Please only answer question 19 Questions 18 and 19 are based on the following information.The demand for a Pepperoni pizza (in 1000) per month, at a price p (in Rands), is given by the following function:D = f(p) = 9e-0.02p%3DThe demand for a Pepperoni pizza per month when the price is R59 is:- integer answerQUESTION 19Note: This question is based on the information given in question 18.The marginal income function is:(Hint. Income = Demand x Price)0.18pe-0.02p0.18e -0.02p0.18pe-0.02p+ 9e-0.02p0.18pe-0.02p + 9e-0.02p9pe-0.02pEST iON 2O

The law of demand establishes that the price of goods and its quantity demanded are negatively…

Answered: The marginal income function is: (Hint.…

Business

Economics

The marginal income function is: (Hint. Income = Demand x Price) %3D -0.02p 0.18pe -0.18e-0.02p

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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