Chapter 14.3, Problem 26E

BuyFind*arrow_forward*

11th Edition

Ronald J. Harshbarger + 1 other

ISBN: 9781305108042

Textbook Problem

In Problems 23-26, prices

**and**
**are in dollars and**

and

Find a pair of prices

To determine

**To calculate:** A pair of prices

Explanation

**Given Information:**

The demand functions for the two products are given by

**Formula used:**

To find a pair of a solution

**Calculation:**

The demand functions for the two products are given by

Thus,

Recall that, to find a pair of a solution

Set

Divide both sides of the above equation

Sect-14.1 P-1CPSect-14.1 P-1ESect-14.1 P-2ESect-14.1 P-3ESect-14.1 P-4ESect-14.1 P-5ESect-14.1 P-6ESect-14.1 P-7ESect-14.1 P-8ESect-14.1 P-9E

Sect-14.1 P-10ESect-14.1 P-11ESect-14.1 P-12ESect-14.1 P-13ESect-14.1 P-14ESect-14.1 P-15ESect-14.1 P-16ESect-14.1 P-17ESect-14.1 P-18ESect-14.1 P-19ESect-14.1 P-20ESect-14.1 P-21ESect-14.1 P-22ESect-14.1 P-23ESect-14.1 P-24ESect-14.1 P-25ESect-14.1 P-27ESect-14.1 P-28ESect-14.1 P-29ESect-14.1 P-30ESect-14.1 P-31ESect-14.1 P-32ESect-14.1 P-33ESect-14.1 P-34ESect-14.1 P-35ESect-14.1 P-36ESect-14.1 P-37ESect-14.1 P-38ESect-14.2 P-1CPSect-14.2 P-2CPSect-14.2 P-3CPSect-14.2 P-4CPSect-14.2 P-5CPSect-14.2 P-1ESect-14.2 P-2ESect-14.2 P-3ESect-14.2 P-4ESect-14.2 P-5ESect-14.2 P-6ESect-14.2 P-7ESect-14.2 P-8ESect-14.2 P-9ESect-14.2 P-10ESect-14.2 P-11ESect-14.2 P-12ESect-14.2 P-13ESect-14.2 P-14ESect-14.2 P-15ESect-14.2 P-16ESect-14.2 P-17ESect-14.2 P-18ESect-14.2 P-19ESect-14.2 P-20ESect-14.2 P-21ESect-14.2 P-22ESect-14.2 P-23ESect-14.2 P-24ESect-14.2 P-25ESect-14.2 P-26ESect-14.2 P-27ESect-14.2 P-28ESect-14.2 P-29ESect-14.2 P-30ESect-14.2 P-31ESect-14.2 P-32ESect-14.2 P-33ESect-14.2 P-34ESect-14.2 P-35ESect-14.2 P-36ESect-14.2 P-37ESect-14.2 P-38ESect-14.2 P-39ESect-14.2 P-40ESect-14.2 P-41ESect-14.2 P-42ESect-14.2 P-43ESect-14.2 P-44ESect-14.2 P-45ESect-14.2 P-46ESect-14.2 P-47ESect-14.2 P-48ESect-14.2 P-49ESect-14.2 P-50ESect-14.2 P-51ESect-14.2 P-52ESect-14.2 P-53ESect-14.2 P-54ESect-14.2 P-55ESect-14.2 P-56ESect-14.3 P-1CPSect-14.3 P-2CPSect-14.3 P-3CPSect-14.3 P-1ESect-14.3 P-2ESect-14.3 P-3ESect-14.3 P-4ESect-14.3 P-5ESect-14.3 P-6ESect-14.3 P-7ESect-14.3 P-8ESect-14.3 P-9ESect-14.3 P-10ESect-14.3 P-11ESect-14.3 P-12ESect-14.3 P-13ESect-14.3 P-14ESect-14.3 P-15ESect-14.3 P-16ESect-14.3 P-17ESect-14.3 P-18ESect-14.3 P-19ESect-14.3 P-20ESect-14.3 P-21ESect-14.3 P-22ESect-14.3 P-23ESect-14.3 P-24ESect-14.3 P-25ESect-14.3 P-26ESect-14.3 P-27ESect-14.3 P-28ESect-14.3 P-29ESect-14.3 P-30ESect-14.4 P-1CPSect-14.4 P-2CPSect-14.4 P-3CPSect-14.4 P-4CPSect-14.4 P-1ESect-14.4 P-2ESect-14.4 P-3ESect-14.4 P-4ESect-14.4 P-5ESect-14.4 P-6ESect-14.4 P-7ESect-14.4 P-8ESect-14.4 P-9ESect-14.4 P-10ESect-14.4 P-11ESect-14.4 P-12ESect-14.4 P-13ESect-14.4 P-14ESect-14.4 P-15ESect-14.4 P-16ESect-14.4 P-17ESect-14.4 P-18ESect-14.4 P-19ESect-14.4 P-20ESect-14.4 P-21ESect-14.4 P-22ESect-14.4 P-23ESect-14.4 P-24ESect-14.4 P-25ESect-14.4 P-26ESect-14.4 P-27ESect-14.4 P-28ESect-14.4 P-29ESect-14.4 P-30ESect-14.4 P-31ESect-14.4 P-32ESect-14.4 P-34ESect-14.4 P-35ESect-14.4 P-36ESect-14.5 P-1CPSect-14.5 P-2CPSect-14.5 P-3CPSect-14.5 P-4CPSect-14.5 P-1ESect-14.5 P-2ESect-14.5 P-3ESect-14.5 P-4ESect-14.5 P-5ESect-14.5 P-6ESect-14.5 P-7ESect-14.5 P-8ESect-14.5 P-9ESect-14.5 P-10ESect-14.5 P-11ESect-14.5 P-12ESect-14.5 P-13ESect-14.5 P-14ESect-14.5 P-15ESect-14.5 P-16ESect-14.5 P-17ESect-14.5 P-18ESect-14.5 P-19ESect-14.5 P-20ESect-14.5 P-21ESect-14.5 P-22ESect-14.5 P-23ESect-14.5 P-24ESect-14.5 P-25ESect-14.5 P-26ECh-14 P-1RECh-14 P-2RECh-14 P-3RECh-14 P-4RECh-14 P-5RECh-14 P-6RECh-14 P-7RECh-14 P-8RECh-14 P-9RECh-14 P-10RECh-14 P-11RECh-14 P-12RECh-14 P-13RECh-14 P-14RECh-14 P-15RECh-14 P-16RECh-14 P-17RECh-14 P-18RECh-14 P-19RECh-14 P-20RECh-14 P-21RECh-14 P-22RECh-14 P-23RECh-14 P-24RECh-14 P-25RECh-14 P-26RECh-14 P-27RECh-14 P-28RECh-14 P-29RECh-14 P-30RECh-14 P-31RECh-14 P-32RECh-14 P-33RECh-14 P-34RECh-14 P-35RECh-14 P-36RECh-14 P-1TCh-14 P-2TCh-14 P-3TCh-14 P-4TCh-14 P-5TCh-14 P-6TCh-14 P-7TCh-14 P-8TCh-14 P-9TCh-14 P-10T

