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Instruction: Read the problem carefully to understand the scenario. Identify what you need to Find (quantity, price, or other}. Problem 1'. The demand function for
Instruction: Read the problem carefully to understand the scenario. Identify what you need to Find (quantity, price, or other}. Problem 1'. The demand function for a popular smanphone model is given by Gd 2 5-00 5P. where Qd is the quantity demanded and P Is the price in dollars. Calculate the quantity demanded when the price is $30. Problem 2: A local ooftee shop's demand function [or its specialty coftee is no = 200 2?, where Dd is the number of cops sold and P is the pn'ce in dollars. Determine the price at which the quantity demanded will be 100 cups of coffee. Problem 3'. A streaming service provider has. a demand function for its premium pian given by Gd = 150 - P, where no is the number or subscribers and P is the monthtv price in dollars. Calculate the number of subscribers when the price is $50. Problem 4: The demand for electric vehicles {EVs} is represented by the demand function (id = 300 - 3P. where Cd is the number of EVs sold and P is the price in thousands of dollars. Calculate the quantitl'iI demanded when the price is $40,000. Problem 5: The demand for houses in a city is given by the demand function Gd = 400 - 5F, where Old is the number of houses sold and P is the price in thousands of dollars. Calculatethe price at which the quantity demanded will be 120 houses. Problem 6: The demand function for a major airline's economy-class tickets is given by Oct : 500 - 3P. where Cid is the number of tickets sold. and P is the price in dollars. Calculate the number of tickets sold when the price is $100. Problem T; A ride-sharing service has a demand function for rides in a city. which is Dd : 300 - 2P. where Go is the number of rides taken. and F' is the price per ride in dollars. Determine the price at which 150 rides will be requested. Problem B: The demand tunclion tor a smart home device is given by Cid = 200 - P. where Ctd is the number of devices sold. and F is the price in dollars. Calculate the quantity.r demanded when the price is $?5. Problem 9: A regional airline's demand tunction for passenger flights is represented by Gd = 400 - 4P, where Cd is the number of passengers. and P is the price of a ticket in hundreds of dollars. Calculate the number of passengers when the ticket price is $30. Problem 10: A local restaurant's demand tunction for a particuiar meal is Oct = 150 - 2P. where (id is the number of meals ordered. and P is the price per meal in dollars. Determine the price at which 80 meals will be ordered. Problem 11: In the market for electric vehicles {EVsL the demand function is Do = 500 - 5P. where Cid is the quantity demanded. and P is the price in thousands of dollars. The supply function for Eiv's is Os = 200 + 3P. Calculate the quantity supplied when the price is $30,000. Problem 12: In the market for organic produce. the demand function is Old = 400 - 3P. where Cd is the quantity demanded. and P is the price. The supply lunction for organic produce is Qs = 100 + 2P. Determine the quantity demanded when the price is $20. Problem 13: The demand for renewable energy in a region is given by the equation Qd = 300 - 2P. where Qd is the quantity demanded. and F' is the price per unit of renewable energy. The supply function for renewable energy is Gs = 150 + P. Calculate the quantity supplied when the price is $40. Problem 14: In the market for apartment rentals, the demand function is Qd = 250 - 4P. where Qd is the number of apartments rented. and P is the monthly rent in hundreds of dollars. The supply function for apartments is 05 = 100 + 2P. Determine the quantity demanded when the rent is $1.000 per month. Problem 15: In the market for ride-sharing services, the demand function is Go = 350 - 3P. where Cid is the number of rides taken. and P is the price per ride in dollars. The supply function for ride-sharing services is 05 = 100 + 4F. Calculate the quantity Supplied when the price is $20 per ride. Problem 16: In the market for hotel room rentals. the demand function is Qd = 300 - 2P, where Cid is the number of rooms booked, and P is the price in hundreds of doliars. The supply function for hotel rooms is 05 = 100 + 3P. Determine the quantity demanded when the room price is $150. Problem 17: A ride-hailing service has a demand function for rides in a city. which is Qd = 200 - P. where Cd is the number of rides requested. and P is the price per ride in dollars. The supply function for ride-hailing services is Os = 80 + 2P. Calculate the quantity supplied when the price is $25. Problem 18: In the market for sotar panels. the demand function is Oct = 150 - P. where Go is the quantity demanded, and P is the price per panel in thousands of dollars. The supply function for solar panels is Os = 60 + 2P. Determine the quantity demanded when the price is $15,000. Problem 19: A ride-sharing scooter company has a demand function for scooter rides in a city. which is 0d 2 250 - 3P. where Cd is the number of scooter rides taken. and P is the price per ride in dollars. The supply function for scooters is 0s = 80 + 4P. Calculate the quantity supplied when the price is $5. Problem 20: In the market for artisan bread. the demand function is Qd = 200 - 4P. where Cd is the number of loaves purchased. andI P is the price per loaf. The supply function for artisan bread is 05 = 50 + 2P. Determine the quantity demanded when the price is $2"
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