Guest mcyi2mr3 Posted July 20, 2003 Share Posted July 20, 2003 In a particular retail store the average price of a typical two-seater sofa has been £200 and average sales were 1000 per year. This year the store has run a half price sale on such sofas and found that sales increased by 50%. Question: Find a hyperbolic model for demand in terms of price. Link to comment Share on other sites More sharing options...
atinymonkey Posted July 22, 2003 Share Posted July 22, 2003 Hey, there was a guy asking the same question in the statistics group. Why not go ask if he got an answer? Science Forums » Mathematics » Statistics » a question of hyperbolic models Link to comment Share on other sites More sharing options...
Dave Posted August 24, 2003 Share Posted August 24, 2003 I'm also moving this over to stats as it has nothing to do with calculus as such. 1 Link to comment Share on other sites More sharing options...
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