Finite Mathematics

Single Variable Calculus

Calculus: An Applied Approach (MindTap Course List)

Calculus (MindTap Course List)

Applied Calculus

Statistics for The Behavioral Sciences (MindTap Course List)

Essentials Of Statistics

Intermediate Algebra

Understanding Basic Statistics

Finite Mathematics and Applied Calculus (MindTap Course List)

Precalculus: Mathematics for Calculus (Standalone Book)

Single Variable Calculus: Early Transcendentals, Volume I

Calculus: Early Transcendentals

Calculus: Early Transcendental Functions

Multivariable Calculus

Calculus (MindTap Course List)

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

Probability and Statistics for Engineering and the Sciences

Essentials of Statistics for The Behavioral Sciences (MindTap Course List)

Elementary Technical Mathematics

Mathematical Excursions (MindTap Course List)

Contemporary Mathematics for Business & Consumers

Trigonometry (MindTap Course List)

Elementary Geometry For College Students, 7e

Elements Of Modern Algebra

Finite Mathematics for the Managerial, Life, and Social Sciences

Calculus of a Single Variable

Elementary Geometry for College Students

Calculus: Early Transcendental Functions (MindTap Course List)

Single Variable Calculus: Early Transcendentals

Introduction To Statistics And Data Analysis

Study Guide for Stewart's Multivariable Calculus, 8th

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th