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HELP HELP HELP HELP HELP HELP!!!!!!

HELP HELP HELP HELP HELP HELP!!!!!!-example-1

1 Answer

2 votes

Answer:

The answer is part B

Explanation:

The equation given is y = 4500 - 450p

y is the no of demand units

p is the price

let price be 1 dollar.

Therefore,

y = 4500 - 450x1

y = 4050

Now, let the price be 2 dollars.

y = 4500 - 450x2

y = 3600

Subtract the two values and the answer is 450.

This means that for each dollar increased, the no of demand units falls by 450

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User Vinterwoo
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