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f(x) notationWe also discuss several other topics like ● Nonmediated theatre: theatre observed live, not through an electronic medium Why is Theatre Surviving?
f(x) = 2x + 3Don't forget about the age old question of What is natural selection?
f(x+2) = 2(x+2) +3We also discuss several other topics like Enumerate the top causes of death in the U.S.
Don't forget about the age old question of What pertains to a system of beliefs and knowledge shared by members of a group or society that influences
behaviors and attitude?
Demand = the quantity of an item or product consumers are willing to buy (the amount that will be bought)
Supply = the quantity of a product that is available to the consumerIf you want to learn more check out What do you call the process of making an observation of your own emotions and mental state?
If you want to learn more check out What is a dynamic system?
Law of Demand = as the price of a product increases, the demand will decrease
Law of Supply = as the price of the product increases, the supply will increase b/c people are gonna wanna sell more
D(q)= 9 - .75q = P
5.25 = 9 -.75q
q=5
Lower the price 
3.75 = q = .75q
People will buy more 
Q = 7
S = supply
s(q) = .75q = P
Q = 7
To find = system of equation
P = .75q
+P= q-.75q
----------------
2p=9
P= 4.5 - equilibrium price
equilibrium
Quantity
Fixed Cost
“Overhead”
1 time cost
Cost per unit / marginal cost
- How much it costs to make each / a single unit
Example = videogame
- To create $5,000
- To make copy/package = $12
Fixed cost 5,000
c(x)= 5,000 + 12x
Revenue
- The money made in sales
- R(x)= 45x
selling it for this
P(x) = r(x) - c(x) P=Profit R=revenue C=cost
Break even
- When total cost is covered by the revenue
c(x)=R(x)
5000+12x=45x
-12x -12x
---------------------
x=151.52
Break even point = 152
Sells sile screen
Marginal cost n produce 1 T-shirt = 3.5
Total cost = 300
Sells them at $9.00 (revenue)
300 =Fixed cost + 3.5 (60)
300 = FC + 210
-210 -210
-----------------------
FC=90
Break even
9x =90+3.5x
5.5x = 90
X = 17
c(x)=90+3.5x
