n2739178 Wrote:If the price of a commodity is directly proportional to m3 and inversely proportional to q2, which of the following values of m and q will result in the highest price for the commodity?
a) m=3, q=2
b) m=12, q=12
c) m=20, q=20
d) m=30, q=36
e) m=36, q=72
ans = d
in the MGMAT answer, it says
"We know that when m^3 gets bigger, the price of our commodity gets bigger. However, when q^2 gets bigger, that same price gets smaller. We can express this as: Price = km^3 / q^2"
... i understand most of direct and indirect proportionality, however I don't get how the question's author has come to this equation?
please elaborate for me!
thanks
Sure! Let's think for a second about what direct proportionality means: if one variables grows another grows. They have a direct relationship: the resulting value = (some constant) * the original value.
For example, maybe we learn that the more I study the GMAT the higher my score is. The formula for my score could be
GMAT score = 1.05 (number of hours studying)^3. Thus, as my number of hours studying go up my score also goes up. They are directly proportionate.
An inverse proportion would indicate that the less of something I have the more of something else I have. For example, maybe I can rate my test anxiety on a scale, and the less test anxiety I have the greater my GMAT score is. Now, it doesn't make sense to set these directly equal to each other like I did in the previous paragraph. As I increase my test anxiety, my score becomes lower. What's the solution? To set up this kind of a formula:
GMAT score = constant/text anxiety
Let's cross multiply: my GMAT score * my level of test anxiety = some constant value. Thus, if I can decrease my test anxiety my GMAT score will rise, and vice versa.
Thus, in this question, to make this formula we're just combining these two equations:
Direct:
Price = k * m^3 (k is the constant value)
Indirect:
Price = k/q^2
So how do we combine them? They both have price on the left and k in the numerator on the right. Now we just continue to use m^3 on the top and q^2 on the bottom. Test out the answers and determine which one gives you the best value.
Please let us know if we can help you further. :-)