Question 1 Consider the demand function:
Q = -3p2 + 2p + 1970
=
where q = quantity, p = price
1
a) Find Total Revenue as a function of p.
(Hint: Do not attempt to find Total Revenue as a function of q, as to do so
requires use of the inverse demand function which is difficult to find in this case.

the least value out of the data shown is 5, maybe if you post a picture with it i could a little more.

step-by-step explanation:

b.-4 units

all you   do is count how many times you move

first one because it can't have a fraction in it

step-by-step explanation:

none.

step-by-step explanation:

m

1

=

5

m1=5

b

=

−

1

b=-1

find the slope and y-intercept of the second equation.

tap for more

m

2

=

0

m2=0

b

=

−

6

b=-6

compare the slopes

m

m of the two equations.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

compare the two slopes in the decimal form. if the slopes are equal, then the lines are parallel. if the slopes are not equal, then the lines are not parallel.

m

1

=

5

,

m

2

=

0

m1=5,m2=0