find the inverse of the function 4x^3-7x^2-2

Pavukol

Pavukol

Answered question

2022-09-04

CME Skateboards Inc., has paid consultants to look overlast year's sales and provide them with supply and demand equationsthat fit their sales data. The consultants provided the equation S= 0.09x^2 - 0.45x + 3.5 for the company's supply curve where x isthe price per skateboard in dollars, and S is the number ofskateboards produced in thousands. The consultants also provided D= 15 - 0.5x as the demand curve where x represents the price perskateboard in dollars, and D represents the demand for theirproduct in thousands.
1. What should the price of a skateboard be for the company tobreak even? (Round your answer to the nearest penny.)
2. What is the demand for ACME's skateboards if the price of askateboard is $11.14? (Round your answer to the nearesthundred)
3. By how many skateboards will demand exceed supply if theprice is set at $7.02 per skateboard? (Round your answer to thenearest hundred)

Answer & Explanation

darkflamexivcr

darkflamexivcr

Beginner2022-09-05Added 14 answers

1. to break even supply = demand
2. use x=11.14 in demand eqn to get answer
Radarfoto67

Radarfoto67

Beginner2022-09-06Added 1 answers

3. Use x=7.02 in supply equation

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