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SECTION 3–6 Inverse Functions 243

Step 1. Find the domain of f and verify that f is one-to-one. Price and demand are never

negative, so p 0 and

x 20,000 1,000p

1,000(20 p) 0

20 p 0

20 p

Factor.

Divide both sides by 1,000.

Add p to both sides.

or p 20

Since p must satisfy both p 0 and p 20, the domain of f is [0, 20]. The

graph of f (Fig. 5) shows that f is one-to-one.

x

20,000

x 20,000 1,000p

0

Z Figure 5

20

p

Step 2. Since x and p have specific meaning in the context of this problem, interchanging

them does not apply here.

Step 3. Solve the equation x 20,000 1,000p for p.

0.001x 20 p

x 20,000 1,000p

x 20,000 1,000p

Subtract 20,000 from both sides.

Divide both sides by 1,000.

The inverse of the demand function is

p f 1 (x) 20 0.001x

Step 4. From Figure 5, we see that the range of f is [0, 20,000], so this must also be the

domain of f 1 .

p f 1 (x) 20 0.001x

0 x 20,000

We should check that f ( f 1 (x)) x and f 1 ( f( p)) p, but we will leave that to

the reader.

The revenue R is given by

R xp

R(x) x(20 0.001x)

20x 0.001x 2

and the domain of R is [0, 20,000].

MATCHED PROBLEM 4

Repeat Example 3 for the demand function

x f ( p) 10,000 1,000p

0 p 10

The demand function in Example 4 was defined with independent variable p and

dependent variable x. When we found the inverse function, we did not rewrite it with independent

variable p. Because p represents price and x represents number of players, to

interchange these variables would be confusing. In most applications, the variables have

specific meaning and should not be interchanged as part of the inverse process.

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