A producer wishes to determine the equilibrium price and quantity of his good in the market. He estimated the market demand and supply function as follows demand :P=q^2+13/2q+64 and supply: P= 10q^2-45/2q-164​

Answers

Answer 1

The equilibium price is 163.39 and the supply quantity is 150

He estimated the market demand and supply function as follows demand :P=q²+13/2q+64 and supply: P= 10q²-45/2q-164​

We need to find the equilibium price

The equilibrium price (EP) is the price where the demand for a product or service balances its supply. .

At equilibium price

Demand function = supply function

q²+13/2q+64 = 10q²-45/2q-164​

(10 - 1)q² - (45/2 + 13/2)q - (164 + 64) = 0

9q² - 29q - 228

q = 6.895 = 6.9

The equilibium price = 6.9² + (13/2)6.9 + 64

= 163.36

similarly putting the value of q in supply function we get supply quantity   ie 149.95 = 150

Therefore, the equilibium price is 163.39 and the supply quantity is 149.95 = 150

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Related Questions

GD 1 What can be concluded about a line that passes through the points (1.-2) and (4.-2)? Check all that apply.​

Answers

The conclusions for the given points  (1.-2) and (4.-2) are

(A) The slope is 0.

(B) The y-intercept is -2.

(D) The line is horizontal.

(E) The equation of the line is y = -2

Calculating the equation of a line:

The formula used to calculate the equation of the line passing through the points (x₁, y₁) with slope m is given by

=>  (y -y₁) = m(x - x₁)  

Where the formula for Slope is given by

=> m = (y₂ - y₁) /(x₂ - x₁)

Here we have

Given points  (1, -2) and (4, -2)  

Let us check each point one by one

(A) The slope is 0.

To find the slope of the line with given points using the formula

=> m = (y₂ - y₁) /(x₂ - x₁)

=> m = (-2 - (2)) /(4 - (-2)) = 0/6 = 0

∴ The slope of the line = 0

(B) The y-intercept is -2

To find the y-intercept calculate the equation line using the formula

=> (y -y₁) = m(x - x₁)  

=> [y - (-2) ] = 0 (x - 1)

=> y + 2 = 0

=> y = -2

On comparing with the slope-intercept form y = mx+c, we get

y-intercept = -2

∴ The y-intercept is -2.

(D) Here the line is in the form of y = a then the given line will be a Horizontal line.

(E) The equation of the line is y = -2

Therefore,

The conclusions for the given points  (1.-2) and (4.-2) is

(A) The slope is 0.

(B) The y-intercept is -2.

(D) The line is horizontal.

(E) The equation of the line is y = -2

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The complete question:

What can be concluded about a line that passes through the points (1, -2) and (4, -2) Check all that apply.

The slope is 0.

The y-intercept is -2.

The line is vertical.

The line is horizontal.

The line has no y-intercept.

The equation of the line is y = -2

Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year. You cost on each 3 pack is $29.95 and you sell them for $59.95. If your operating expenses for the year total $144,080, what are your Net Income and Net Profit Margin Percentage?

Answers

Your net income and Net profit margin percentage, given the cost of the pack of lenses, and your operating expenses are:

Net income - $95, 920Net profit margin percentage - 19.3%

How to find the net income?

To find the net income, first find the revenue:

= Number of packs x selling price

= 8, 000 x 59.95

= $479,600

The cost of goods sold is:

= Cost of lenses x number of lenses

= 29.95 x 8,000

= $239, 600

The net income is:
= Revenue - cost of goods sold - operating expenses

= 479, 600 - 239,600 - 144,080

= $95, 920

The net profit margin percentage is:

= Net income / total revenue

= 95, 920 / 497, 600

= 19.3%

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The vertices of a triangle are p(-1,4) Q (8,-3) and R(2,-6) Name the vertices of R y-x (PQR)

Answers

The reflection of the points P(-1, 4), Q(8, -3) and R(2, -6) across the line y = x are P'(1, -4), Q'(-8, 3) and R'(-2, 6).

First, let us understand the reflection of a point:

The reflection of a point or set of points across the line y = x results in a point or set of points whose coordinates are the interchange of the x-value and the y-value of the original point or set of points.

