Question: What is the function to calculate y when the quantity = x? quantity price 100(min) $60 . . x y . . 100,000(max) $40 Please help need to solve urgently. Thank you so much in advance!

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Question: What is the function to calculate y when the quantity = x? quantity price 100(min) $60 . . x y . . 100,000(max) $40 Please help need to solve urgently. Thank you so much in advance!

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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I do not understand the question. Are you stating that 100 units of an item cost $60 and 100,000 units of the same items cost $40?
looks like a demand function which has an inverse relationship y = k/x + c 60 = k/100 + c and 40 = k/100,000 +c solve for k and c k = 2002 c = 39.98 y = 2002/x + 39.98
Thank you so much! You don't know how much you helped. By the way how how did you find k and c?

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you could also do a log regression but with only 2 points it may not be very precise
i put it in my calculator and got something like y = 73.3 -2.9ln(x)
oh i just solved the system of 2 eqautions i solved for c in 1st equation then substituted into 2nd equation to find k
brilliant. Can't believe I've wasted a day trying to solve this. Thank you again!

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