Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

here is the question . please make the font black and clear to understand . thank you 1. (4 points) Write the equation of the

here is the question . please make the font black and clear to understand . thank you

image text in transcribed
1. (4 points) Write the equation of the straight line through the two given points: M1 .-2} and B{-2.-}. Find intercepts and slope of the line. Sketch the graph. 2. {5 points} At a price $1.90. the annual supply and demand for barley are 41D million bushels and 455 million bushels respectively. When the price rises to $230 per bushel. the supply increases to 430 million bushels and demand decreases to 415 million bushels. Find the equilibrium point for barley market. 3. to points} The marketing research department for the company that manufactures and sells memory chips for computers established the following price demand function: Pix} = T5 3X. where p{x} is the wholesale price in dollars at which x million chips can be sold. {A} Find the domain of revenue function. (E) Sketch a graph of the revenue function in a rectangular coordinate system. [C] Find the output that will produce the maximum revenue. Find the maximum revenue. {D} What Is the wholesale price per chip that produces the maximum revenue

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mechanics of Materials

Authors: Russell C. Hibbeler

10th edition

134319656, 978-0134319650

Students also viewed these Mathematics questions