a) Explanation Given Information: The given function is p ( x ) = 200 2 + 0.1 x . …… (1) Where, x is the number of units and p is the price in dollar. Graph: To graph the function, find the ordered pair to plot the graph. For x = 0 , substitute 0 for x in equation (1). p ( 0 ) = 200 2 + 0.1 ( 0 ) = 200 2 = 100 Thus, the point is ( 0 , 100 ) . For x = 20 , substitute 20 for x in equation (1). p ( 20 ) = 200 2 + 0.1 ( 20 ) = 200 2 + 2 = 200 4 = 50 Thus, the point is ( 20 , 50 ) b) To determine Whether the demand reaches to zero.

Mathematical Applications for the Management, Life, and Social Sciences

12th Edition

ISBN: 9781337625340

Author: Ronald J. Harshbarger, James J. Reynolds

Publisher: Cengage Learning

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Chapter 2.4, Problem 53E

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To graph: The demand function is p=2002+0.1x.

To determine

Whether the demand reaches to zero.

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Chapter 2.4, Problem 52E

Chapter 2.4, Problem 54E

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Chapter 2 Solutions

Mathematical Applications for the Management, Life, and Social Sciences

Ch. 2.1 - The factoring method for solving a quadratic...Ch. 2.1 - Solve the following equations by factoring. Ch. 2.1 - Prob. 3CP Ch. 2.1 - Prob. 4CP Ch. 2.1 - Prob. 1E Ch. 2.1 - Prob. 2E Ch. 2.1 - Prob. 3E Ch. 2.1 - Prob. 4E Ch. 2.1 - In Problems 5-14, solve each question by...Ch. 2.1 - Prob. 6E

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To graph: The demand function is p = 200 2 + 0.1 x .

Solution Summary: The author explains how to graph the demand function using p(x)=2002+0.1x.

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To graph: The demand function is p=2002+0.1x.

Whether the demand reaches to zero.

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