Question: p ( x ) = 1 2 4 0 - 1 3 0 lnx . what price corresponds to a demand of 2 4 0

p(x)=1240-130lnx. what price corresponds to a demand of 240000 units ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

Temperature transducers of a certain type are shipped in batches of 50. A sample of 60 batches was selected, and the number of transducers in each batch not conforming to design specifications was...

Q:

Suppose that for a given computer salesperson the probability distribution of x Number of systems sold in one week is given by the following table X p x 1 2 3 0 04 0 10 0 13 4 5 6 7 a Find the mean...

Q:

1. [45 Points] DETAILS LARLINALGB 4.4.060. By inspection, determine if each of the sets is linearly dependent. (a) 5 = {[1, 3ll [3, 2). (2, 6)} O linearly independent 0 linearly dependent (bl 5 =...

Q:

Please solve 8, 10, 11 and 12 with fully explaination 8. Two lines Li and Ly are defined by the vector equations L: 7 = (1, -1, 1) + +(0, 3, -5), tER and 2: 7 = (1, 2, -4) + +(0, 5, 3), tER. a. Do L,...

Q:

Data Table Budgeted Amounts 4,500 Actual Amounts 5.300 $ 84,080 $ 78,480 4,905 5.255 $ 47 476 49.500 Magellan XS units produced Navigation systems cost Navigation systems Polarized glass cost Sheets...

Q:

Find the LU factorization of A = [4 8 16 -4 -12 -4 2 1 14] A = [1 2 4 0 1 -3 0 0 1] [4 0 0 -4 -4 0 2 -3 -3] To solve the system [4 8 16 -4 -12 -4 2 1 14] x = [-8 -2 -68] using the LU factorization,...

Q:

15. Temperature transducers of a certain type are shipped in batches of 50. A sample of 60 batches was selected, and the number of transducers in each batch not conforming to design speci cations was...

Q:

1. Identify the correct statement from the following alternatives: 1. The value of a currency forward contract is the present value of the forward rate at expiration minus the spot rate discounted at...

Q:

Prior to the discovery of any specific public-key schemes, such as RSA, an existence proof was developed whose purpose was to demonstrate that public-key encryption is possible in theory. Consider...

Q:

please do the excel (show calculations ) files from the Internet can contain viruses. Unless you need to edit, it's say COULDN'T VERIFY SUBSCRIPTION Excel couldn't verify your Microsoft 365...

Q:

Consider one year as one period. Assume that the 1-year and 2-year spot rates are 2% and 2.2%, respectively. Assume that one year from now, the 1-year spot rate will be either 1.8% or 2.5% with equal...

Q:

According to data from the American Medical Association, 10% of us are left-handed. a. If three people are randomly selected, find the probability that they are all left-handed. b. If three people...

Q:

teaching plan for patients with mild migraines up to severe migraines. The plan should include: Description of Medications: How the medications work. When the medications should be taken. Side...

Q:

A particle is moving in three dimensions and its position vector is given by; r(t) = (4, 4t + 2, 3t)i + (4, 5t - 2, 3)2 + (3, 3t + 3, 1t)k where r is in meters and t is in seconds. Determine the...