15)The demand equation for a certain product is given by the formulap = 32-10.0001x+1where x is the number of units sold in a month and p is the price perunit. If the price is set at $14.75 for the month, how many units will be sold?

15The demand equation for a certain product is given by the formulap 32100001x1where x is the number of units sold in a month and p is the price perunit If the class=

Respuesta :

The demand equation is given to be:

[tex]p=32-\sqrt{0.0001x+1}[/tex]

where p is the price and x is the number of units sold.

If the price per unit is $14.75, the number of units will be calculated as follows:

[tex]\begin{gathered} p=14.75 \\ \therefore \\ 14.75=32-\sqrt{0.0001x+1} \end{gathered}[/tex]

Subtracting 32 from both sides, we have:

[tex]\begin{gathered} -\sqrt{0.0001x+1}=14.75-32 \\ -\sqrt{0.0001x+1}=-17.25 \end{gathered}[/tex]

Multiply both sides by -1:

[tex]\sqrt{0.0001x+1}=17.25[/tex]

Square both sides:

[tex]\begin{gathered} 0.0001x+1=17.25^2 \\ 0.0001x+1=297.5625 \end{gathered}[/tex]

Subtract 1 from both sides:

[tex]\begin{gathered} 0.0001x=297.5625-1 \\ 0.0001x=296.5626 \end{gathered}[/tex]

Divide both sides by 0.0001:

[tex]\begin{gathered} x=\frac{296.5625}{0.0001} \\ x=2965625 \end{gathered}[/tex]

The number of units sold will be 2,965,625 units.