Question use the quadratic formula to try to solve these, Ask an Expert

Economics

Question: (Use the quadratic formula to try to solve these problems.)

1. Solve for x if 0 = x2 + 2.5x - 125.

2. A firm faces the demand schedule q = 400 - 2p - p2. What price does it need to charge to sell 100 units?

3. If a firm's demand function is p = 100 - q, what quantities need to be sold to bring in a total revenue of

(a) £100

(b) £1,000

4. Make up your own quadratic equation and then find whether a solution exists.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92290848

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