A certain product has supply and demand function given by p=60q+200

Answers

Answer 1

The question is completed as thus:

p=5300 - 60q, respectively.

What price gives market​ equilibrium, and how many units are demanded and supplied at this​ price?

Answer:

The equilibrium price is $2750 and the equilibrium quantity is 42.5

Step-by-step explanation:

Give

Supply Function

[tex]p=60q+200[/tex]

Demand Function

[tex]p=5300 - 60q[/tex]

Required: Determine the equilibrium price and quantity

To do this, we equate both functions

[tex]p = p[/tex]

[tex]60q + 200 = 5300 - 60q[/tex]

Collect Like Terms

[tex]60q +60q = 5300 - 200[/tex]

[tex]120q = 5100[/tex]

Make q the subject

[tex]q = \frac{5100}{120}[/tex]

[tex]q = 42.5[/tex]

Substitute 42.5 for q in [tex]p=60q+200[/tex]

[tex]p = 60 * 42.5 + 200[/tex]

[tex]p = 2550 + 200[/tex]

[tex]p =2750[/tex]

Hence, the equilibrium price is $2750 and the equilibrium quantity is 42.5


Related Questions

HELPP ME PLEASE IM TAKING A EXAM

Answers

Answer: (x, y) --> (-y, x)

Step-by-step explanation:

A rotation of a polygon 90° counterclockwise or 270° clockwise would be translated from x, y to -y, x

Hope this helps!

Answer:

Last one

Step-by-step explanation:

Angel is comparing the price of shirts for summer camp at two
companies. Company A charges an initial fee of $50 and $12 per shirt.
Company B charges an initial fee of $10 and $15 per shirt. Evaluate the
expressions 50 + 12x and 10 + 15x for x = 40 to find the total cost to
print 40 shirts at each company. What is the difference in cost between
the companies?
Blank 1:

Answers

Answer:

Company A: $530; Company B: $610; Difference: $80

Step-by-step explanation:

Company A:

12(40) = 480 + 50 = 530

Company B:

15(40) = 600 + 10 = 610

Difference: 610 - 530 = 80

Hope this helped!

To solve the problem we will need to calculate cost of Shirts from Company A and Cost of shirts from Company B.

The difference in cost between the two companies is $80.

Given to us

Company A charges an initial fee of $50 and $12 per shirt, 50 + 12x,Company B charges an initial fee of $10 and $15 per shirt.  10 + 15x,

Cost of Shirt from Company A

Company A charges an initial fee of $50 and $12 per shirt, 50 + 12x.

given the number of shirt we need is 40, therefore,

Cost of Shirt from Company A = 50 + 12x

                                                   = 50 + 12(40)

                                                   = 50 + 480

                                                   = $530

Cost of Shirt from Company B

Company B charges an initial fee of $10 and $15 per shirt, 10 + 15x.

given the number of shirt we need is 40, therefore,

Cost of Shirt from Company B = 10 + 15x

                                                   = 10 + 15(40)

                                                   = 10 + 600

                                                   = $610

Difference in cost

the difference in cost between the two companies

= Cost of 40 Shirt in Company B - Cost of 40 Shirt in Company A

= $610 - $530

=$80

Hence, the difference in cost between the two companies is $80.

Learn more about Cost:

https://brainly.com/question/4557688

Can you please help me with this? I'm kinda confused.​

Answers

The answer is A and B. :)

please solve this problem.​

Answers

Answer:

a= 14^2 or 196

b= 48^2 or 2304

c= 50^2 or 2500

Step-by-step explanation:

Which pair of ratios will make a proportion?
A. 1/2 and 5/11 B. 1/2 and 5/10 C. 1/2 and 6/11 D. 1/2 and 4/7

Answers

B, as 5/10 simplifies down to 1/2

Answer:

its B

Step-by-step explanation:

uesday
Write 784,000 in each form,
Word:
Expanded

Answers

Standard: 784,000

Word: seven hundred eighty-four thousand

Expanded: (700,000) + (80,000) + (4,000)

for what value of x do the expressions 4x+3 and -2x-6 have the same value​

Answers

Answer:

x= -[tex]\frac{3}{2}[/tex]

Step-by-step explanation:

just equal both of the equations and solve for x

A car dealership increased the price of a certain car by 13%. The original price was $47400 what is the new price?

Answers

The answer would be 53,562. You would multiply 47400 by 1.13 to get your answer. Hope this helps!

jessica swim lesson was 1/2 of an hour long. 5/6 of the time was with instruction and rest of the time was spent doing streches and warming up own. what fraction of an hour was jessica with an instructor?

Answers

Answer: The fraction of an hour that Jessica was with an instructor was 5/12....

Step-by-step explanation:

1/2 X 5/6= 5/12

WILL MARK BRAINLIEST!

Answers

Answer:

Use the slope formula

m = (y₂ - y₁)/(x₂ - x₁)

Points A(a, b) and B(c, d)

m = (d - b)/(c - a)

Points A(-7, a) and B(c, d)

m = (d - a)/(c - (-7)) = (d - a)/(c + 7)

Please answer and I will brainliest you

No troll comments please or I will remove ur account :)

Answers

Answer:

The one the left Will most likely land on 5,6, and 1 and less likely to land on 2,3,and 4 and the one on the right you are more likely to land on all equally

Step-by-step explanation:

What is the value of x in the function f(x)=3/2x−4 when f(x)=5

Answers

i think that’s what you meant

help me please asap!!

Answers

Answer:

-1/2

Step-by-step explanation:

we know x=9

putting the value, we get,

-5/6(9) + 7

-15/2 + 7

-7.5 + 7

= -0.5

= -1/2

I got you the answer is - 1/2 and in decimal form its - 0.5.

