Graph the price demand equation and the line

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For the motor oil of Problem 1, graph the price demand equation and the line representing the average price in the same coordinate system over the interval [50, 250]. Describe how the areas under the two curves over the interval [50, 250] are related.

Problem 1:-
Marketing:-

For the cereal of Problem 2, show the sales over the first 2 years geometrically, and describe the geometric representation.

Problem 2:-
Average price:-

At a discount department store, the price demand equation for premium motor oil is given by

1080_Equation 08.jpg

where x is the number of cans of oil that can be sold at a price of $p. Find the average price over the demand interval [50, 250].

Reference no: EM131269994

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