Answered

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The formula = () − applies to the demand of a product, where q is the number of units and P is the price of one unit. How many units will be demanded if the price is Rs. 18.00?

Sagot :

MrRoyal

Answer:

4320 units quantities were demanded

Step-by-step explanation:

Given:

[tex]p = 90 (5) - \frac{q}{10}[/tex]

Required:

The units demanded when price = 18.00

This implies that:

[tex]p = 18.00[/tex]

So, we have:

[tex]p = 90 (5) - \frac{q}{10}[/tex]

[tex]18.00 = 90(5) - \frac{q}{10}[/tex]

Open bracket

[tex]18.00 = 450 - \frac{q}{10}[/tex]

Collect like terms

[tex]\frac{q}{10} = 450 - 18.00[/tex]

[tex]\frac{q}{10} = 432[/tex]

Solve for q

[tex]q = 432 *10[/tex]

[tex]q = 4320[/tex]

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