Welcome :: Homework Help and Answers :: Mathskey.com

Recent Visits

    
Welcome to Mathskey.com Question & Answers Community. Ask any math/science homework question and receive answers from other members of the community.

13,435 questions

17,804 answers

1,438 comments

778,135 users

help me with this please

0 votes

asked Oct 15, 2014 in PRECALCULUS by Baruchqa Pupil

1 Answer

0 votes

The supply is linear.

114.86 = a + 44b                      ....... (1)
144.86 = a + 114b                     ....... (2)
Solve equations

a = 96, b = 0.43
The supply function is P= 96 +0.43Qs

P is the price and Qs are number of books supplied.
Price, P= $135,

Qs= (135-96)/0.43

    = 90.7
The lowest price is when Qs=0, P=$96

answered Oct 18, 2014 by bradely Mentor

Related questions

asked Oct 15, 2014 in ALGEBRA 2 by anonymous
asked Nov 25, 2014 in CALCULUS by anonymous
asked Nov 14, 2014 in CALCULUS by anonymous
asked Oct 25, 2014 in STATISTICS by anonymous
asked Nov 15, 2014 in PRECALCULUS by anonymous
...