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.
2025/5/2
1. Problem Description
The problem provides a demand function , where is the price per unit and is the number of units. Part (a) asks to find the price when the quantity demanded is units. Part (b) asks to find the quantity demanded when the price is per unit.
2. Solution Steps
(a) We are given . We need to find .
Substitute into the demand function:
Round to the nearest cent: .
(b) We are given . We need to find .
Substitute into the demand function:
Divide both sides by 100:
Take the natural logarithm of both sides:
Multiply both sides by -2:
Round to the nearest unit: .
3. Final Answer
(a) $4.98
(b) 8