Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please see my attached work. I have indicated what my wrong answer was and what the correct answer is. I do not see where I
Please see my attached work.
I have indicated what my wrong answer was and what the correct answer is. I do not see where I made a mistake.
Problem:
Suppose the demand for a certain brand of a product is given by D(p)= p^2/216 + 500, where p is the price in dollars.
If the price, in terms of the cost c, is expressed as p(c)= 3c9,
find the demand function in terms of the cost.
11. Same. D = - P 2 216 -+ 500 =) D = - ( 30-9)2 + 500 C = 3 0 - 9 241 6 - - 32 ( C-9) - +500 - - 9 (c2-18c+811) + 500 21b 216 ( C - 9 ) (( - 9 ) = - (C2- 18c+ 81 + 500 wrong 1 = (2- 96- 96+81 24 =(2 - 18 6+ 81 Correct + 500 answer 24Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started