In Exercise, p refers to the demand function given in Example 7. Now assume that a second economist proposes an alternative model f for the demand function:
where n is the number of tee shirts that can be sold per month at a price of f(n) dollars per shirt.
Example 7 Using a demand function and function notation
Show that at a price level of $10 per shirt, the model p predicts more than twice as many sales per month as does the model f. Hint: Solve each of the equations p(n) = 10 and f(n) = 10, and interpret the results.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.