If the demand and supply functions for a product are P = 2100 - 10q - 0.5q2
Question:
p is the price per unit in dollars and q is the number of units.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
After taxation the supply function is p 300 5q 05q 2 t The...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
If the demand and supply functions for a product are p = 800 - 2q and p = 100 + 0.5q, respectively, find the tax per unit t that will maximize the tax revenue T. p is the price per unit in dollars...
-
Suppose the demand and supply functions for a product are respectively, where p is in dollars and q is the number of units. Find the tax per unit t that will maximize the tax revenue T, and find the...
-
The domestic demand and supply functions for a particular type of latex paint are Q d = 14 0.5p and Q s = 4 + p, respectively. The price is measured in dollars per gallon and the quantities are...
-
In an attempt to prepare propylbenzene, a chemist alkylated benzene with 1-chloropropane and aluminum chloride. However, two isomeric hydrocarbons were obtained in a ratio of 2:1, the desired...
-
Two thermally insulated vessels are interconnected by a tube equipped with a valve. One vessel of volume V1 = 10 1 contains v = 2.5 moles of carbon dioxide. The other vessel of volume V2 = 100 1 is...
-
The December 31, 2021, balance sheet of Chen, Inc., showed long-term debt of $1.38 million, and the December 31, 2022, balance sheet showed long-term debt of $1.52 million. The 2022 income statement...
-
How severe are the environmental problems facing humanity and how do they relate to poverty?
-
Aggie Co. sells agricultural products. Aggie pays its salespeople a salary plus a commission. The salary is the same for each salesperson, $1,000 per month. The commission varies by length of...
-
Sunland Corporation, a publicly traded company, was incorporated on May 1, 2024. It is authorized to issue an unlimited number of $2 noncumulative preferred shares and an unlimited number of common...
-
Banyan Industries Limited (Banyan) manufactures various models of alternators, mainly for the North American automobile industry. The company, located in Canada, has grown steadily over the past 15...
-
If the daily demand for a product is given by the function p + q = 1000 and the daily supply before taxation is p = q2/30 + 2.5q + 920, find the tax per item that maximizes tax revenue. Find the tax...
-
If the demand and supply functions for a product are p = 5000 - 20q - 0.7q2 and p = 500 + 10q + 0.3q2, respectively, find the tax per unit t that will maximize the tax revenue T.
-
Suppose that an experiment is performed times. For any event of the sample space, let n(E) denote the number of times that event occurs and define f(E) = n(E)/n. Show that f() satisfies Axioms 1, 2,...
-
Journalize the transaction Analyze the transaction and prepare the journal entry. Paid $880 cash on amount owed on truck and $440 on amount owed on cleaning supplies. Date Account Jul 18 Debit Credit...
-
On January 1, 2024, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Payment...
-
On March 10, Fat Tires Ltd. borrowed $7000.00 with an interest rate of 8.1%. The loan was repaid in full on October 13, with payments of $2900.00 on April 7 and $3500.00 on June 5. What was the final...
-
which of the fishers children qualifies for the child tax credit?
-
Prices of land in City A are $60K per acre, and in City B are $ 150K per acre. Applying the rule that market value of dwelling and of land is roughly five times the value of land, what would be the...
-
Reba, a calendar year taxpayer, owns an office building that she uses in her business. The building is involuntarily converted on November 15, 2019. On January 5, 2020, Reba receives enough proceeds...
-
Experiment: Tossing four coins Event: Getting three heads Identify the sample space of the probability experiment and determine the number of outcomes in the event. Draw a tree diagram when...
-
Find the dimensions of the rectangle of largest area that can be inscribed in an equilateral triangle of side L if one side of the rectangle lies on the base of the triangle.
-
Find the dimensions of the rectangle of largest area that has its base on the -axis and its other two vertices above the axis and lying on the parabola y = 8 x2.
-
Find the dimensions of the isosceles triangle of largest area that can be inscribed in a circle of radius r.
-
Answer the following questions with respect to the following Strategy pattern diagram as illustrated below 3. The relationship between StudentToSchool class and Strategy and actors with strategy?...
-
a) Design a simple relational database that captures the information required to maintain records of orders. Take into account that your design should allow a customer to order as many items as...
-
Write a procedure named AVG in assembly language which calculates and returns the average of three memory operands. Also show how this procedure will be called from main. Pass arguments (variable...
Study smarter with the SolutionInn App