Assume that the demand curve D(p) given below is the market demand for widgets:
Q=D(p)=1204−11p, p > 0
Let the market supply of widgets be given by:
Q=S(p)=−3+6p, p > 0
where p is the price and Q is the quantity. The functions D(p) and S(p) give the number of widgets demanded and supplied at a given price.
What is the equilibrium price?
Please round your answer to the nearest hundredth.
What is the equilibrium quantity?
Please round your answer to the nearest integer.
What is the consumer surplus at equilibrium?
Please round the intercept to the nearest tenth and round your answer to the nearest integer
What is the producer surplus at equilibrium?
Please round the intercept to the nearest tenth and round your answer to the nearest integer.
What is the unmet demand at equilibrium?
Please round your answer to the nearest integer.
Answer:
Step-by-step explanation:
I'll use y for quantity and x for price [love my x and y] and rewrite the demand and supply functions:
Demand: y=1204−11x
Supply: y = -3 + 6x
==
We want to know the equilibrium price and quantity. The quantities purchased and sold would be equal to the quantities supplied:
1204−11x = -3 + 6x
-17x = - 1207
x = 71 The price of a widget is 71 units ($, €,£,¥, etc.) at equilibrium
A price of 71 would lead to a demand and supply of:
y = 1204−11x
y = 1204−11(71)
y = 423 Widgets
We can also plot this to find the point (71,423). See the attachment.
At this point, I'm uncertain how to answer the "producer surplus" and "unmet demand" at equilibrium. This is what I did, so please judge if it is correct.
The demand line, y=1204−11x, tells us that if the price were 0, the demand would be 1204, which I'll assume in the maximum, since it is stipulated that x > 0 (I imagine it may no longer be a straight line when the price goes into negative territory. I'd be the first in line to accept a widget and $5 if they were priced at -$5).
At equilibrium, therefore, we would still have an unmet demand of (1204 - 423) or 781 widgets that customers wanted, but wouldn't pay the price.
It seems to me that this would also be the unmet demand: Product that could have been sold, but wasn't, due to the price. I'm unsure, however.
-2/7 × 9.75 what is answer
Answer:
-2.78
Step-by-step explanation:
You first divide and then multiply.
A coin is tossed and the spinner is spun one possible outcome is H3 (heads, 3). What is the sample space for the experiment?
Supposing a spinner with 4 sides, the sample space is:
{H1, H2, H3, H4, T1, T2, T3, T4}
The sample space is the set that contains all possible outcomes for an experiment.
In this problem:
For the coin, there are two possible outcomes: H or T.Supposing the spinner has 4 sides, there are four possible outcomes: 1, 2, 3, or 4.Hence, the sample space is:
{H1, H2, H3, H4, T1, T2, T3, T4}
For more on sample space, you can check https://brainly.com/question/25775544
Which equation represents this statement?
The product of 1/5 and a number is equal to 1/1 2.
1/5n=1/1 2
1/5÷n=1/1 2
1/5−n=1/1 2
1/5+n=1/1 2
Answer:
answer is B
Step-by-step explanation:
find the mean of 90 100 100
Answer: 100
Step-by-step explanation:
[tex]\frac{90+100+110}{3}=\boxed{100}[/tex]
Help help math math help help
Answer:
102 degrees below horizontal
Step-by-step explanation:
if the first angle is 78 degrees, the angle on the other side of the line is 102 degrees because a straight line is 180 degrees, and a box would have a total of 360 degrees in it
because the same line passes through both horizontal lines, the angle 3 is equal to the opposite angle to the 78
180-78 = 102
another way to look at it is that the 78 degrees is the same angle directly above angle 3 because the horizontal lines are parallel, and if it is 78 degrees, that makes the angle below it (angle 3) 102 degrees since a straight line must add to 180 degrees
Answer:
102
Step-by-step explanation:
pls help!ill give brainlest to the smartest!
Write five other iterated integrals that are equal to the given iterated integral. 8 0 x2 0 y f(x, y, z) dz dy dx 0
An iterated integral is the outcome of taking integrals toward a function of more than one variable in such a way that part of the variables is treated as constants for each of the integrals.
From the given parameters, we are to write out five iterations for a triple integral;
[tex]\mathbf{\int ^8_0\ \int^{x^2}_{0} \ \int^y_0 \ \ f(x, y, z) \ dz dy dx }[/tex]
where;
the region is bounded by 0 ≤ z ≤ y, 0 ≤ y ≤ x², 0 ≤ x ≤ 8.Thus, since x, y, z are functions of at least one variable, we can have the following iterations:
[tex]\mathbf{\int^{64}_{0} \ \int^{8}_{\sqrt{y}} \ \int^{y}_{0} \ \ f(x,y,z) dz dxdy}[/tex] [tex]\mathbf{\int^{64}_{0} \ \int^{y}_{0} \ \int^{8}_{\sqrt{y}} \ \ f(x,y,z)\ dxdzdy}[/tex] [tex]\mathbf{\int^{64}_{0} \ \int^{64}_{z} \ \int^{8}_{\sqrt{y}} \ \ f(x,y,z)\ dxdydz}[/tex] [tex]\mathbf{\int^{8}_{0} \ \int^{x^2}_{0} \ \int^{x^2}_{z} \ \ f(x,y,z)\ dydzdx}[/tex] [tex]\mathbf{\int^{64}_{0} \ \int^{8}_{\sqrt{z}} \ \int^{x^2}_{z} \ \ f(x,y,z)\ dydxdz}[/tex]Learn more about iterated integrals here:
https://brainly.com/question/7009095
6(2x + 4) = 3(4x + 8)
Please answer this!
