The Function Q F P Py Describes How The Monthly Demand Q Measured In 100s Of Widgets For Grinch Inc Widgets Depend 1 (60.92 KiB) Viewed 27 times
The Function Q F P Py Describes How The Monthly Demand Q Measured In 100s Of Widgets For Grinch Inc Widgets Depend 2 (14.67 KiB) Viewed 27 times
The function Q-F(p.py) describes how the monthly demand, Q (measured in 100s of Widgets), for Grinch Inc. Widgets depends on the variables: P - the price/Widget that Grinch Inc. sets (measured in S). . • p. - average price of substitutes for Grinch Inc. Widgets (measured in S). • y average disposable income in the market for Widgets (measured in $1000s). When average disposable income in the market is $3500 and Grinch Inc.s price is $11 and the average price of substitutes is $12... . Q=75 .. Op --0.43 ● Ops 0.64 THI . Qy -0.77 If average monthly income increases to $3600 and the average price of substitutes increases to $12.25, by approximately how much can Grinch Inc. increase their price while keeping demand for their Widgets fixed at Q = 75? Ap-0.55 Ap- 0.31 Ap-0.67 There is no way to estimate this from the given information.
The average value of the function g(z) = -0.05 l (17-2√409) 0.1 In (60-3/409) 20 409 O 180116 2 20 3 409 2 on the interval [0,20] is..
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