Find the equilibrium point for a product D(a) = 50 4x and S(r) =15 + 5x Round only final answers to 2 decimal places. The equilibrium point (re, Pe) is (|
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- Find the equilibrium point for a product D(x)=16-.004X^2 and s(x)=.005X^2. Round only final answers to decimal places to two decimal places The equilibrium(xe,pe) is…The demand function for a product is p = (64 – 4x)1/2 and the supply function is p = x – 1. Find the equilibrium point. What is the consumer’s surplus? What is the producer’s surplus?B(Q) = 100 + 36Q – 4Q2 and C(Q) =80 + 12Q. What is N(Q)? What are the net benefits when Q = 1? Q = 5?Net benefits when Q = 1: $ Net benefits when Q = 5: $ Write out the equation for the marginal net benefits. What are the marginal net benefits when Q = 1? Q = 5? What level of Q maximizes net benefits? Q = At the value of Q that maximizes net benefits, what is the value of marginal net benefits? MNB =
- Suppose the demand for a product is given by p = −0.8q + 150 and the supply for the same product is given by p = 5.2q. Find the equilibrium point.Given the supply and demand functions of a given product QS is x2 + 14x + 22 and QD = -x2 - 10x = 150, determine 1. the equilibrium price 2. Equilibrium quantitya. find the equilibrium point (both the p and q) b. find new equilibrium point with a $0.40 tax imposed on the suplier (both p and q)
- A company produces x units of product A and y units of product B ( both in hundreds per month ). The monthly profit equation ( in thousands of dollars ) given by P ( x, y ) = -4x2 + 4xy - 3y2 + 4x + 10y + 81 A ) Find Px ( 1 , 3 ) and interpret the results. B ) How many of each product should be produced each month to maximize profit ? What is the maximum profit ?D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x)=(x−9)^2, S(x)=x^2+2x+41y'' - 6y' + 9y = x^-2(e^3x) using Methods of Variation of Parameters
- The supply function of a form is given as p=x^2+4x+5. Find the Producer’s Surplus given that the Equilibrium Price is p = 10The demand equation for a product is given by: 6pq+2p^2-q=170 a) show that dp/dq=-6q-4p/6p-1 b) find the elasticy when p=4 c) what type of elasticy? d) what will ahppem to revenue if there is a small price increase?The manager of a supermarket chain has studied the supply and demand for blueberries. She has determined that the demand for blueberries is given by p=8.7- 0.6q where is the quantity measured in hundreds of kilograms per month and is the price in dollars per 100g. The supply for blueberries is given by p= 0.2q-0.9 a) Find the equilibrium quantity and the equilibrium price for blueberries. b) Suppose the price of blueberries is $2.70 per 100g. Will there be a surplus or a shortage of blueberries?