Can someone please help with the below question?

label Calculus
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Let f(p)  be a function which describes the relationship between the price charged (p) for membership to a health club, and the number of people (f)who buy memberships to the health club.

a. Explain the meaning of the equation f(100)=50  as it applies to the description above.

b. Explain the meaning of the equation f(100)= -10   as it applies to the description above.

Jul 20th, 2015

Thank you for the opportunity to help you with your question!

a) f(100) = 50. It means that if the price charged for the membership is equal to $100 then the number of people who buy the memberships to the health club would be 50.

b) f(100) = - 10. This means that if the price charged for the membership is equal to $100 then the number of people who sell the memberships to the health club would be 10. It is the opposite economical meaning respect to the part a.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 20th, 2015

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