Question 1197692: The demand function qd=f(p)for a product is quadratic.There points which lie on the demand function are (10,2700),(20,000)and(30,300)
1)determine the equation for the demand function?
2)what quantity will be demanded at a market price of$5?
3)what will be the market price if 1500 units are demanded?
Answer by ikleyn(52786)   (Show Source):
You can put this solution on YOUR website! .
The demand function qd=f(p)for a product is quadratic.There points which lie on the demand function are (10,2700),(20,000)and(30,300)
1)determine the equation for the demand function?
2)what quantity will be demanded at a market price of$5?
3)what will be the market price if 1500 units are demanded?
~~~~~~~~~~~~~~~~
What is this mysterious writing (20,000) in your post ?
Is it the same as (20,0) ? ? ? Or something different ?
Write clearly and re-post to the forum.
Please do not post it to me personally.
|
|
|
