2. Q2. The demand function for monopolist's product is p= 700 - 29 and the average cost per unit for producing q units is 1000 e= q + 100 + where p and č are in dollars per unit. Find the maximum profit that the monopolist's can achieve.

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Q: ahat is measure of dispersion? explain how it does.

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Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.