document.write( "Question 1195998: Hi there, please assist me with this question\r \n" );
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document.write( "Mbali makes cupcakes in Meadowlands Soweto. Due to her success, she can set price in the \n" );
document.write( "market for her cupcakes. The inverse market demand for cupcakes is represented by: \n" );
document.write( "P=100-Q, the while the marginal cost of her cupcake is R10. \n" );
document.write( "i) \n" );
document.write( "Calculate the slope of the Isoprofit curve (function) when she sells 40 cupcakes. \n" );
document.write( "[ 12 marks] \n" );
document.write( "ii) \n" );
document.write( "Calculate the equilibrium price and quantity of the cupcakes in the market. \n" );
document.write( "[ 5 marks] \n" );
document.write( "iii) \n" );
document.write( "Explain the marginal cost in this scenario [ 3 marks] \n" );
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