Question: The supply function for a certain size boat is given by p = 730(2) boats, where p dollars is the price per boat and q

The supply function for a certain size boat is given by p = 730(2") boats, where p dollars is the price per boat and q is the quantity of boats supplied at that price. What quantity will be supplied if the price is $46,720 per boat? The quantity of boats supplied is if the price per boat is $46, 720. (Do not round until the final answer. Then round to the nearest integer as needed.)

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!

Attached is the assignment requirement and 2 previous assignments as example 1- the assignment should be zero plagiarism and similarity (no copy ans paste is accepted) 2- should be completed in the...

Homework #3 Quantitative Business Analysis (MHR381) 3 Homework number Due date Additional files needed None Excel functionality addressed: Learn how to use Excel to evaluate the profitability of...

1. [-/1 Points] DETAILS HARMATHAP12 5.3.013. MY NOTES ASK YOUR TEACHER Solve the equation. log(x) = 4 X = Need Help? Read It Watch It Submit Answer 2. [-/1 Points] DETAILS HARMATHAP 12 5.2.011. MY...

14. [-/4 Points] DETAILS HARMATHAP12 1.6.040. Complete the problem by using the accompanying gure, which shows a supply function and a demand function. (Assume price is measured in dollars.) p 40 30...

Question 5 (1 point) At the farmer's market in Irvine, California, the price of avocados is set at $3 each. At that price, 120 avocados are supplied but only 100 are purchased. Represent this on a...

Files 12:56 PM Mon May 16 25% Unit+2+workbook Q . . . Home Insert Draw Layout Review View Calibri Bold (Body) 36 B I U aAv A v Unit 2-Supply and Demand Name: HR: LAW OF SUPPLY Use the space below to...

To answer these questions, you will need to read Chapter 9, Market Equilibrium & Product Price - Imperfect Competition and please good Good format. #. Explain the 3 types of "Imperfect" market...

Hi Erylee88, I would like to utilize your service again. Same format different questions. Please find attached document for your review. Let me know. Thank you, Sam...

4 Files 12:47 PM Mon May 16 Insert Draw Layout Review View Unit 3Microec0nomics Name: ELASTICITY Use the space below to take notes during class. Elastic: Unit Elastic: Inelastic: Perfect...

*- 'nll-' uni-I'v- 'p---uI--'II Reread pp. 247253 in the Browning and Zupan reading on long run supply and m Consider a highly competitive market where the firms all face the same costs. They start...

Sanchez is eligible to receive retirement benefits of $901.01 at age 65, but decides to start receiving them when he turns 60 instead. This incurs a 36% penalty on his benefits. By taking his...

Explain why, in seeking to avoid financial crises, the governments role as regulator of the financial system does not imply it should protect individual institutions from failure.

What follows are a number of resources that are used by a manufacturer of futons. Assume that the output measure or cost driver is the number of futons produced. All direct labor is paid on an hourly...

Write the binomial probability and the normal probability for the shaded region of the graph. Find the value of each probability and compare the results. 0.24- 0.2 0.16- 0.12- 0.08 0.04- AP(x) n = 16...