Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. the price p of a certain product and the quantity

The price p of a certain product and the quantity x sold obey the demand...

70.2K

Verified Solution

Question

Algebra

image

The price p of a certain product and the quantity x sold obey the demand equation shown 1 3x 300 0 x 900 p Suppose that the cost C of producing x units is C x 150 Assuming that all items produced are sold find the cost C as a function of the price p Hint Solve for x in the demand equation and then form the composite What is the cost C as a function of the price C p Simplify your answer 400

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

3. Using the R data set called warpbreaks (See ?warpbreaks for more info), we want to...

Mechanical Engineering
1.2K views

What are the various sensors used in hybrid vehicles and Detailed explanation of the same

Biology
1.2K views

Chief Justice John Marshall wrote, "It is emphatically the province and duty of the judicial...

Physics
1.2K views

A capacitor of capacitance C is charged to a potential V The flux of the...

Basic Math
1.2K views

Explain which rules of inference are used for each step in the argument below All...

Basic Math
1.2K views

Suppose that in a senior college class of 500 students it is found that 200...

Basic Math
1.2K views

truck can be rented from Company A for 130 a day plus 0 70 per...

Algebra
1.2K views

One measure of living standards in country A is given by the following formula L...

Algebra
1.2K views

Rewrite the equation log a 5x 7y in the form 10 y using exponents instead...

Accounting
1.2K views

Which of the following are features of annual incentive plans? Multiple select question. They include...

Accounting
1.2K views

Identify and describe, in your own words, one (1) key financial reporting measurement issue that...

Accounting
1.2K views

Due to erratic Sales of its sole product- a high capacity battery for laptop computers...