Question

A company selling widgets has found that the number of items sold x depends upon the price p at which they're sold, according to the equation x = 20,000/√(6p+1). Due to inflation, the price increases over time.

Answer 1

The given equation represents the relationship between the number of items sold and the price at which they are sold. As the price increases due to inflation, the number of items sold decreases.

Step-by-step explanation:

The subject of this question is Mathematics. The given equation, x = 20,000/√(6p+1), represents the relationship between the number of items sold (x) and the price at which they are sold (p). As the price increases due to inflation, the number of items sold decreases. This equation can be used to analyze the impact of price changes on the demand for widgets. For example, if the price (p) increases, the denominator of the equation will increase, leading to a smaller value for x. This indicates a decrease in the number of items sold. Conversely, if the price decreases, the denominator will decrease, resulting in a larger value for x and an increase in the number of items sold.