Suppose a certain home improvement outlet knows that the monthly demand for framing studs is 2,500 when the price is $5.00 each but that the demand is 3,900 when the price is $4.44 each. Assuming that demand function is linear, write its equation. Use p for price (in dollars) and q for quantity.

Q: Suppose the demand for a certain brand of a product is given by D(p) = 96 + 150, where p is the…

A: The demand function D in terms of price p in dollars is given by Dp=-p296+150. Also, the price…

Q: Use the price-demand equation below to find E(p), the elasticity of demand. x= f(p) = 20,000 – 450p…

A: Given: Price-demand equation: x=f(p)=20,000-450p To find: E(p)

Q: Suppose that the supply function for honey is p=​S(q)=0.2q+2.2​, where p is the price in dollars…

A: Given supply function P=S(q)=0.2q+2.2 →         1    equilibrium prize=$4.40→            2    So…

Q: When the price, p, charged for a boat tour was $30, she number of passengers per week, N, was 600.…

A: To find out the demand curve N(p).

Q: If the demand equation for an item is D(x) = -5.0x + 80 and a supplier is willing to supply 10 items…

A: Given problem:- If the demand equation for an item is D(x) = -5.0x + 80 and a supplier is willing to…

Q: A large department store is prepared to buy 3,800 of your tie-dye shower curtains per month for $6…

A: Given, q1 = 3,800 per month when p1 = 6 dollars  and q2 =3650 per month when p2 =11 dollars Or, (p1,…

Q: If, in a monopoly market, the demand function for a product is  p = 170 − 0.80x  and the revenue…

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Q: Given the demand function D(p) = √325 - 2p, Find the Elasticity of Demand at a price of $17

A: We can find elasticity of demand .

Q: Use the price-demand equation below to find E(p), the elasticity of demand. x= f(p) = 9600 – 6p- ...…

A:

Q: Suppose that a company that makes sweatshirts has a linear demand function of qD = –13p + 500 and a…

A:

Q: When a wholesaler sold a product at $30 per unit, sales were 186 units per week. After a price…

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Q: price of a product is $42, and 56 units when the price is $23

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Q: A landscaping company charges $49 per cubic yard of mulch plus a delivery charge of $27. Find a…

A: Given A landscaping company charges  per cubic yard= $49 delivery charge =$27

Q: Suppose the demand for a certain item is given by D(p)=-2p2-5p+900, where p represents the price of…

A:

Q: Find the consumers' surplus at a price level of p = $150 for the price-demand equation below. p=…

A:

Q: During the 1950s the wholesale price for chicken for a country fell from 25¢ per pound to 14¢ per…

A: x=price  y=number of pounds two points are x1,y1=(25,23.5) x2,y2=14,29 the slope of the line is…

Q: Find the consumers' surplus at a price level of p = $130 for the price-demand equation below. p=…

A: p=400-0.02xat p =130130=400-0.02x0.02x=270x=2700.02=13500x=13500TE=px =130(13500)TE=1755000

Q: Assume that the linear cost and revenue models apply. An item costs $6 to make. If fixed costs are…

A:

Q: In some manufacture company, which sales certain product, the price function p and the cost function…

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Q: Use the price-demand equation below to find E(p), the elasticity of demand. x= f(p) = 80,000 – 900p…

A:

Q: For the demand equation, express the total revenue R as a function of the price p per item. q = −4p…

A: topic - functions and derivatives

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

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Q: Find the price that will maximize profit for the demand and cost functions, where p is the price, x…

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Q: Use the demand function x- 275 (1- 3p/5p+1)  to find the rate of change in a demand x for price p=$4

A: Consider the demand function x

Q: Suppose the supply per week for a product is 1254 units if the price per unit is $46 and 1518 units…

A: number of units/week supplied = 1254 price per unit $46 price per unit of 1518 units = 79$

Q: If the revenue function for a particular commodity is R(p) = −5 q(p) = -56p² + 62p, what is the…

A:

Q: Suppose that the price p​ (in dollars) and the weekly sales x​ (in thousands of​ units) of a certain…

A:

Q: Assume that the demand equation for tuna in a small coastal town is given by 80 p = q0.5 where p is…

A: The given data is: p=80q0.5  1. To find the marginal revenue function in terms of q

Q: Find the equilibrium point for the demand and supply functions D(p)=108 – 11p and S(p) = 70+8p. %3D

A:

Q: Find the equilibrium point for the demand and supply functions D(p)= 108 – 11p and S(p)= 70+8p.

A: Dp=108-11p & Sp=70+8p

Q: A. Assuming that the total cost per day, C(x), is linearly related to the total output per day, x,…

A: here given , A company is planning to manufacture snowboards. The fixed costs are $300 per day and…

Q: the revenue function for a particular commodity is  R(p) = −50p2 + 68p,  what is the (linear)…

A: We have to find

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: Find consumer's surplus at the market equilibrium point given that the demand function is p=V529 68x…

A:

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: When a wholesaler sold a product at $30 per unit, sales were 280 units per week. After a price…

A: The solution is given below:

Q: When a wholesaler sold a product at $40 per unit, sales were 270 units per week. After a price…

A:

Q: Assume it costs Microsoft $4,700 to manufacture 5 Xbox 360s and $7,650 to manufacture 10. Obtain the…

A: according to question, we have to assume it  costs Microsoft $4,700 to manufacture 5 Xbox 360s and…

Q: Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand…

A: Given: Supply: P = 2Q+20 Demand: P = 200-2Q2

Q: Assume that the linear cost and revenue models apply. An item costs $3 to make. If fixed costs are…

A: Revenue generated is the price which we get on selling an item . It consists of  (making cost +…

Q: During the 1950s the wholesale price for chicken for a country fell from 25¢ per pound to 14¢ per…

A:

Q: Use the price-demand equation below to find E(p), the elasticity of demand. x= f(p) = 15,000 -175p…

A:

Q: Suppose that a cell phone plan that is offered at a price of P dollars per month attracts C…

A: From C(1OO) = 1,000,000 and C(500) = 100,000. we get two coordinates (100,1000000) and (500, 100000)…

Q: If, in a monopoly market, the demand function for a product is p = 190 − 0.50x and the revenue…

A: Given, p = 190 − 0.50x and R = px

Q: given a demand equation p=(900+31x-x2)/2000 and a cost equation C=600+3x, find the marginal profit…

A: We have given

Q: If the demand function for math anxiety pills is p = D(x) = -5x + 59 and the corresponding supply…

A: solve the following

Q: When the price, p, charged for a boat tour was $30, the average number of passengers per week, N,…

A: Given query is to find the function for demand.

Q: Assume that the linear cost model applies. If the total cost of producing 1600 items at $15 each is…

A: here we want linear relation  for 1600 item cost for each is $15 1600*15 = $24000 so extra is 24410…

Q: Suppose that the demand function is p=90-3x and the cost function is C(x)=150 + 24x. Find the value…

A: Revenue function = R= px

Q: Use the price-demand equation below to find E(p), the elasticity of demand. x = f(p) = 9600 – 6p2…

A: