SOLUTION: Question/Statement: "Suppose that the daily demand for milk shakes is given by q = 100p^-.5. To invert this demand function, you need to solve for p as a function of q. To get p on
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Question 1045309: Question/Statement: "Suppose that the daily demand for milk shakes is given by q = 100p^-.5. To invert this demand function, you need to solve for p as a function of q. To get p on one side of q = 100p^-.5, you can first multiply both sides of this equation by p^.5. This yields qp^.5 = 100. Dividing both sides of this equation by q yields p^.5 = 100/q. Squaring both sides of this equation yields p = 10,000/q2. Thus, g(p) = 10,000/q2 is the inverse demand function."
My question: Can someone explain why in the first step, 100P^-.5 * p^.5 = 100? Do the exponents -.5 + .5 get added which from p^0, which is equal to 1?