We are given:

The vertices of a triangle are P(-1, 4), Q(8, -3) and R(2, -6).

We need to find the reflection of the points across the line y = x.

So,

P(-1, 4) = P'(1, -4)

Q(8, -3) = Q'(-8, 3)

R(2, -6) = R'(-2, 6)

Thus, the reflection of the points P(-1, 4), Q(8, -3) and R(2, -6) across the line y = x are P'(1, -4), Q'(-8, 3) and R'(-2, 6).

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i am trouble finding out what 2(-4)

Answers

Answer:-8

Step-by-step explanation:

You are basically adding -4+(-4)

Answer:

Step-by-step explanation:

2(-4)

2 x -4

answer: -8

please help me solve this question

Answers

The function on the graph can't be a sin, then the correct option is:

y = A*cos(k*x) + C

Which equation matches the graph?

We know that the graph is either of the equation:

y = B*sin(k*x) - C

Or

y = A*cos(k*x) + C

Now, notice that there is a maximum at x = 0

And we also know that:

sin(0) = 0

cos(0) = 1

Then the option with the sin can be discarded, as it does not have a maximum at x = 0.

The correct option is:

y = A*cos(k*x) + C

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Make a list of all possible rational zeros of f(x)=5x^3+7x^2−81x+45, and then use this list to find all of the functions’ rational zeros, if any exist.

Rational Zero Candidates: ±
Rational Zeros:

Answers

The zeroes of the polynomial are x=3, x=-5 and x=3/5

What are Zeroes of the polynomial?

The locations where a polynomial becomes zero overall are known as the zeros of the polynomial. The term "zero polynomial" refers to a polynomial with a value of zero . The highest power of the variable x is referred to as a polynomial's degree. A linear polynomial is a polynomial with degree 1.

Given:

f(x)=5x³+7x²−81x+45.

let us take x= 3

5(27)+7(9)-81(3)+45

=135+63-243+45

= 243-243

=0

So, 3 is a root of polynomial and x-3 is factor of Polynomial.

Now, divide 5x³+7x²−81x+45 by x-3 we get 5x²+22x-15

Now, factorise 5x²+22x-15.

= 5x²+25x-3x-15

= 5x( x+ 5) - 3(x+ 5)

= (5x - 3)( x+ 5)

Then, x= 3/5 and 5

Hence, the zeroes of the polynomial are x=3, x=-5 and x=3/5

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Suppose that a particular medical procedure has a cost that is normally distributed with a mean of $19,800 and a standard deviation of $2900. What is the maximum cost that a patient would pay if he is in the lowest 4% of all paying patients?

Select one:
A) $24,875
B) $19,684
C) $14,725
D) $792

Answers

The maximum cost that a patient would pay if he is in the lowest 4% of all paying patients is C) $14,725.

How to calculate the cost?

Given that

mean = $19800

standard deviation = $2900

Using standard normal table ,

P(Z < z) = 4%

P(Z < z) = 0.04

P(Z < -1.75) = 0.04

z = -1.75

Using z-score formula,

x = z * standard deviation + mean

x = -1.75 * 2900 + 19800 = 14725

The maximum cost is $14725

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Shirley buys a piece of remnant fabric that is triangular in shape with a base length of 2 yd and a height measuring one half yd. If the fabric sells for $4.50 per square yard, how much does Shirley pay for the piece of fabric?

Answers

Answer:

the 2 x 0.5 triangle fabric piece cost $2.25

Step-by-step explanation:

Area of a triangle = 1/2 x base x heightbase: 2 yardsheight: 0.5 yards Area of fabric: 1/2 x 2 x 0.5 = 0.5 yards squared

Price per square yard: $4.50Actual price: $4.50 / 2 = $2.25

Nakeisha is a songwriter who collects royalties on her songs whenever they are played in a commercial or a movie. Nakeisha will earn $30 every time one of her songs is played in a commercial and she will earn $110 every time one of her songs is played in a movie. Nakeisha's songs were played on 2 more commercials than movies, and her total earnings on the royalties from all commercials and movies was $760. Write a system of equations that could be used to determine the number of commercials and the number of movies on which Nakeisha's songs were played. Define the variables that you use to write the system. Please help this is due tonight!!!

