The demand for oranges in a local market is 400 units when the unit price is Sh 10 and 480 units when the unit price...

      

The demand for oranges in a local market is 400 units when the unit price is Sh 10 and 480 units when the unit price is Sh 8.
Required.
i) A linear demand functions for oranges
ii) The unit price of oranges when demand is 160 units.

  

Answers


Kavungya
fig6175533.png
Kavungya answered the question on May 17, 2021 at 14:33


Next: Manjewa limited manufactures and sells a premium type of cooking oil known as 'Lamusa'. The marketing department of the company has been monitoring the demand and...
Previous: Richard Kashero divided his savings as follows: Wife 30%, first son 25%, second son and daughter 15% each, youngest son 50% of the reminder and the...

View More ATD Business Mathematics Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions