document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1127659>Question 1127659</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Q = 2,000 - 100P<BR>\n" );
document.write( "where Q is cap sales and P is price.<BR>\n" );
document.write( "a. How many caps could ABC sell at $6 each?<BR>\n" );
document.write( "b. How much would the price have to be to sell 1,800 caps?<BR>\n" );
document.write( "c. Suppose ABC were to use the caps as a promotion. How many caps could ABC give<BR>\n" );
document.write( "away free?<BR>\n" );
document.write( "d. At what price would no caps be sold?<BR>\n" );
document.write( "e. Calculate the point price elasticity of demand at a price of $6. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #744151 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20850)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=744151\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=+2000+-+100P ALIGN=MIDDLE  ALT=\"Q+=+2000+-+100P\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "where <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q ALIGN=MIDDLE  ALT=\"Q\"   DISABLED_style= \"max-width:90%; height:auto;\" > is cap sales and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P ALIGN=MIDDLE  ALT=\"P\"   DISABLED_style= \"max-width:90%; height:auto;\" > is price.\r<BR>\n" );
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document.write( "a. \r<BR>\n" );
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document.write( "How many caps could ABC sell at $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=6 ALIGN=MIDDLE  ALT=\"6\"   DISABLED_style= \"max-width:90%; height:auto;\" > each?\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=6 ALIGN=MIDDLE  ALT=\"P=6\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=+2000+-+100%2A6 ALIGN=MIDDLE  ALT=\"Q+=+2000+-+100%2A6\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=+2000+-+600 ALIGN=MIDDLE  ALT=\"Q+=+2000+-+600\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=+1400 ALIGN=MIDDLE  ALT=\"Q+=+1400\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "ABC could <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1400 ALIGN=MIDDLE  ALT=\"1400\"   DISABLED_style= \"max-width:90%; height:auto;\" > sell at $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=6 ALIGN=MIDDLE  ALT=\"6\"   DISABLED_style= \"max-width:90%; height:auto;\" > each\r<BR>\n" );
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document.write( "b.\r<BR>\n" );
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document.write( " How much would the price have to be to sell <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1800 ALIGN=MIDDLE  ALT=\"1800\"   DISABLED_style= \"max-width:90%; height:auto;\" > caps?\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=1800 ALIGN=MIDDLE  ALT=\"Q+=1800\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1800=+2000+-+100P ALIGN=MIDDLE  ALT=\"1800=+2000+-+100P\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=100P=+2000+-+1800 ALIGN=MIDDLE  ALT=\"100P=+2000+-+1800\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=100P=+200 ALIGN=MIDDLE  ALT=\"100P=+200\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=+2 ALIGN=MIDDLE  ALT=\"P=+2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "the price have to be to sell <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1800 ALIGN=MIDDLE  ALT=\"1800\"   DISABLED_style= \"max-width:90%; height:auto;\" > caps is $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2 ALIGN=MIDDLE  ALT=\"2\"   DISABLED_style= \"max-width:90%; height:auto;\" > each\r<BR>\n" );
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document.write( "c. \r<BR>\n" );
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document.write( "Suppose ABC were to use the caps as a promotion. How many caps could ABC give away free?\r<BR>\n" );
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document.write( "give away free means <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=+0 ALIGN=MIDDLE  ALT=\"P=+0\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=+2000+-+100%2A0 ALIGN=MIDDLE  ALT=\"Q+=+2000+-+100%2A0\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=+2000+ ALIGN=MIDDLE  ALT=\"Q+=+2000+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "d. At what price would no caps be sold?\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=Q+=0 ALIGN=MIDDLE  ALT=\"Q+=0\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0+=+2000+-+100%2AP ALIGN=MIDDLE  ALT=\"0+=+2000+-+100%2AP\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=100%2AP+=+2000+ ALIGN=MIDDLE  ALT=\"100%2AP+=+2000+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P+=+2000%2F100+ ALIGN=MIDDLE  ALT=\"P+=+2000%2F100+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P+=+2000%2F100+ ALIGN=MIDDLE  ALT=\"P+=+2000%2F100+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "at  $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=20 ALIGN=MIDDLE  ALT=\"20\"   DISABLED_style= \"max-width:90%; height:auto;\" > each\r<BR>\n" );
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document.write( "e. \r<BR>\n" );
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document.write( "Calculate the point price elasticity of demand at a price of $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=6 ALIGN=MIDDLE  ALT=\"6\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=elasticity=%28-100%29%286%2F1400%29=-600%2F1400+=-0.43 ALIGN=MIDDLE  ALT=\"elasticity=%28-100%29%286%2F1400%29=-600%2F1400+=-0.43\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );