A company finds that it can sell 120 items at a price of $490 each and sell 440 items at a price of $150 each. Assuming a linear demand equation what should they charge if they want to sell 340 of the items?

Q: A company produces a special new type of TV. The company has fixed costs of ​$452,000​, and it costs…

A: Let's find.

Q: A company produces a special new type of TV. The company has fixed costs of $496,000, and it costs…

A: Given query is to find the profit when price is $3600.

Q: The demand equation of a product and the total of production are given by p = 35 – 0.05x, C = 5x+…

A: To find the maximum profit.

Q: Suppose that the price-demand and the price-supply equations are given respectively by the…

A: The price-demand equation is p=Dx=40-0.2x and the price-supply equation is p=Sx=27.5+0.001x2. (a)…

Q: You have been hired as a marketing consultant to Johannesburg Burger Supply, Inc., and you wish to…

A: (a) It is given that, the price is set at $2 per burger the sales amount to $5000 per week, but when…

Q: company find that They can sell 180 items at a price of $440 each and sell 460 items at a price of…

A:

Q: The wholesale price for chicken in the United States fell from 25¢ per pound to 14¢ per pound, while…

A: The wholesale price for chicken in the United States fell from 25¢ per pound to 14¢ per pound, while…

Q: The following table shows worldwide sales of a certain type of cell phone and their average selling…

A: 1. Assume q be the demand of cell phone and p be the price of the cell phone. There are two points…

Q: Given cost and price (demand) functions C(q) =110q + 40,600 and p(q) = - 2.1q+ 900, what profit can…

A: The price for which an article is bought is called its cost price. The price at which an article is…

Q: In May 1991, Car and Driver described a Jaguar that sold for 980,000 dollars. Suppose that at that…

A:

Q: Suppose a certain outlet chain selling appliances has found that for one brand of home theater, the…

A:

Q: A company produces a special new type of TV. The company has fixed costs of $480,000, and it costs…

A:

Q: At a price of $4.65 per pound, the supply for cherries is 16,117 pounds, and the demand is 10,232…

A:

Q: A group of retailers will buy 112 televisions from a wholesaler if the price is $300 and 152 if the…

A:

Q: A company produces a special new type of TV. The company has fixed costs of $455,000, and it costs…

A:

Q: A large department store is prepared to buy 3,800 of your tie-dye shower curtains per month for $4…

A:

Q: The average ticket price for a concert at the opera house was $50. The average attendance was 4000.…

A: frame the problem on a simple graph . Then use the slope point formula to solve the problem.

Q: A company produces a special new type of TV. The company has fixed costs of $486,000, and it costs…

A:

Q: If the demand equation is D(x) = 180 - 6.3x and the supply equation is S(x) = 8.2x + 3, find the…

A: If the demand equation is D(x) = 180 - 6.3x and the supply equation is S(x) = 8.2x + 3, then we have…

Q: The demand equation for a monopolistʹs product is p = 200 - 0.98q, where p is the price per unit (in…

A: Given :Demand function: p=200-0.98qwhere p is the price per unitin dollors of producing q units.Cost…

Q: Suppose that the long-lasting light bulb supply equation is given by p = 1.04 q- 7.03 and that the…

A: At equilibrium quantity demanded is equal to quantity supplied.

Q: given the demand equation p=300-x/30 and cost equation C(x)=150,000+30x, find the marginal profit at…

A: Given Find out the revenue function using demand equation Revenue = p times x

Q: A real estate office handles an apartment complex with 60 units. When the rent per unit is $98 per…

A:

Q: Suppose that x thousand units of a commodity can be sold weekly when the price is p dollars per unit…

A: So this is related rates. We already have an equation relating the desire quantities to the known…

Q: At a price of $70 there is demand for 756 items and a supply of 350 items. At a price of $130 there…

A: According to the given information,

Q: Find the linear demand equation showing the number of guests q per night as a function of the cover…

A:

Q: It is known that the demand function for a good is shown by the equation P = - 5Q + 110 and the…

A: Given that, the demand function is px=-5Q+110 and the production cost is Cx=100+10Q+5Q2. Obtain the…

Q: At a price of $4.68 per pound, the supply for cherries is 16,186 pounds, and the demand is 10,295…

A:

Q: The manager of a large apartment complex knows from experience that 90 units will be occupied if the…

A: Given that the rent of the large appartment complex is 392 dollorsand taht will occupy 90 units and…

Q: Given the demand equation  4x + p − 40 = 0 and the supply equation 6x − p + 10 = 0,  where p is the…

A: Given the demand equation 4x + p − 40 = 0 and supply equation 6x − p + 10 = 0 For equilibrium…

Q: At a unit price of $350, the quantity demanded of a certain commodity is 79 pounds. If the unit…

A: Coordinates are (79, 350) and (37, 720)  Then we use two point formula to find the line

Q: When Megastore sells jumbo packages of toilet paper for $20 each, their sales are 5600 packages per…

A: Given that,   The piece (P) of toilet paper for each= $20   And total sales = 5600 packages per day.…

Q: Stutz Department Store will buy 10 pairs of sunglasses if the price is $89 per pair and 30 pairs if…

A: In this question, we need to find the market equilibrium point.

Q: The demand equation for a certain commodity is given by the following equation. 1 x² – 14x +588,…

A:

Q: A retail chain buys 1000 wireless speakers if the price is $190 and $2600 if the price is $110. A…

A: According to the given information, For demand function:

Q: A self-published author found that when she sold her debut novel, as an e-book, at a price of $3.99,…

A: Please see the explanation below

Q: If the demand equation for a product is p = 400 – q² and the supply equation is p= 20g + 10 then,…

A:

Q: At a price of $4.67 per pound, the supply for cherries is 16,273 pounds, and the demand is 10,391…

A:

Q: A company produces a special new type of TV. The company has fixed costs of $489,000, and it costs…

A:

Q: Question 1 At a price of $90 there is demand for 880 items and a supply of 540 items. At a price of…

A: Given that: At $90 price, demand is 880 items and suppy is 540 items.At $160 price, demand is 600…

Q: At a price of $4.72 per pound, the supply for cherries is 16,352 pounds, and the demand is 10,240…

A:

Q: If the demand function for a commodity is given by the equation p² + 5q = 200 and the supply…

A: In this problem we have to solve the both equations. So please find hand written solution.

Q: A company produces a special new type of TV. The company has fixed costs of ​$456,000​, and it costs…

A: Given: Data is given     Fixed cost = 456000    Variable cost= 1000

Q: Suppose a certain outlet chain selling appliances has found that for one brand of home theater, the…

A: Here we find linear function for demand.

Q: Calculate the consumers' surplus if the demand equation is p=20-2q1/3 and the unit price is set at…

A: Given, demand equation and unit price

Q: If the demand function for a commodity is given by the equation P^2+4q=1600 and the supply function…

A: Given, The demand function :   p2 + 4q = 1600  The supply function :     300 - p2 +2q = 0  We have…

Q: Given Cost and Price​ (demand) functions C(q)=100q+40000 and p(q)=−2.2q+900​, what profit can be…

A: Given query is to find the profit for the price of $550.

Q: If the demand function for a commodity is given by the equation                  p2 + 4q = 1400 and…

A: the demand function for a commodity is given by the equation  p2 + 4q = 1400 and the supply function…

Q: At a price of $4.76 per pound, the supply for cherries is 16,289 pounds, and the demand is 10,377…

A: Given- At a price of $4.76 per pound, the supply for cherries is 16,289 pounds, and the demand is…

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.