Asked by Morgan Rivers on Jul 06, 2024
Verified
The demand equation for a video game is p=40−x−1p = 40 - \sqrt { x - 1 }p=40−x−1 where x is the number of units demanded per day and p is the price per game. Find the demand when the price is set at $34.4 . Round your answer to the nearest integer.
A) 31 units per day
B) 1408 units per day
C) 32 units per day
D) 5536 units per day
E) 303030 units per day
Demand Equation
Represents the relationship between the quantity demanded of a good and its price, often used in economics to predict consumer behavior.
Units Demanded
The quantity of a particular good or service that consumers are willing and able to purchase at a given price.
- Implement mathematical formulas in addressing actual problems, like the kinetics of a pendulum and equations representing demand.
Verified Answer
MZ
Muhammad ZulfazliJul 10, 2024
Final Answer :
C
Explanation :
Set p = 34.4 and solve for x
34.4 = 40 - √(x-1)
√(x-1) = 5.6
Square both sides
x - 1 = 31.36
x = 32.36
Round to nearest integer: 32
Therefore, the demand is 32 units per day when the price is set at $34.4.
34.4 = 40 - √(x-1)
√(x-1) = 5.6
Square both sides
x - 1 = 31.36
x = 32.36
Round to nearest integer: 32
Therefore, the demand is 32 units per day when the price is set at $34.4.
Learning Objectives
- Implement mathematical formulas in addressing actual problems, like the kinetics of a pendulum and equations representing demand.
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