6. Economics and Marketing The following data represent the price and quantity supplied in 2009 for Dell personal computers. Price Quantity Supplied (S/Computer) 2300 180 2000 173 1700 160 1500 150 1300 137 1200 130 1000 113 (a) Using a graphing utility, draw a scatter diagram of the data with price as the dependent variable. (b) Using a graphing utility, build a logarithmic model from the data. (c) Using a graphing utility, draw the logarithmic function found in part (b) on the scatter diagram. (d) Use the function found in part (b) to predict the number of Dell personal computers that will be supplied if the price is $1650.
6. Economics and Marketing The following data represent the price and quantity supplied in 2009 for Dell personal computers. Price Quantity Supplied (S/Computer) 2300 180 2000 173 1700 160 1500 150 1300 137 1200 130 1000 113 (a) Using a graphing utility, draw a scatter diagram of the data with price as the dependent variable. (b) Using a graphing utility, build a logarithmic model from the data. (c) Using a graphing utility, draw the logarithmic function found in part (b) on the scatter diagram. (d) Use the function found in part (b) to predict the number of Dell personal computers that will be supplied if the price is $1650.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.1: Logistic Functions
Problem 16E: Cable TV The following table shows the number C. in millions, of basic subscribers to cable TV in...
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