Answers

Answer:

z = 30x + 110y

x = y + 2

z = royalties

x = no of commercial

y = no of movies


What kind of relationship is expressed below?

5i+3=7

Answers

The relationship for the expressed value will be an equation, as there is equal sign in between the expression.

What is an equation?

Two or more expressions with an equal sign is called an equation.

As in given expressed value two expressions are equated with equal sign,

5i+3=7

Here, Left hand side is equal to Right hand side.

Also have Equal sign.

Whereas in expression, there will be no equal sign,

only - variables, operators and numeric values.

For Function, expression is equated to F(variable).

Hence, equation is the relationship for 5i+3=7.

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Danny’s home cost $350,000. If the federal government program for flood damage insurance covers only $150,000, what percent of the total value does this represent?

Answers

Amount of $150,000 represents 42.86% of $350,000.

What is Equation Modelling?

Equation modelling is the process of writing a mathematical verbal expression in the form of a mathematical expression for correct analysis, observations and results of the given problem.

We have Danny’s home cost $350,000. The federal government program for flood damage insurance covers only $150,000.

Assume that it represents [x%] percent of the total value. Then, we can write -

x = (150000/350000) x 100

x = 42.86%

Therefore, $150,000 represents 42.86% of $350,000.

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Turn into vertex form x^2= 9x-20

Answers

The vertex form of the given equation is (x - 9/2)² - 1/4

Vertex form

The general vertex form is written as

y = a (x - h)² + k

Where, a, h, and k are real numbers, where a ≠ 0.

And x and y are variables where (x, y) represents a points.

Given,

Here we have the equation x² = 9x - 20

Now, we have to convert this equation into vertex form.

In order to convert this into vertex form, first we have to rewrite the given equation as follows:

=> x² - 9x + 20 = 0

Here the coefficient of the x is 9, so now we divide this by 2 : 

=> 9 ÷ 2 = 9/2

And then we have to square it (9/2) ² then we get the value 81/4.

So we add and subtract 81/4, then we get,

=>  x² - 9x + 81/4 - 81/4 + 20 = 0

Now, we have to rewrite it as,

=> [x² - 9x + 81/4] + [-81/4 - 20]

When we simplify it then we get,

=> (x - 9/2)² - 1/4

Therefore, the vertex form of the equation is  (x - 9/2)² - 1/4.

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will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest will give brainiest

Answers

Answer:

28.26

Step-by-step explanation:

NO LINKS!! Please help me with this symmetry. Select all that apply. ​

Answers

We are looking for the functions which are symmetric with respect to the y-axis.

This should be an even function with the vertex on the y-axis.

All functions of odd degree or restricted domain or range are excluded:

Lines, cubic functions, square root or exponent functions.

Possible symmetric functions:

Quadratic, 4th degree etc., absolute value, circles with center on the y-axis.

See the attached. Those with red cross are excluded, with green mark are correct choices.

Answer:

[tex]y=-7x^2[/tex]

[tex]y=8x^2-3[/tex]

Step-by-step explanation:

Functions are symmetric with respect to the y-axis if for every point (a, b) on the graph, there is also a point (-a, b) on the graph:

f(x, y) = f(-x, y)

To determine if a graph is symmetric with respect to the y-axis, replace all the x's with (−x).  If the resultant expression is equivalent to the original expression, the graph is symmetric with respect to the y-axis.

Therefore, any function that includes the term will be symmetric with respect to the x-axis since (-x)² = x².

[tex]\begin{aligned}&\textsf{Given}: \quad& y&=-7x^2\\&\textsf{Replace $x$ for $(-x)$}: \quad& y&=-7(-x)^2\\&\textsf{Simplify}: \quad &y&=-7x^2\\\end{aligned}[/tex]

Therefore, since the resultant expression is equivalent to the original expression, it is symmetric with respect to the y-axis.

