Find the equilibrium point of the demand and supply equations. Demand...............................Supply 1. p = 43 0.0002x........
Question:
Demand...............................Supply
1. p = 43 − 0.0002x........ ..........p = 22 + 0.00001x
2. p = 120 − 0.0001x................ p = 45 + 0.0002x
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
1 22 000001x 43 00002x 000021x 21 x ...View the full answer
Answered By
Koyyaravi kumar
Have been teaching for more than 4 years mainly mathematics.-CBSE
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Calculus questions
-
We apply the classical predator prey model of Volterrs dx/dt = ax - bxy, dy/dt = -cx + dxy, where x denotes the population of sardines (prey) and y the population of sharks (predators). We now...
-
If a $56 tax is placed on each unit of the product of Problem 46, what is the new equilibrium point? In problem 46, Find the equilibrium point for the following supply and demand functions. Demand: p...
-
The demand function for a certain product is p = 81 - x2 and the supply function is p=x2+4x+11. Find the equilibrium point and the consumer's surplus there. In the following equation p and C are in...
-
- You have identified several risks on your project for which purchasing insurance is a possibility. The insurance company your firm uses has quoted reasonable rates, and your analysis shows that...
-
Apparent Weight, A 550-N physics student stands on a bathroom scale in an 850-kg (including the student) elevator that is supported by a cable. As the elevator stands moving, the scale reads 450 N....
-
The graph of f(x) = sinh x is shown in Figure 6.92. Use calculus to find the intervals of increase and decrease for f, and find the intervals on which f is concave up and concave down to confirm that...
-
Deluxe Limited undertook a contract for Rs 5,00,000 on 1st July 1997. On 30th June 1998 when the accounts were closed, the following details about the contract were gathered: Rs Rs Materials...
-
Zeidler Company bought a building and the land on which the building is located for a total cash price of $ 356,000. The company paid transfer costs of $ 4,000. Renovation costs on the building were...
-
Question 6 Not yet answered Moon company has an average selling price of OMR 23 per unit and an average variable cost of OMR 13 per unit. The fixed cost is OMR 150,000 per month How many units should...
-
Steam at a temperature of 250C flows through a steel pipe (AISI 1010) of 60-mm inside diameter and 75-mm outside diameter. The convection coefficient between the steam and the inner surface of the...
-
Match the system of linear equations with its graph. Describe the number of solutions and state whether the system is consistent or inconsistent. [The graphs are labeled (a), (b), (c), and (d).] a....
-
Use back-substitution to solve the system of linear equations. 1. 2. 4y + 3z 3 %3D 3 z = -5 y (x 7y + 8z 85 y 9z = 35 3 || ||
-
A positive electric charge a. attracts other positive charges b. repels other positive charges c. does not interact with other positive charges but only with negative ones d. consists of an excess of...
-
Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO. 1 Date...
-
A company may go through organizational change at various stages in its life cycle for a variety of reasons. Reasons can include a change in ownership as well as a change in the competitive...
-
6 (a) Below is a diagram of a rotating disc viscometer (FIGURE 4). Explain its operations and limitations as to use. If, in a similar works situation, it is necessary to make measurements on a...
-
As part of your role in the Business Analytics and Data Analytics team, you have been asked to forecast Food Retailing as part of a wider report being commissioned by the above collaboration - on...
-
You are three students who have together bought a business that makes snow. The customers consist of both large public enterprises and private individuals. The business is run all year round, but the...
-
What are cash flows? What must a small business owner know in order to calculate cash flows?
-
What are the six activities involved in the physical supply/distribution system?
-
In Exercises, find the indefinite integral and check the result by differentiation. 1[. + (3x) dx
-
In Exercises evaluate the definite integral. Use a graphing utility to verify your result. 0 |2x - 5| dx
-
In Exercises, find the indefinite integral and check the result by differentiation. P (-7), ( + ) [
-
Javier is currently paying $1,200 in interest on his credit cards annually. If, instead of paying interest, he saved this amount every year, how much would he accumulate in a tax-deferred account...
-
Your company is considering the purchase of a fleet of cars for $195,000. It can borrow at 6%. The cars will be used for four years. At the end of four years they will be worthless. You call a...
-
Saly paid $52,000 a year paid on a weekly basis. last pay she had $250 withheld in Income Tax, $48.97 for CPP and $15.80 for EI. an additional $and 25.00 in tax are deducted each pay. She allowed to...
Study smarter with the SolutionInn App