Linear Demand Curve

Elasticity 2
Price Demand
100 500
101 490

Linear Demand Curve

502
500
f(x) = - 10x + 1500
498
496
494
492
490
488
486
484
99.8 100 100.2 100.4 100.6 100.8 101 101.2
 Power Demand Curve

a 5000000
Elasticity 2
Price Demand
100 500

Price Demand
50 2000
Power Demand Curve
60 1388.889
70 1020.408 2500
80 781.25
90 617.284 2000
f(x) = 5000000 x^-2
100 500
110 413.2231 1500
120 347.2222
130 295.858
1000
140 255.102
150 222.2222
500

0
40 60 80 100 120 140 160
140 160
price demand
5 6
5.05 5.88

Unit Cost $2.00

price $4.75 deman

demand 6.6
6.02
profit $18.15
6
f(x) = - 2.4x + 18
5.98
5.96
5.94
5.92
5.9
5.88
5.86
5.84
5.82
4.99 5 5.01 5.02
demand
 demand

f(x) = - 2.4x + 18

5 5.01 5.02 5.03 5.04 5.05 5.06

demand Li near (demand)