From 7f60ea012dd2524dae921a2a35adbf7ef21f2bb6 Mon Sep 17 00:00:00 2001
From: prashantsinalkar
Date: Tue, 10 Oct 2017 12:27:19 +0530
Subject: initial commit / add all books

---
 1415/CH1/EX1.3.4/ex4.sce | 37 +++++++++++++++++++++++++++++++++++++
 1 file changed, 37 insertions(+)
 create mode 100644 1415/CH1/EX1.3.4/ex4.sce

(limited to '1415/CH1/EX1.3.4/ex4.sce')

diff --git a/1415/CH1/EX1.3.4/ex4.sce b/1415/CH1/EX1.3.4/ex4.sce
new file mode 100644
index 000000000..77f34bb8c
--- /dev/null
+++ b/1415/CH1/EX1.3.4/ex4.sce
@@ -0,0 +1,37 @@
+//Example 4 Page 83
+clear
+clc
+
+disp('a)')
+q2=350//assigning the q2 value
+q1=400//assigning the q1 value
+p2=0.75//assigning the p2 value
+p1=0.50//assigning the p1 value
+m1=((q2-q1)/(p2-p1));//finding the slope value
+disp(m1,'the slope m is')//displaying the slope value
+b1=q1-m1*p1//finding the intercept value
+disp(b1,'the intercept value b')//displaying the intercept value
+mprintf("so the demand equation is q=%dp+%d",m1,b1);//displaying the demand function
+
+q2=500//assigning the q2 value
+q1=300//assigning the q1 value
+p2=0.75//assigning the p2 value
+p1=0.50//assigning the p1 value
+m2=((q2-q1)/(p2-p1));//finding the slope value
+disp(m2,'the slope m is')//displaying the slope value
+b2=q1-m2*p1;//finding the intercept value
+disp(b2,'the intercept value b')//displaying the intercept value
+mprintf("so the supply equation is q=%dp%d",m2,b2);//displaying the supply curve
+
+disp('b)')
+disp('In deamnd equation the slope m = -200, since m is negative, we see that the number of cans sold decreases as the price increases')
+disp('In supplyequation the slope m = 800, since we conclued that the weekly supply increases by 800 cans per $1 increase')
+
+disp('c)')
+p=600/1000;//finding the p value
+disp(p,'the p value is(dollars):')//displaying the p value
+q=m1*p+b1;//fincind the q value
+disp('the corresponding demand is:")//displaying the q value
+mprintf(" %d cans per week",q)//printing the q value
+
+
-- 
cgit