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Posted on Jan 02, 2017
SOURCE: ACME Skateboards Inc., has paid
Doesn't any body do their homework anymore? How are they supposed to learn anything?
Draw your graphs by hand or on a graphing calculator.
Think about the intersection points. (What does that mean when two curves intersect?)
Use the equation for the demand to obtain D for a particular x.
You can also determine by how much one function exceeds another for a particular value of the x variable (the graph is rather clear).
I assume you can solve a quadratic equation.
Use these hints to solve the problem.
Here is a graph. I even restricted it to the first quadrant so as not to mislead you into giving meaningless answers.
Hope it helps.
Posted on Oct 04, 2009
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