The Student Room Group

Reply 1

Where are you stuck?

Reply 2

a) Change in y divided by the change in x
(11-3)/(6-0) = 4/3

b) Find the midpoint M(3,7)
The line ZM is perpendicular to the line XY, meaning that the gradients of the two lines multiply to make -1, which makes the gradient of ZM -3/4.
y = -3/4x + c
'plug' the coordinates of M into this.
7 = -3/4(3) + c
c = 37/4
y = -3/4 x+ 37/4

c) 10 = -3/4x +37/4
3/4 = -3/4x
x = -1

d) Use Pythagoras' theorem to work out the lengths of ZM and YM
ZM:
4^2 + 3^2 = 25 (5^2)
ZM=5

YM:
3^2 + 4^2 =35 (5^2)
YM=5

ZY (radius):
5^2 +5^2 =50
the radius is the square root of 50, but the equation of a circle wants the radius squared, which is 50

(x+1)^2 + (y-10)^2 =50

x^2 + 2x + 1 + y^2 -20y +100 = 50

x^2 + y^2 + 2x - 20y +51 = 0

Reply 3

The demand function facing a monopolist selling two products are given as
Q1=40-2p-p2
Q2=35-p1-p2
Solve for p1 and p2 in terms of Q1 and Q2 in the demand functions to form the average revenue function