Find all numbers whose absolute value is 3 . If there is more than one, separate them with commas. If there are no such numbers, click on "None".
(This is not negative 3)

Answers

Answer:

3, and -3

Step-by-step explanation:

Because absolute value is the distance away from zero, |3| and |-3| would both be 3 units away from 0. Be sure to have the negative on the inside if you're trying to make something positive, otherwise -|3| means that the absolute value of 3 would then become negative since the negative sign isn't a part of the absolute. hope this helps!

The numbers whose absolute values is 3 are : 3 and - 3

The absolute value of a number is the distance from zero a number is on the number line. Absolute values measures the distance from zero ignoring whether the distance is to the right or left of the number line.

Three units to the right of Zero = 3

Three units to left of Zero = -3

The absolute value of - 3 represented as |-3| = 3

Hence, The numbers whose distance from zero is 3 on the number line are : 3 and - 3

Learn more on absolute values of numbers : https://brainly.com/question/19420051

NEED HELP, QUICK MATH QUESTION!

Answers

Answer:

i think b or c

Step-by-step explanation:

i tryed sorry if they or one

wrong

Answer:

II and IV, so C

Step-by-step explanation:

five friends bought admission tickets to the museum and a box lunch. The cost of each admission ticket was 11.75$. Each box lunch was 5$. Write two equivalent expressions and then find the total cost.​

Answers

Answer:

83.75$

Step-by-step explanation:

(5×11.75)+5×(5)=?

5×(11.75+5)=? [DISTRIBUTIVE PROPERTY]

5×16.75=?

83.75

Yeah it’s 83.75$ .......

Solve the problem.
Two plumbers make house calls. One charges $90 for a visit plus $45 per hour of work. The other charges $65
per visit plus $55 per hour of work. For how many hours of work do the two plumbers charge the same? Help!!

Answers

The total cost for plumber number 1 expressed as a function of x is

c1(x)=45x+90

That is, the charge per hour times the number of hours plus the fixed charge for a visit.

Using the same pattern, write the function for the second plumber. Then set the two functions equal to each other and solve for

Answer:

what is the answer to 4 984

Hi if you know this pls answer it thank you!!

Answers

Answer: it is b

Step-by-step explanation: just count how many lines between x and x' to the right its positive to the left its negative

Hiii
SAWARASENAIII KIMI WA SHOJO NA NO? BOKU WA YARICHIN BICCHIII NO OSU DA YOOO AUUUUUUUUH

Answers

yes indeed its correct

sawarasenaikimiwa⛓shojonano ✨bökùwâÿariçhiñbįcchīńoosûdàyo

omg I LOVE THIS SONG

A120
B108
C135
D144

Please help me

Answers

Answer:

B - 108

Step-by-step explanation:

A regular pentagon is 540 degrees. Divide 540 by 5 (since there are five sides) which equals 108 degrees.

A) 120°,
since three of those z angles can be shown. That would be 360°.

WILL GIVE 30 POINTS TO WHOM EVER ANSWERS CORRECTLY
1.) Copy down the following problem in your math journal and solve. Remember to use your steps:

1. Write the formula you will use.

2. Plug in values for the variables.

3. Solve by isolating variable.

4. Box your answer.

Answers

Answer:

c

Step-by-step explanation:

The answer will be C hope this helps

I have no idea what to do any help is appreciated.

Answers

Answer:

C) x²-2x-15=0

Step-by-step explanation:

You could put both -3 and 5 in the equations to guess and check, but the better way is to use them to create the factors.  If -3 is a root, one of the factors must be (x+3).  If 5 is a root, the other factor must be (x-5).  

(x+3)(x-5)

x²-5x+3x-15=0

x²-2x-15=0

Step-by-step explanation:

x2+2x_15:1234589098988888

what is the answer to 10=4a

Answers

Answer:

5/2

Step-by-step explanation:

divide both sides by 4

Factorise:
1) 10x² + 5xy
2) 15xy + 3y²
3) 14x²y² + 7y

Answers

Answer:\

1) 5x ( 2x + y)

2) 3y(5x+ y)

3) 7y(2x^2y +1)

I hope im right!!

Question 1:
10x² + 5y

= 5(2x² + y)

Question 2:
15xy + 3y²

= 3y(5x + y)

Question 3:
14x²y² + 7y

= 7y(2x²y + 1)

What would be the length of OB' if segment OB, which is 18 cm long, was
dilated by a scale factor of 2/3 ?*
6 cm
12 cm
16 cm
36 cm

Answers

Answer:

it would be 12cm

Step-by-step explanation:

. La suma de 1/4 + 5/8 = *
cuál es la respuesta​

Answers

Answer:

La respuesta es 7/8

Step-by-step explanation:

HELP ASAP !!!!!

Find the products in simplest form.

Answers

Answer:

1. 5/42

2. 9/20

Step-by-step explanation:

(hope this helps!)

What point is the y intercept of the line represented by the equation 10x + 7y=70?

Answers

Answer:

(0,10)

Step-by-step explanation:

Answer:

I think it is c, (0,10)

Step-by-step explanation:

I copied the equation into demos graphing calculator, and (0,10) was the y - intercept.

You have less than three hours to finish your
homework. Which one of the following graphs
represents this situation?
A. A
+
1
+
2
4
3
o
5.
B.
+
1
2
3
4.
5
0
C.

+
1
3
4
5
0
2
+
D.
中 &
3
4
5
2
0
1
llant)

Answers

The answer for this problem mia 102

Find the area of the triangle with A = 35º, b = 11 feet, and c = 10 feet. Round to the nearest tenth.​

Answers

Answer:

31.5

Step-by-step explanation:

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