Find the equilibrium point of the demand and supply equations. 1. p = 500 0.4x p
Question:
1. p = 500 − 0.4x p = 380 + 0.1x
2. p = 100 − 0.05x p = 25 + 0.1x
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
1 500 04x 380 01x 120 05x x 2...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Calculus questions
-
Find the equilibrium point of the demand and supply equations. Demand...............................Supply 1. p = 43 0.0002x........ ..........p = 22 + 0.00001x 2. p = 120 0.0001x................ p...
-
The supply and demand for a video-game system are related to price by the equations y = 70 + 2x, y = 175 - 5x, Respectively, where y is the price, in dollars, and x is the number of units, in...
-
Find the equilibrium point for the following supply and demand functions. Demand: p = 480 - 3q Supply: p = 17q + 80
-
Let x be the number of magazines a person reads every week. Based on a sample survey of adults, the following probability distribution table was prepared. Find the mean and standard deviation of x. 0...
-
Angle for Minimum Force. A box with weight w is pulled at constant speed along a level floor by a force F that is at an angle 6 above the h0ri2ontal. The coefficient of kinetic friction between the...
-
Your firm has decided to try two approaches to estimating a valuation allowance for sales returns. Required: a. First, your firm decides to estimate that 10% of all sales will eventually be returned....
-
What is a bivariate distribution function?
-
Jordan Broadcasting Company is going public at $50 net per share to the company. There also are founding stockholders that are selling part of their shares at the same price. Prior to the offering,...
-
Identify specific components of performance-management systems policies and procedures, self-audits, benchmarking, complaint management, corrective or preventive action, education and training,...
-
Suppose there are three types of individuals: high productivity (HP), medium productivity (MP) and low productivity (LP). LP and MP workers amount for a proportion of sizes qL and qM of the entire...
-
One eight-ounce glass of apple juice and one eight-ounce glass of orange juice contain a total of 179.2 milligrams of vitamin C. Two eight-ounce glasses of apple juice and three eight-ounce glasses...
-
Thirty liters of a 40% acid solution is obtained by mixing a 25% solution with a 50% solution. (a) Write a system of equations in which one equation represents the total amount of final mixture...
-
A jacketted-agitated vessel, fitted with a turbine agitator, is used for heating a water stream from 10C to 54C. The average heat transfer coefficient for water at the vessels inner-wall can be...
-
What role does power play in shaping international relations, especially in terms of diplomacy, trade agreements, and military alliances, and how can nations navigate power imbalances to promote...
-
Write java application to do the following: 1. Declare array "names" to store names for 10 employees, and array "salary" to store the salary for each of the10 employees. 2. Read the names and...
-
How does the unequal control of environmental resources contribute to global power imbalances, and what international agreements or frameworks can address environmental justice and promote...
-
4. (10 points) Describe these sets by listing all members in these sets: a) S6 = {xe Nx>0^x 20} b) S7 = {x S6lx is prime} c) S8 = {xE S7|x is odd} d) Sg Zn (Z+UZ) = e) S10 = Sgn Sg
-
How does the control of knowledge and information confer epistemic power to certain groups or institutions, and what are the implications for intellectual freedom, academic discourse, and societal...
-
Refer to Googles recent balance sheet in Appendix A. What is the book value of its total net property, plant, and equipment assets at December 31, 2017? Data from Google's Google Inc. (Alphabet Inc.)...
-
Suppose you are comparing just two means. Among the possible statistics you could use is the difference in means, the MAD, or the max min (the difference between the largest mean and the smallest...
-
In Exercises use the properties of summation and Theorem 4.2 to evaluate the sum. Use the summation capabilities of a graphing utility to verify your result. Data from in Theorem 4.2 30 -18 i=1
-
In Exercises use the properties of summation and Theorem 4.2 to evaluate the sum. Use the summation capabilities of a graphing utility to verify your result. Data from in Theorem 4.2 12 i=1
-
In Exercises, set up a definite integral that yields the area of the region. (Do not evaluate the integral.) f(x) = 5 y 5 4 3 2 1 1 2 3 4 5 X
-
ASSESSMENT 1 BRIEF Objective of the task The purpose of this task is to demonstrate your knowledge of how to use commercial kitchen equipment to prepare a range of different food types with very...
-
A man drops a rock into a well. (a) The man hears the sound of the splash 2.23 s after he releases the rock from rest. The speed of sound in air (at the ambient temperature) is 336 m/s. How far below...
-
(a) An image with 8 gray levels is shown in the following figure. Hand calculates histogram equalization to the image. Show how you compute the mappings and the histogram equalized image. 2 1 0 1 1...
Study smarter with the SolutionInn App