The problem provides a demand function $p = 100e^{-q/2}$, where $p$ is the price per unit and $q$ is the number of units. Part (a) asks to find the price $p$ when the quantity demanded is $q=6$ units. Part (b) asks to find the quantity demanded $q$ when the price is $p=2.01$ per unit.

Applied MathematicsExponential FunctionsDemand FunctionModelingCalculus (Implicit)
2025/5/2

1. Problem Description

The problem provides a demand function p=100eq/2p = 100e^{-q/2}, where pp is the price per unit and qq is the number of units. Part (a) asks to find the price pp when the quantity demanded is q=6q=6 units. Part (b) asks to find the quantity demanded qq when the price is p=2.01p=2.01 per unit.

2. Solution Steps

(a) We are given q=6q=6. We need to find pp.
Substitute q=6q=6 into the demand function:
p=100e6/2p = 100e^{-6/2}
p=100e3p = 100e^{-3}
p=100(0.049787)p = 100(0.049787)
p=4.9787p = 4.9787
Round to the nearest cent: p=4.98p = 4.98.
(b) We are given p=2.01p=2.01. We need to find qq.
Substitute p=2.01p=2.01 into the demand function:
2.01=100eq/22.01 = 100e^{-q/2}
Divide both sides by 100:
0.0201=eq/20.0201 = e^{-q/2}
Take the natural logarithm of both sides:
ln(0.0201)=q/2ln(0.0201) = -q/2
3.9082=q/2-3.9082 = -q/2
Multiply both sides by -2:
q=2(3.9082)q = 2(3.9082)
q=7.8164q = 7.8164
Round to the nearest unit: q=8q = 8.

3. Final Answer

(a) $4.98
(b) 8

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