Explore BrainMass

Explore BrainMass

    Business Mathematics

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Have you seen any graphs in a meeting at work or in a business situation that you thought were useful? Do you think graphs are useful for describing functions, or do they have the potential to cause even more confusion?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:21 pm ad1c9bdddf
    https://brainmass.com/business/business-math/business-mathematics-example-problem-274918

    Solution Preview

    Graphs are very much useful in describing various functions related to business.

    Let us consider an example for a better illustration.

    Suppose the equations S=5000 + 200x and D=9500-100x express the supply S and the demand D, respectively, for a particular business firm, in terms of its price x (in dollars).
    From the graph of this ...

    Solution Summary

    This solution is comprised of detailed explanation and step-by-step calculation of the given problem and provides students with a clear perspective of the underlying concepts.

    $2.19

    ADVERTISEMENT