[tex]\begin{aligned}&\textsf{Given}: \quad& y&=8x^2-3\\&\textsf{Replace $x$ for $(-x)$}: \quad& y&=8(-x)^2-3\\&\textsf{Simplify}: \quad &y&=8x^2-3\\\end{aligned}[/tex]

Therefore, since the resultant expression is equivalent to the original expression, it is symmetric with respect to the y-axis.

What is the value of the expression m - when m = 3?
1/15
13/15
23/15

Answers

The value of the expression when m = 3 is 13/15. So option(2) is correct.

The equation is defined in its simplest form in algebra, the definition of an equation is a mathematical statement that shows that two mathematical expressions are equal. For instance, x + 3 = 4 is an equation, in which x + 3 and 4 are two expressions separated by an 'equal' sign.

Given the expression as shown below:

2/5 m - 1/3

If m is equal to 3, then the expression will be;

2/5(3) - 1/3

6/5 - 1/3

Find the LCM

6/5 - 1/3 = 3(6)-5/15

6/5 - 1/3 = 18-5/15

6/5 - 1/3 = 13/15

Therefore the value of the expression if m = 3 is 13/15

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On 1/31/Y1, Bailey Company leased a new machine from Sussex Corp. The following data relate to the lease transaction at its inception:

Lease term 10 years
Annual rental payable at beginning of each lease year $50,000
Useful life of machine 15 years
Implicit interest rate 10%
Present value of an annuity of 1 in advance for 10 periods at 10% 6.76
Present value of annuity of 1 in arrears for 10 periods at 10% 6.15
Fair value of the machine $400,000

The lease has no renewal option, the possession of the machine reverts to Sussex when the lease terminates, and the machine does have alternative uses. The first lease payment of $50,000 is paid at the inception of the lease. What is the amount of the first year's lease expense attributable to the interest component?

A. $0. It is an operating lease so there is no interest component.
B. $33,800
C. $25,750
D. $28,800

Answers

Answer:

the answer is 4

Step-by-step explanation:

the answer is 4


Write 375 as the product of prime factors.
Give your answer in index form.

Answers

Answer:

375=5^3 * 3

Step-by-step explanation:

375/5 = 75

75/5 = 15

15/5 = 3

3/3 = 1

QUESTION 1: In the clip, Danny Nguyen is all-in with A 7 against an opponent with A K+. The flop is
5 K 5. After this, the next two cards must both be sevens for Nguyen to win. Compute the probability
of this happening. NOTE: There are three sevens left in the deck and it is no longer a 52 card deck
because the cards shown are removed. Show all calculations in determining your answer

Answers

The probability is 0.00332.

From the given question,

Danny Nguyen has A 7 and opponent has A K+.

The flop is : 5 K 5

As there are two players playing the remaining cards in the deck will be (52 - 2 - 2 - 3 -1(burn)) = 44

For Nguyen to win he needs two of the three 7's left in the deck for turn and river.

For turn we have to select a 7 from the three 7's and for river we have to select a 7 of the remaining two 7's.

So the probability is

P = [tex]\frac{\binom{3}{1}}{\binom{43}{1}}*\frac{\binom{2}{1}}{\binom{41}{1}}[/tex]

P = 0.00332

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Question 30 of 50
The inequality x ≤ -2 would represent the values {-1, -2, -3}.

False

True

Answers

Answer:

False. -1 is more than -2, so the first value shows it is false.


Please help I was sick and missed out on class.Thank you

Answers

Answer:

Y= -1.67x + 0.67

Step-by-step explanation:

Hope this was ok

i thought of a two-digit number.the digits of my number are different. the units digit f my number is the tens digit raised to the third power. what is my number?

Answers

Answer:

28

Step-by-step explanation:

[tex] {2}^{3} = 8[/tex]

The units digit (8) is the tens digit (2) raised to the third power.

15) Set up an equation and solve using a FULL sentence.
Erlena has $250. She saves $75/month. Jabril has $400. He
saves $50/month. When will they have the same amount?
How much will each of them have at that time?

Answers

By 6 months both of them have same amount

Each of them have $700 at that 6 months.

What is an equation?

In French, an equation is defined as having one or more variables, whereas in English, an equation is any well-formed formula consisting of two expressions linked by an equals sign.

