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Content BE CAUsers Karin Documents WTW X GThe function 9|L1=5COL 2/3 rep X C The Function 5 - (0 Represents x + > C learn-cu-central-1-prod-fleet01-xythos.content.blackboardodn.com/5bfco8ba3f1dc/20393633?X-Blackboard-Expiration=1639569600000&X-Blackboard-Signature=4k]qqyqBalo/v1Q0Q6L14h...

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Content BE CAUsers Karin Documents WTW X GThe function 9|L1=5COL 2/3 rep X C The Function 5 - (0 Represents x + > C learn-cu-central-1-prod-fleet01-xythos.content.blackboardodn.com/5bfco8ba3f1dc/20393633?X-Blackboard-Expiration=1639569600000&X-Blackboard-Signature=4k]qqyqBalo/v1Q0Q6L14h... @ B = C:\Users\Karin\Documents\WTW 16 5/B - 121% + @ Question 6 Consider a linear demand function q = 0) with q the number of items and p the price in rands. 6.1 Which of the functions q-fi(p) - 4-por q-12) - 4 + 3p is a demand function? Explain your answer. [2] 6.2 Consider the graph of the revenue function, R = pq = p xflp) below. What price maximizes the revenue? Do not show calculations and answer in a sentence. [2] Question 7 Type here to search DE ASOO 842 AM la 40 ENG 2021/12/15 Content BE CAUsers Karin Documents WTW X GThe function 9|L1=5COL 2/3 rep X C The Function 5 - (0 Represents x + > C learn-cu-central-1-prod-fleet01-xythos.content.blackboardodn.com/5bfco8ba3f1dc/20393633?X-Blackboard-Expiration=1639569600000&X-Blackboard-Signature=4k]qqyqBalo/v1Q0Q6L14h... @ B = C:\Users\Karin\Documents\WTW 16 5/B - 121% + @ Question 6 Consider a linear demand function q = 0) with q the number of items and p the price in rands. 6.1 Which of the functions q-fi(p) - 4-por q-12) - 4 + 3p is a demand function? Explain your answer. [2] 6.2 Consider the graph of the revenue function, R = pq = p xflp) below. What price maximizes the revenue? Do not show calculations and answer in a sentence. [2] Question 7 Type here to search DE ASOO 842 AM la 40 ENG 2021/12/15

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