answer please Q3. A market has the following supply and demand functions of a good.Identify the row with the correct information.P = 10 + Q .... (1)P = 20 – Q.... (2)Option Supply Demand EquilibriumFunction Function(2)(1)(2)(1)Quantity10А.(1)(2)(1)(2)В.10C.5D.5

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Answered: Q3. A market has the following supply…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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A private investment club has $200,000 earmarked for investment in stocks. To arrive at anacceptable overall level of risk, the stocks that management is considering have been classifiedinto three categories: high risk, medium risk, and low risk. Management estimates that high-riskstocks will have a rate of return of 15%/year; medium-risk stocks, 10%/year; and low-risk stocks,6%/year. The members have decided that the investment in low-risk stocks should be equal tothe sum of the investments in the stocks of the other two categories. Determine how much theclub should invest in each type of stock if the investment goal is to have a return of$20,000/year on the total investment. (Assume that all the money available for investment isinvested.)Note: Develop the linear system of equations from the above theory and solve the system byGauss Jordon Method.
Two pumps capable of delivering 100 hp to an agricultural application are being evaluated in a present economy study. The selected pump will only be utilized for one year, and it will have no market value at the end of the year. Pertinent data are summarized as given follows. If electric power costs $0.10 per kWh and the pump will be operated 4,000 hours per year, which pump should be chosen? Recall that 1 hp = 0.746 kW.
Suppose a manufacturer and its retailer face the problem of double marginalization described in my notes, Section 11.1. If the manufacturer sets the wholesale price equal to its marginal cost c and in addition, requires the retailer to pay a fraction α (between 0 and 1) of its profit. 4.a Write down the retailer’s profit maximization problem. Will this practice solve the double marginalization problem? (That is, will this practice maximize their joint profit?) 4.b Suppose the retailer is required to pay a fraction of α of its sales (i.e., total revenue). Write down the retailer’s profit maximization problem. Will this practice solve the double marginalization problem? I am posting chaper 11.1 notes below:
A manufacturing firm, Caleb Corp, produces and sells product in its home (US) market, and in a foreign market. There is inherent risk in the revenues collected from the foreign market due to volatility in the exchange rate. Under a benchmark strategy, all of the production takes place in the home country. The resulting expected profits for Caleb Corp are variable, due to variation in the exchange rate. As an approximation, the firm has estimated profits for five possible ranges of the exchange rate, with profit represented as a lottery, L= (.2, 150; .2, 200; .3, 220; .2,250; .1, 270) The probabilities are estimated probabilities for the different ranges. The outcomes in this lottery are the estimated final profit levels (not changes in profit). (a) Calculate the expected profit if the firm follows this benchmark strategy, i.e., E(L)
A manufacturing firm, Caleb Corp, produces and sells product in its home (US) market, and in a foreign market. There is inherent risk in the revenues collected from the foreign market due to volatility in the exchange rate. Under a benchmark strategy, all of the production takes place in the home country. The resulting expected profits for Caleb Corp are variable, due to variation in the exchange rate. As an approximation, the firm has estimated profits for five possible ranges of the exchange rate, with profit represented as a lottery, L= (.2, 150; .2, 200; .3, 220; .2,250; .1, 270) The probabilities are estimated probabilities for the different ranges. The outcomes in this lottery are the estimated final profit levels (not changes in profit). Now suppose the firm can also buy forward contracts on foreign currency to neutralize the effect of the exchange rate on profits. Assume that these provide complete hedging, but that it involves an additional cost, so that following the…
estimate the equilibrium and quantity of the market whose demand and supply functions are Pd=-(q+4)2+100 and Ps=(q+2)2 respectively
Estimate the equilibrium price and quantity of the market whose demand and supply functions are pd = −(q + 4)^2 + 100 and ps = (q + 2)^2 respectively.
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Suppose you have inherited K100,000 from your father-in-law that can be invested in a combination of only two stock portfolios, with the maximum investment allowed in either portfolio set at K75,000 . The first portfolio has an average rate of return of 10%, whereas the second has 20%. In terms of risk factors associated with these portfolios, the first has a risk rating of 4 (on a scale 0 to 10), and the second has 9. Since you wish to maximize your return, you will not accept an average rate of return below 12% or risk factor above 6. Formulate the linear programming model for the problem. How much should you invest in each portfolio? Solve the problem by simplex method.
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considering marketing a new product with a four-year life. Epica will need to install new equipment to manufacture the product. Epica has to choose between two machines both of which would be suitable.Machine 1 costs K460,000 to purchase and install, and will have a residual value of K20,000 at the end of four years. Machine 2 costs K630,000 to purchase and install, and has a residual value of K30,000 at the end of four years. Machine 2 takes slightly longer to install and commission, but once in operation it has slightly lower operating costs per unit, and will eventually produce more output.The following projections have been prepared of the cash flows from product sales and operating costs for the two machines: Machine 1 Machine 2 Sales K’000 Costs K’000 Sales K’000 Costs K’000 Year…

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Q3. A market has the following supply and demand functions of a goo Identify the row with the correct information. P = 10 + Q .... (1) P = 20 – Q..... (2) Option Supply Demand Equilibrium Quantity 10 Function Function |(1) (2) (1) (2) (2) (1) (2) (1) А. В. 10 С. 5 D. 5