A retail chain buys 1000 wireless speakers if the price is $190 and $2600 if the price is $110. A wholesaler will supply 800 wireless speakers at $128 each and 2400 at $192 each. Assuming that the supply and demand functions are linear, find the market equilibrium price and market equilibrium quantity

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A: Let's find.

Q: The WMA Bus Lines offers sightseeing tours of Washington, D.C. One tour, priced at $7 per person,…

A: Given: Price at one person=$7             Average demand of about 1000 customers per week…

Q: If the supply and demand functions for a commodity are given by  p − q = 10  and  q(2p − 10) =…

A: Given supply and demand functions for a commodity are, p-q=10 and q(2p-10)=3600 Solve the equations…

Q: A study of a country's colleges and universities resulted in the demand equation q = 20,000 - 2p,…

A: Given Demand equation q = 20000-2p q = 7600+0.5p

Q: Stutz Department Store will buy 10 pairs of sunglasses if the price is $79 per pair and 30 pairs if…

A: NOTE: Refresh your page if you can't see any equations. . let x= number of pairs and y=price  first,…

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A: If x is the number of units and px is the price per unit, Then the revenue function is defined by…

Q: A certain retailers will buy 19 cordless phones from a supplier if the price is $28 each but only 22…

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Q: 124 if the price is $ 375. The wholesaler is willing to supply

A: In this question we will use basic of algebra i.e concept of demand and supply function. First we…

Q: A group of retailers will buy 96 televisions from a wholesaler if the price is $450 and 136 if the…

A: (q,p)=(445,100)   When the price will be $445, the quantity will be 100 televisions.

Q: Retailers will buy 45 Wi-Fi routers from a wholesaler if the price is $10 each but only 20 if the…

A: According to the given information, for demand function we have two coordinates, (10,45) and…

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: If the supply function for a commodity is p = q^2 + 7q + 16 and the demand function is p = -3q^2 +…

A: Given supply function  p = q2 + 7q + 16also demand function P = -3q2 + 5q + 436Now at market…

Q: The demand equation for the Drake GPS Navigator is  x + 4p − 444 = 0,  where x is the quantity…

A: NOTE: Refresh your page if you can't see any equations. . the demand equation is  . the supply…

Q: Suppose products A and B have demand and supply equations that are related to each other. If q, and…

A: given that demand equations of A and B : qA=5-pA+pB    -->(1) qB=22+pA-pB   -->(2) Supply…

Q: Stutz Department Store will buy 10 pairs of sunglasses if the price is $80 per pair and 30 pairs if…

A: As per our guidelines we are only supposed to solve first question in multiple questions so kindly…

Q: A study of a country's colleges and universities resulted in the demand equation q = 20,000 – 2p,…

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 study of a country's colleges and universities resulted in the demand equation q = 20,000 − 2p,…

A:

Q: Suppose the number of smart phones a manufacturer is willing to sell is given by y=25x-600 and the…

A: Consider the given information:

Q: In a super Store the supply and demand equations for a particular kind of coffee are given by…

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Q: At a price of $31.75, producers will provide 8 items, while at a price of $45.75, they will provide…

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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 market equilibrium of the following: Supply: p = q² + 13q – 451 - Demand: p = 369 – 8q -…

A: Solution

Q: The demand equation for the Drake GPS Navigator is  x + 4p − 1250 = 0,  where x is the quantity…

A: Given , denand equation , x+4p-1250=0           supply equation , x-21p+1000=0

Q: baseball team plays in a stadium that holds 48000 spectators. With the ticket price at $8 the…

A: Topic:- revenue function

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: Consider the provided question, According to the given question we make a table for supply and…

Q: A study of a country's colleges and universities resulted in the demand equation q = 20,000 – 2p,…

A: Given:     Demand equation q=20,000-2p                                   qd=20,000-2p…

Q: If the Supply function is   p= q2+8q+20  and the demand function is p=100-4q-q2  , find the Market…

A: Market equilibrium point is a point  where demand and supply are equal . Supply = demand .

Q: The demand equation for the Drake GPS Navigator is x + 4p − 1064 = 0, where x is the quantity…

A: Given the demand equation for the Drake GPS Navigator is, x+4p-1064=0  ⋯⋯(1) Where x is the quantity…

Q: A mobile phone provider charges $3.75 plus $0.15 per minute for overseas calls. (i) Write a linear…

A: A mobile phone provider charges $3.75 plus $0.15 per minute for overseas calls.   (i) Write a linear…

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: 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: A study of a country's colleges and universities resulted in the demand equation q = 20,000 − 2p,…

A:

Q: In 1995 town A had 500,000 people but this number had decreased to 425,000 by 2005. Town B had…

A: Given  The population of town A In 1995    -   500,000 in 2005    -   425,000 The population of town…

Q: Given the price-demand and price-supply equations below, find the producers' surplus at the…

A: Given that the price-demand and price-supply equations are Dx=p=15-0.15x2 and Sx=p=6+0.1x2. It is…

Q: Given the demand equation 7x + p − 40 = 0 and the supply equation 2x − p + 4 = 0,where p is the unit…

A:

Q: Retailers will buy 45 Wi-Fi routers from a wholesaler if the price is $10 each but only 20 if the…

A: We have to find the equilibrium point at which both the supply and demand functions met.

Q: In June 2001 the retail price of a 25-kilogram bag of cornmeal was $8 in Zambia; by December the…

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

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Q: A group of retailers will buy 88 televisions from a wholesaler if the price is $400 and 128 if the…

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Q: Both of the following Roof companies charge a service call fee and an hourly rate, for residential…

A: Given 1: Charges for Cahan's roof service, a 8 hour service costs $392 and 6 hour service costs…

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

A: At Demand Side Let Total price be Pd and quantity demanded to be Qd, then form a linear equation…

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: A group of retailers will buy 116 televisions from a wholesaler if the price is $300 and 156 if the…

A: Given - A group of retailers will buy 116 televisions from a wholesaler if the price is $300 and 156…

Q: The supply and demand for a product are given by  2p − q = 50 and pq = 1500 + 20q,  respectively.…

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Q: A tour guide charges a price of $600 per person for a jungle tour and typically 8 persons sign up…

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Q: The demand equation for a certain brand of GPS Navigator is x + 3p - 565 = 0, where x is the…

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Q: 4. Assume that consumers value a high quality piece of furniture at 5000 and a bad quality one at…

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Q: A study of a country's colleges and universities resulted in the demand equation q = 20,000 − 2p,…

A:

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.