Answer:
Infinitely many solutions
Step-by-step explanation:
6(2x + 4) = 3(4x + 8)
Distribute the 6
6 * 2x = 12x and 6 * 4 = 24
12x + 24 = 3(4x+8)
Distribute the 3
3 * 4x = 12x and 3 * 4 = 24
12x + 24 = 12x + 24
On both sides of the equal sign we have 12x + 24.
When both sides are equal there are infinitely many solutions.
2 procedimientos por favor
Answer:
184.8
Step-by-step explanation:
385/25×12
385÷25=15.4
15.4×12=184.8
Josh was issued a traffic ticket for speeding. The court cost
was $40 and he had to pay $10 for every mile per hour
over the speed limit. Determine how fast Josh was driving
if the speed limit was 65 mph and his fine was $110.
Answer:
72 mph
Step-by-step explanation:
i did this on achievemath3000 and 72 was the answer
General admission to the fair is $8.00, and rides cost $3.00 each.
Answer:
$24.00
Step-by-step explanation:
8x3=24
Select the correct answer from each drop-down menu. Identify the type of chart described and complete the sentence. A (blank) chart shows open and close prices and highs and lows, but over a long time period it can also show pricing (blank) .
Based on the information given, it can be deduced that the chart that is being described is the OHLC chart.
It should be noted that an open-high-low-close chart(OHLC) chart simply means a type of chart that's used to illustrate the movements in the price of a financial instrument for a particular period of time.
The vertical line on the chart illustrates the price range over a unit of time. It's useful in assessing volatility as it shows the full price range of the period.
Learn more about charts on:
https://brainly.com/question/14323743
Answer:
Candlestick & trends.
Step-by-step explanation: Got it correct on edmentum!
PLEASE HELPP MEE ASAPP!!
Answer:
Step-by-step explanation:
each zero of the function will have a factor of (x - x₀)
h(x) = a(x + 3)(x + 2)(x - 1)
h(x) = a(x + 3)(x² + x - 2)
h(x) = a(x³ + 4x² + x - 6)
or the third option works if a = 1
however this equation gives us the points (0, -6) and (-1. -4), so "a" must be -2
h(x) = -2x³ - 8x² - 2x + 12
to fit ALL of the given points as it fits the three zeros and also h(0) and h(-1) so I guess that is why the given group is a partial set of solution sets
If there are 10,000 people on a space ship and 7.5 potatoes grow out of 1 potato plant. How many potato plants are we going to need per person?
This can be answered by the equation 10,000 / 7.5 = 1,333.33, so we can round to 1,333.
Hope this helps!
Answer: 1333
Step-by-step explanation:
Graph the solution to the following system of inequalities.
-7x + 5y < -10
5x + 4y > 8
Then give the coordinates of one point in the solution set.
Graph attached
Solution is (1.6,0)At a vehicle dealership 5 cars are sold for 2 trucks. Last year the dealership sold 128 trucks how many cars did they sell?
Pls help this is the hardest one i have
The price of an item has risen to $136 today. Yesterday it was $80. Find the percentage increase.
well, the numeric difference will be 136 - 80 = 56, now, if we take 80 (original price) to be the 100%, what is 56 (the increase) in percentage off of it?
[tex]\begin{array}{ccll} amount&\%\\ \cline{1-2} 80&100\\ 56&x \end{array}\implies \cfrac{80}{56}=\cfrac{100}{x}\implies \cfrac{10}{7}=\cfrac{100}{x} \\\\\\ 10x=700\implies x = \cfrac{700}{10}\implies x = \stackrel{\%}{70}[/tex]
if you help me with this i’ll mark you brainlest if you are the first to answer.
