Suppose the supply of x units of a product at price p dollars per unit is given
Question:
p = 10 + 5 ln (3x + 1)
How many units would be supplied when the price is $50 each?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
50 105ln3x1 4...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ 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
-
Suppose that the supply of x units of a product at price p dollars per unit is given by p = 10 + 50 ln (3x + 1) (a) Find the rate of change of supply price with respect to the number of units...
-
Suppose the supply function for x units of a certain lamp is given by p = 0.02x + 50.01 - 10 / x2 + 1 Where p is in dollars find the producer's surplus if the equilibrium price is $70 and the...
-
Supply and Demand In many applications of economics, as the price of an item goes up, demand for the item goes down and supply of the item goes up. The price where supply and demand are equal is the...
-
For the given values, determine the quadrant(s) in which the terminal side of the angle lies. cos = 0.5000
-
Engine oil (assume SAE 10, Table 10.3) passes through a 1.80-mm-diameter tube in a prototype engine. The tube is 5.5 cm long. What pressure difference is needed to maintain a flow rate of 5.6 mL/min?
-
A truck carrying a film crew must be driven at the correct velocity to enable the crew to film the underside of the plane. The plane flies at 95km/h at an angle of 20 relative to the ground. How fast...
-
The inversion temperature of hydrogen is (a) \(315 \mathrm{~K}\) (b) \(202 \mathrm{~K}\) (c) \(275 \mathrm{~K}\) (d) \(345 \mathrm{~K}\).
-
Octavia Corp.'s products are manufactured in three separate departments: Molding, Curing, and Finishing. Materials are introduced in Molding; additional material is added in Curing. The following...
-
Questions: 1.If the preference shares are cumulative and fully participating, how much is the dividends to be allocated to ordinary shareholders? 2.If the preference shares of OTSO CORP are...
-
You are an equity analyst at an investment bank. You have been asked to perform valuation of Novice Ltd., a company that specialises in the media industry. You have been provided with the following...
-
The function that models the growth in the number of billions of cubic feet of shale-natural gas in China, with x as the number of years after 2010, is y = 0.0117(1.75x) Find the year when the number...
-
Say the demand function for a product is given by p = 100 ln (q + 1). (a) What will be the price if 19 units are demanded? (b) How many units, to the nearest unit, will be demanded if the price is...
-
How can a business identify its legal risks?
-
Describe how you would adopt a balanced score card approach to evaluate your project performance. Your response should identify specific measures you would use as well as the approach you would take...
-
Based on the synopsis of the LeadClick case. Who has or should have primary responsibility for managing fake news and its consequences (i.e., social media companies, advertising companies,...
-
Place the following phrases in an internet search bar and, describe the following. Please provide a citation and reference for each source you use. Feedback and empowerment What does the ability to...
-
How can I find the exact p-value for each coefficient (p>t )column if the number of observations = 52, df numerator is 3, df denominator is 48, t static is there in the third column. I need to know...
-
Briefly explain at least 5 tools and techniques you have learned in the previous classes that are used by operations managers to improve the processes, lower costs and meet the demand of their...
-
Problem 21 considered an arbitrage opportunity involving an American option. Suppose that this option was a European call. Show that there is a similar possible arbitrage profit. Problem 21 Pintails...
-
1. Following are information about Alhadaf Co. Cost incurred Inventory Purchases Sales Adverting expense Salary Expense Depreciation Beginning Inventory Ending Inventory Amount 118,000 350.000 90,000...
-
A total of 3.0 x 106m3 of water evaporates, and there is no outflow. Lakes receive water from streams each year and lose water to out flowing streams and evaporation. The following values are based...
-
Assume instead that 2.0 x 106m3 of water evaporates and there is no outflow. The volume of this lake is increasing. Lakes receive water from streams each year and lose water to out flowing streams...
-
The situation described in Exercise 41. Find the equilibrium concentration of salt in a lake in the above case. Describe the result in words by comparing the equilibrium salt level with the salt...
-
Factory overhead of $44,700 consists of Indirect labor of $21,900, Depreciation expense-Factory of $16,900, and Factory utilities of $5,900. a. Compute total manufacturing costs. b. Prepare a...
-
In Giannakakos et al. (2016), titled Using Video Modeling with voiceover Instruction plus feedback to train staff to implement direct teaching procedures, why do you think collecting data on the...
-
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. 2. Calculate Presidios contribution margin ratio and...
Study smarter with the SolutionInn App