Homework Answers
Answer. 17
As it is given in the question, demand function is
also the price function. Therefore, we will simply
put the vale q=40
P=D(40)= -1.2*40 + 65= 17
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Demand Analysis Suppose that the demand function for honey is P = D(q) = -1.2 g...
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Demand Analysis Suppose that the demand function for honey is P=D(q) = -1.39 +68 where Pis the price in dollars for an 8-oz container and q is the quantity in 8-oz containers. Find the price at a quantity demanded of 34 units. (Round to two decimal places).
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Demand Analysis Suppose that the demand function for honey is P=D(q) = -1.39 +68 where Pis the price in dollars for an 8-oz container and q is the quantity in 8-oz containers. Find the price at a quantity demanded of 34 units. (Round to two decimal places).
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