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Find the linear supply function satisfying the following conditions: when the price is $\$ 4,$ there will be no supply. When the price is $\$ 11,$ there will be 600 units supplied.

$7 x-600 p+2400=0$

Algebra

Chapter 1

Functions and their Applications

Section 6

Economic Functions

Functions

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McMaster University

Harvey Mudd College

Idaho State University

Lectures

01:43

In mathematics, a function is a relation between a set of inputs and a set of permissible outputs with the property that each input is related to exactly one output. An example is the function that relates each real number x to its square x^2. The output of a function f corresponding to an input x is denoted by f(x).

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Find the linear supply fun…

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Assume that supply and dem…

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Supply and Demand Suppose …

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Assume that each situation…

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So we want to determine the linear supply function, So when the price is $4, there's no supply. Um but when the price is $11, there's 600 units supplied. So we get X minus or When the prices for, So P -4. Mhm. It's going to end up giving up zero. But if we multiply this times um Wind up getting when the price is $11, so When we end up getting that we'll get 600 units supplied. This is going to be seven x -600 Plus 2400. Yeah, Equal to zero. And that will give us our price function.

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