Question: The demand function for a certain commodity is given by p = 100e-q/2. (a) At what price per unit will the quantity demanded equal 6
The demand function for a certain commodity is given by p = 100e-q/2.
(a) At what price per unit will the quantity demanded equal 6 units?
(b) If the price is $1.83 per unit, how many units will be demanded, to the nearest unit?
Step by Step Solution
3.34 Rating (160 Votes )
There are 3 Steps involved in it
p 100e q2 a q 6 p 100e ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1386-M-C-L-A-D(3055).docx
120 KBs Word File
