Pregunta 7 When the demand is then that means that the demand is sensitive to changes in price, that is, a percentage change in price produces a larger percentage change in demand. Esnacio en Blanco 1:

Q: If a linear function has the points (2, 1) and (6, 3) onits graph, what is the rate of change of the…

A: Given the linear function has the points (2,1) and (6,3). We need to find the rate of change of the…

Q: sing the data in test yourself question 1, if the price of X to consumers is $9, and the government…

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Q: A linear revenue function is R=40x   A)what is the slope? B)What is the marginal revenue? C)What…

A: Consider the linear revenue function R=40x. (a) The objective is to find the slope. (b) Find the…

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Q: If the revenue function for a particular commodity is R(p) = q(p) = Give a reason for your answer. R…

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Q: The estimated demand and supply curve for apples is displayed below. If the current price is…

A: Given the current price is $100 / ton . We have to find the demand and supply from the graph and…

Q: Suppose that the price p of a product and its demand x are related through the price-demand equation…

A: The price –demand equation is

Q: Use the price-demand equation to determine whether demand is elastic, inelastic, or has unit…

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Q: Example 17. The relation between a country’s import M and income y is given by 1 2 M = 10 + – · y…

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Q: The output of an economic system Q, subject to two inputs, such as labor Land capital K, is often…

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Q: Example 15. Find Average cost and Marginal cost, ifT=1000+ 100g – 10g? + q³.

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Q: According to the Association of American Railroads, Class I freight railroads are the line-haul…

A: The average rate of change per year in F from 2005 to 2007 is $4.2 billion/year.

Q: Sweatshirt Sales vs. Temperature 300 250 200 150 100 50 10 30 Temperature (°F) 20 40 50 Sweatshirts…

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Q: that when the price (P) for a round trip between demand and price; when price decreases, demand in-…

A: Solution: Lets take the Price P, for demand D, as: y=mx+c Thus the equation formed shall be, at…

Q: Approximately, what is the value of PG (present worth of arithmetic gradient) if G=55, n=12 years,…

A: "The cash flow series that either increases or decreases by a constant amount each period is known…

Q: R(q)= (20000/q^1.5)*q what is the marginal revenue ?

A: Given, function is

Q: 1. If you travel 100 miles in two hours, then your average speed for the trip is average speed =

A: Given : if you travel 100 mile in two hours then we have to find the average speed for the trip .

Q: The output of an economic system Q, subject to two inputs, such as labor L and capital K, is often…

A:

Q: If the revenue function for a particular commodity is  R(p) = −54p2 + 68p,  what is the (linear)…

A: The Solution Is given below.

Q: Many economists believe that a country's rate of inflation will rise if its unemployment rate Talls,…

A: If two factors are inversely proportional then the slope of the curve showing their relation must be…

Q: Tokio tracks the monthly balance of her investment in a newly opened bank in Palawan. Refer to the…

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Q: Approximately, what is the value of the total Present worth (where Ptotal= PA + PG) if G (arithmetic…

A: It is required to find approximated value of total Present worth where given: Annuity, A=500,…

Q: 11. Trụe or False If the average rate of change of a linear function 2 is then if y increases by 3,x…

A: For a function f(x) the average rate of change over an interval [a,b] is given by f(b)-f(a)b-a. The…

Q: Which table represents a situation with a rate of 2 4 8 change of 3? 12 18 24 3 5 12 15 17 -2 1 3 -6…

A: In the first table, we have, When, x = 3, then, y = 3x

Q: Two points on a linear demand function are ($24, 60,000) and ($32, 44,400). a) Determine the demand…

A: Given two points 24,60000 and 32,44400 (a) Demand function is given by…

Q: The table below contains price-demand and total cost data for the production of treadmills, where p…

A: Given information: The data represents the values of the variables x = annual demand of treadmills,…

Q: the demand function dr 592 9 (q +8) 2 (Simplify your answ

A: Is the quantity of a good that consumers are willing and able to purchase at various prices during a…

Q: A.) Calculate the Manginal revenue and Profit functions

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Q: d) Assume that the cost function is linear. Use the financial department's estimates to express the…

A: Answer (d)  Assume that the cost function is linear . We have to use the financial department's…

Q: How do you determine whether demand is inelastic?  elastic?  Describe what a corporation should do…

A: Let q = f (p), where q is the demand at a price p. Then, the elasticity of demand E is,

Q: A state legislature is debating two proposals for eliminating the annual budget deficits after 10…

A: Let f(x) represents the curve of proposal 1 and g(x) represents the curve of proposal 2. The graph…

Q: (2) The number of women in the workforce, based on data and projections from 1950 to 2050, can be…

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Q: What is the marginal robability of being a vegetarian? Nrite your answer in the form X.XX) High…

A: Solution:   High Cholesterol  No High Cholesterol  Total  Vegetarian     100 Vegan      100…

Q: . If you were to graph two quadratic functions on the same xy-plane, how many intersection points…

A: Given: Two quadratic equation. The given demand function is fx=0.02x-1002 and the given supply…

Q: Do flexible work schedules reduce the demand for resources? (a = 0.01). (Show your work in Excel)…

A: To test:H0:μd=0H1:μd>0where μd=μ1-μ2

Q: 2. Sales figures show a company that priced pens at $1 each, sold 1,960 pens per week. When they…

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Q: When a company offers a new product or service, they estimate how much of that product or service…

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Q: 9 ▪C (1) = 5 + 77 + 71 1 10 13

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Q: A manufacturer has been selling 1600 television sets a week at $510 each. A mark indicates that for…

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Q: We can use a linear function to describe air leaking from a balloon, but this is not, in fact, an…

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Q: d) Interpret the meanings of the marginal productivities from part (c). O A. Supposing that labor is…

A: A sport company has the following production functionfor a certain product,where p is the number of…

Q: For a particular commodity, the demand function is q = ÷ (400 – p*). a. Find ɛ when p = 6. Preview…

A: q=14(400 - p2)q = 100 -p24dqdp = -2p4 = -p2

Q: Is the demand elastic, inelastic, or unit elastic when q 10?

A: If elasticity of demand greater than 1 then it's elastic

Q: Suppose that q = f(p) is the demand curve for a product, where p is the selling price in dollars and…

A: Given:

Q: A retailer Sold 18o units of a product when the price was $30/unit, after a price increase of $5,…

A: We have to fund the cost at which the units to be sold to maximize the revenue.

Q: Given: x-y+1=0 is it a supply or a demand function? * demand function O supply function

A: Given x-y+1=0 is a supply or demand function

Q: Assume: the relationship between price and demand is linear • the cost function in linear Use your…

A: To calculate the marginal profit when the selling of toasters is 265 per week.

Q: Assume that the situation can be expressed as a linear cost function. Find the cost function in this…

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Q: A software entertainment company recently ran a holiday sale on its popular software program Using…

A: Let's find.

Q: Suppose the demand for a certain item is given by D(p) = -4p2+7p+2, where p represents the price of…

A: Explanation of the answer is as follows