Question

The demand for your college newspaper is 9,000 copies each week if the paper is given away free of charge, and drops to 8,000 each week if the charge is 10¢/copy. However, the university is prepared to supply only 600 copies per week free of charge, but will supply 1,400 each week at 20¢ per copy.
Write down the associated linear demand and supply functions

Answer 1

if someone wants medal tell me how because i dont have any idea how to...

Answer 2

you are given two points for the demand; they are 0,9000 and 10,8000

Answer 3

D(x) = -100x +9000

Answer 4

you are given two points for the supply as well right?

Answer 5

0,600 and 20,1400

Answer 6

yeah but at $.20

Answer 7

S(x) = 400x+600

Answer 8

they are two the demand and the supply functions that I need to do

Answer 9

40x that is

Answer 10

yes; the demand is a function of the 2 points given; find the slope and y intercept

same with the supply

Answer 11

amistre come on chat

Answer 12

in a min :)

Answer 13

Demand = -100x +9000
Supply = 40x+600

Answer 14

x is in cents

Answer 15

ooh ok ok

Answer 16

ooooh i get it wow. easier thnx!!! ;D

Answer 17

at what point does supply equal demand?

Answer 18

you might wanna adjust that for a decimal ..... i just did it for cents straight out the box

Answer 19

ok dont worry i know the last step but couldt remember how to plug in the demand and supply thnx

Answer 20

come on chat amistre

Answer 21

youre welcome :)