Given the two functions below: y=10e-0.5q and y=7ln5q Using the same Microsoft Excel sheet or otherwise, draw
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Question:
Given the two functions below:
y=10e-0.5q and y=7ln5q
Using the same Microsoft Excel sheet or otherwise, draw or sketch the two functions for the interval -1[5 marks]
From your diagram (part a) above), identify which of the two functions represents the demand curve and name the intercept(s) formed. [2 marks]
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