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Assuming that the given demand curve is a rectangular hyperbola, total expenditure (i.e. rectangular area or Q*P) is the same for each point on the length of the curve. Next we use the demand function to determine the total expenditure value as Q=1/P=>Q*P=1, and we have consequently a demand curve of unitary elasticity.
What else can I help you with?
What is the allocation function?
what is allocation function
Find the cost function from marginal cost?
Marginal cost function is a derivative of the cost function. To get the cost function, you need to do the opposite, that is, integrate.
How do you derive a cost function for a production function?
derive cost function from production function mathematically, usually done by utilizing mathematical optimization methods.
Discuss the function of money?
Discuss the function of money
What is the Function of a business?
The primary function of a business is to turn a profit.
What do you called to the graph of a cubic function?
hyperbola * * * * * A hyperbola is not a cubic function. A cubic function is of the form y = ax3 + bx2 + cx + d where a, b, c and d are real constants and a is not 0. A hyperbola is a functon of the form y = 1/x : quite different.
What are characteristics of the graph of the reciprocal parent function?
It is a hyperbola, it is in quadrants I and II
What type of cells tend to have a rectangular shape?
Epithelial cells tend to have a rectangular shape. These cells line the surfaces and cavities throughout the body and have a protective function. Their rectangular shape allows for close packing and provides structural support.
Is a graph of a quadratic function always a parabola?
No. It can also be a circle, ellipse or hyperbola.
Graph of an inverse proportion is an?
The graph of the function y(x) = 1/x is a hyperbola.
A function whose graph is not a straight line?
LOTS- cubic - quadratics - reciprocal - hyperbola - trigonometric - and more
What are three type of non linear function?
Curve Parabola Hyperbola There are loads more if you go into imaginary numbers
A rectangular equation that is a function will be a function in any coordinate system?
false
What does REC function stand for in a scientific calculator?
Rectangular It converts co-ordinates from a polar form to rectangular (Cartesian) form. It is the opposite of the Pol (or Polar) function.
What does POL function stand for in a scientific calculator?
The Pol function converts rectangular coordinates to polar coordinates
Are plant cells rectangular in shape?
Plant cells are typically rectangular in shape, but can also be square or elongated depending on their function and location within the plant.
The function that aligns text and images with both the left and right margin so it is in a rectangular block is called what?
The function used to align texts is called the tab function