Unknowns are the variables for which the equation must be solved, and equation solutions are the values of the unknowns that satisfy the equality.

Given that, Erlena has $250 and she saves $75/month then,

The equation is,

250+75x

And also given that, Jabril has $400 and he saves $50/month then,

The equation is,

400+50x

250+75x=400+50x

150=25x

x=6

By 6 months they have same amount

250+75(6)=700

400+5(6)=700

They both have $700 at that 6 months

Therefore, By 6 months both of them have same amount

Each of them have $700 at that 6 months.

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Find the slope of the table below.

Answers

Answer: 10

Step-by-step explanation:

    To find the slope, we will take two points and find the change in y over change in x.

[tex]\displaystyle \frac{y_{2} -y_{1} }{x_{2} -x_{1} } = \frac{35-15}{3-1}=\frac{20}{2} =10[/tex]

    The slope of the table is 10.

Hey can someone please explain why you got the answer and how? Thank you so much!

Answers

Answer: 25.12 in

Step-by-step explanation:

The circumference of a circle with a diameter of [tex]d[/tex] is [tex]\pi d[/tex].

So, the circumference is [tex]8\pi \approx 25.12[/tex] in.

Complete the statement. The drawing is not to scale.

Answers

Answer:

The second option so 54 degrees.

Step-by-step explanation:

The line drawn on angle d in both spots indicates it's congruent so if one side is a number the other side is that same number so in this case, it's 54 degrees.

a waste bin is in the shape of a cylinder. the diameter of the base is 20cm and the height is 25cm. what is the volume of the bin. please help me with the answer.

Answers

Answer:

[tex]250\pi[/tex] cm³

Step-by-step explanation:

If the radius is 20 cm, the diameter is 10 cm.

Thus, the volume is [tex]\pi(10^2)(25)=250\pi[/tex] cm³.

What do you know about the relationship between lines a and b? justify your conclusion with a theorem or postulate

Answers

Answer:

last answer.

Step-by-step explanation:

First of all, how did you get the second answer?

Line a has to be perpendicular to Line b.

Perpendicular transversal theorem:

In a plane, if a line is perpendicular to one of two parallel lines , then it is perpendicular to the other line also.

In this case, a||c, and line b is perpendicular to line c.

We can therefore use perpendicular transversal theorem to state that line a is perpendicular to line b.

ABC is a straight line. The length AB is five times the length BC . AC= 90CM. Work out the length AB

Answers

Answer:

AB = 75cm

Step-by-step explanation:

Let BC equal x. Then AB is 5x because it is 5 times as long.

The whole length is 90, that was given.

Add the pieces, 5x and x, and set them equal to 90.

Solve the equation. See image. Last, calculate AB.

see image.

What is the quotient of 7.2x10^8 and 3.6x10^5 expressed in scientific notation

Answers

Answer:

2.0 x 10^3

Step-by-step explanation:

 7.2x10^8/3.6x10^5= 2000= 2.0 x 10^3

Solve the equation without using a calculator

[tex]\displaystyle\\3^\frac{x+2}{3x-4}-2\cdot3^\frac{5x-10}{3x-4}=7[/tex]

Answers

Answer:

x = 2

=========================

Rewrite

(5x - 10)/(3x - 4) = (6x - 8 - x - 2)/(3x - 4) = 2 - (x + 2)/(3x - 4)

Substitute

[tex]3^{(x + 2)/(3x - 4)} = t[/tex]

New equation

t - 2·9/t = 7t - 18/t = 7t² - 7t - 18 = 0t² - 9t + 2t - 18 = 0t(t - 9) + 2(t - 9) = 0(t - 9)(t + 2) = 0t - 9 = 0 and t + 2 = 0t = 9 and t = - 2 (excluded as the power of 3 can't be negative)

Substitute back

[tex]3^{(x + 2)/(3x - 4)} = 9[/tex][tex]3^{(x + 2)/(3x - 4)} = 3^2[/tex][tex](x + 2)/(3x - 4) = 2[/tex][tex]x + 2 = 6x - 8[/tex][tex]6x - x = 2 + 8[/tex][tex]5x = 10[/tex][tex]x = 2[/tex]

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