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The relation is now expressed as P = N (180-3Q); find P when: (i) Q = 0; (ii) Q = 60; (iii) Q = 59.

Mathematics

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Step-by-step solution

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Here are the calculations for the price (PP) based on the given relation P=N(180−3Q)P = N(180 - 3Q):

a) (ii) (c) i) Find PP when Q=0Q = 0:

  1. Substitute Q=0Q = 0 into the equation.

    P=180−3(0)P = 180 - 3(0)
  2. Calculate the price.

    P=180−0P = 180 - 0 P=180P = 180

    The price is N180\boxed{N180}.

    a) (ii) (c) ii) Find PP when Q=60Q = 60:

  3. Substitute Q=60Q = 60 into the equation.

    P=180−3(60)P = 180 - 3(60)
  4. Calculate the price.

    P=180−180P = 180 - 180 P=0P = 0

    The price is N0\boxed{N0}.

    a) (ii) (c) iii) Find PP when Q=59Q = 59:

  5. Substitute Q=59Q = 59 into the equation.

    P=180−3(59)P = 180 - 3(59)
  6. Calculate the price.

    P=180−177P = 180 - 177 P=3P = 3

    The price is N3\boxed{N3}.

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