Answer:
m∠1 = 97
m∠2 = 83
m∠3 = 97
m∠4 = 83
Answer:
m∠1 = 97°
m∠2 = 83°
m∠3 = 97°
m∠4 = 83°
Step-by-step explanation:
180 - 97 = 83°
180 - 83 = 97°
Find an equation for the line below
Answer:
y = 1/2x +7/2
Step-by-step explanation:
The two marked points are 2 units apart vertically, and 4 units apart horizontally. The slope of it is ...
m = rise/run = 2/4 = 1/2
The value of the y-intercept can be found from
b = y -mx . . . . . . where (x, y) is a point on the line
Using the point (-1, 3), we find the y-intercept to be ...
b = 3 -(1/2)(-1) = 3 1/2 = 7/2
Then the slope-intercept equation is ...
y = mx +b
y = 1/2x +7/2
Floretta, a pitcher, claims that her pitch speed is less than 46 miles per hour, on average. Several of her teammates do not believe her, so she decides to do a hypothesis test, at a 5% significance level, to persuade them. She throws 24 pitches. The mean speed of the sample pitches is 37 miles per hour. Floretta knows from experience that the standard deviation for her pitch speed is 5 miles per hour.
H0: μ≥46; Ha: μ<46
α=0.05 (significance level)
What is the test statistic (z-score) of this one-mean hypothesis test, rounded to two decimal places?
please help me on this, thank you
45 - 4 =41 and x is 20.5 or 20 1/2
Identify an equation in point-slope form for the line parallel to y = -
2/3x+8 that passes through (4, -5).
A. y-4=(x+5)
B. y+5=2/3 (x-4)
C. y+5 = 3/2(x-4)
D. y-5=-2/3(x + 4)
Don’t know the answer
Answer:
log a + 3 . log c - log b
Step-by-step explanation:
2nd option is the correct answer
Answer:
log a + 3 . log c - log b
Step-by-step explanation:
✌️❤️✌️
Name each polynomial by degree and number of terms .
1) -10x
2) -10r4- 8r2
3) 7
4)9a6 + 3a5 - 4a4 - 3a2 + 9
5)-3n3 + n2 - 10n + 9
6) 7x2 - 9x - 10
7) -4b
8) -9 + 7n3 - n2
Answer:
Polynomials are classified according to their number of terms. 4x3 +3y + 3x2 has three terms, -12zy has 1 term, and 15 - x2 has two terms. As already mentioned, a polynomial with 1 term is a monomial. A polynomial with two terms is a binomial, and a polynomial with three terms is a trinomial.
Which answer shows the correct solution for 6x + 19x - 4 = 5(5x + 4)?
No solution
Infinitely many
One solution
Answer:
No solution
Step-by-step explanation:
25x-4=5(5x+4)
Distributive Property= 25x-4=25x+20
Solve for x
-4=20
Not possible so no solution.
Answer:
A
Step-by-step explanation:
6x + 19x -4 = 5(5x+4)
6x + 19x -4 = 25x+20
6x + 19x- 25x = 20+4
Combine Like terms
0 = 20 +4
0 = 24
0 = 24 = No solution
Pls look at the picture for question.
Answer:
-5, -2, 3, 4
They are in the correct order already :)
Step-by-step explanation:
They greater a negative number is the less it becomes and positive numbers are always greater than negative ones.
Good luck :)
The total cost of producing a type of tractor is given by C(x)=11000−20x+0.02x2, where x is the number of tractors produced. How many tractors should be produced to incur minimum cost?
Answer:
Step-by-step explanation:
You need to complete the square.
C(x) = 0.02(x^2 - 1000x ...) + 11000
C(x) = 0.02 (x^2 - 1000x + 500^2) + 11000 - 5000
C(x) = 0.02 (x^2 - 1000x + 500^2) + 6000
C(x) = 0.02(x - 500)^2 + 6000
Now if you look at the answer you will find that the square is completed. That means that number of tractors you could produce is 500 at a cost of 6000
There is a flow to this question that you may have trouble understanding.
First of all the 500^2. That comes from taking 1/2 of 1000 and squaring it. That's what you need to complete the square.
Bur that is not what you have adding into the equation. Remember that there is a 0.02 in front of the brackets.
500^2 = 250000
0.02 * 250000 = 5000
So that number must be subtracted to make the square = 0. When you remove the brackets, you should get 11000 all in all.
So what you have outside the brackets is 11000 - 5000 = 6000
The rest is just standard for completing the square.
Sifu has 6 girls and 8 boys in his karate class. He randomly selects one student
to demonstrate a self-defense technique. Find the probability of each event
Answer:
half-class
Step-by-step explanation:
Answer:
42.86%
Step-by-step explanation:
Event = Girl
Therare 6 girls and 8 boys, which are thus 6+8 =14 students in total and thus there are 14 possible out comes.
# of possible outcomes = 14
There are 6 girls in the class and thus there are 6 favorable outcomes.
# of favorable outcomes = 6
The probability is the number of favorable outcomes divided by the number of possible outcomes.
P(Girl) = # of favorable outcomes
# of possible outcomes
= [tex]\frac{6}{14}[/tex]
= [tex]\frac{3}{7}[/tex]
≈ 0.4286
= 42.86%
Result
[tex]\frac{3}{7}[/tex] ≈ 0.4286 = 42.86%
look at this digram a. what fraction is shaded b. what percentage is shaded
Plz answer ASAP
I need help
Answer:
a:6÷9
b:0.666% are the answers
