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1) Solve the following system of equations that model supply and demand for a product: p - q = 0 ( supply equation )cp - q = -1 ( demand equation ) where p = price and q = quantity Solve first when c = 0.999 and a second time when c = 1.001. What does the difference in solutions suggest about the importance of having highly accurate coefficients in the system? Remembering that this is a model of supply and demand, are there any solutions that can be tossed out? Why?
2) What is Gauss Elimination? Write a brief summary of what this is. For what type of systems of equations is the Gauss Elimination technique best suited? Why?
3) What computer applications can be used to graph systems of equations? In what circumstances does it make more sense to graph a system than to use the substitution, elimination, or matrix methods?
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Assume you have a lemonade stand, & when you charge $1 per cup of lemonade you sell 50 cups. But when you raise your price to $2 you only sell 25 cups. Make an equation for the number of cups you sell as a function of the price you charge. Denote "C"..
For each of the relationships given below, describe whether you think it is best explained by a linear function or a non-linear function.
Which of the following are functions? The two problems, i.e., 1 & 3, are multi part relations consider all parts when determining whether or not these relations are functions. Explain your reason for 1, 2, & 3.
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The joint probability density function.
Applications of combination
Solving problems using venn diagram.
Solving problems into equation.
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