Weaver Macdonald
05/19/2024 · Elementary School
(a) As a result of supply and demand, the sale price \( (S) \) of a product will typically decrease as more units \( (x) \) are produced. Suppose that the sale price is \( \$ 100 \) when no units are produced and goes down by \( \$ 2 \) with each successive unit made. Determine the sales price \( S(x) \) as a function of the quantity produced \( x \).
UpStudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
The sales price \( S(x) \) as a function of the quantity produced \( x \) is \( S(x) = 100 - 2x \).
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit