c.
Find the number of units occupied when the rent is lowered to
c.
![Check Mark](/static/check-mark.png)
Answer to Problem 96E
The number of units accupied is
Explanation of Solution
Given:
It is given in the question that the expression is
Concept Used:
In this, use the concept of putting the value in the expression and find the solution and also known to draw the graph.
Calculation: Now,the equation is
Put
The graph for this is also given below:
Conclusion:
The number of units occupied is
Chapter 1 Solutions
Precalculus with Limits: A Graphing Approach
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