In one area the demand for Blu-ray discs is 1900/P per day, where P is the price
Question:
In one area the demand for Blu-ray discs is 1900/P per day, where P is the price in dollars per disc. The supply is 5P - 1 per day. At what price, to the nearest cent, does supply equal demand?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
To find the price at which supply equals demand we need to set the demand equal to ...View the full answer
Answered By
Joseph wambui
I've adverse experience in tutoring and writing of journals and poems
0.00
0 Reviews
10+ Question Solved
Related Book For
Intermediate Algebra
ISBN: 9780134895987
13th Edition
Authors: Margaret Lial, John Hornsby, Terry McGinnis
Question Posted:
Students also viewed these Mathematics questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Assume that consumers view tax preparation services as undifferentiated among producers, and that there are hundreds of companies offering tax preparation in a given market. The current market...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
Consider two mutually exclusive investment projects: A 1 and A2. Each project has the same service life, and the present worth of each component value (B, I, and C) is computed at 10% as follows:...
-
Suppose that a consumer can earn a higher wage rate for working overtime. That is, for the first q hours the consumer works, he or she receives a real wage rate of w1, and for hours worked more than...
-
Calculate the cutoff frequency of the high-pass filter circuit in Fig. 11.58. Fig. 11.58 10 k2 10 k2 20 k2 20 k2 0.02 uF 0.02 F FIG. 11.58
-
Prepare closing entries. Requirements 1. Using the following selected accounts of A to Z Electrical, Inc., at April 30, 2010, prepare the entitys closing entries: 2. What is A to Z Electricals ending...
-
Accounts receivable turnover, inventory turnover, and net margin Selected data from Warren Company follow. Required Compute the following: a. The accounts receivable turnover for 2011. b. The...
-
Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials...
-
What is the base in the expression ln x? A. x B. 1 C. 10 D. e
-
Find the discriminant. Use it to determine whether the solutions for each equation are A. Two rational numbers B. One rational number C. Two irrational numbers D. Two nonreal complex numbers. Tell...
-
The expected return on Big Time Toys is 9% and its standard deviation is 20%. The expected return on Chemical Industries is 8% and its standard deviation is 25%. a. Suppose the correlation...
-
What is the output of the following code: public class Test { public static void main(String[] args) { Object 01 = new Object(); Object 02 = new Object(); System.out.print((01 = 02)+""+...
-
Poplar Corporation owns 100% of Slater Company (a nonincludible U.S. entity). Slater paid interest to Poplar of $55,000 during the year. Slater's net income for the year was $490,000 afterdeducting...
-
The law of state responsibility is, in many ways, the lynchpin of the international legal order. Succinctly, and with references to appropriate authorities, explain why this is the case.?
-
A planet is located at < - 3 * 1 0 1 0 , 8 *1 0 1 0 , - 7 * 1 0 1 0 > m . A star is located at < 6 * 1 0 1 0 , - 2 *1 0 1 0 , 1 * 1 0 1 0 > m . What is the vector pointing from the star to the planet?
-
2. The Tarheel Manufacturing Company must decide whether to build a large plant or a small one to process a new product with an expected life of 10 years. Demand may be high during the first 2 years,...
-
Let x be the mean (in points) of three test scores, x1, x2, and x3, all in points. a. Find a formula for the mean of the test scores. b. If a student has test scores of 72 and 85, find the score she...
-
Which of the following is FALSE regarding the purchasing power parity (PPP). a. The PPP is a manifestation of the law of one price b. The PPP says that a country with a higher expected inflation can...
-
Each year, the Department of Education in Anytown publishes a report of college-bound high school seniors. You have been recruited to compare data gathered from seniors at the Acme Academy, a local...
-
Each year, the Department of Education in Anytown publishes a report of college-bound high school seniors. You have been recruited to compare data gathered from seniors at the Acme Academy, a local...
-
A political analyst is conducting a survey aimed at tuning campaign messages; the question of interest is, Do women and men tend to vote the same or differently when it comes to electing the mayor?...
-
Following are some transactions and events of Business Solutions February 26 The company paid cash to Lyn Addie for eight days work at $140 per day. March 25 The company sold merchandise with a...
-
Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost...
-
Suppose that a supervisor asks you to rechassily a short-term note payable as a long-term liability. a. What effect will this have on the current ratio? b. Could such an effect be viewed beneficially...
Study smarter with the SolutionInn App