The demand and supply curves for a product are given as q - 4p = - 22 q + 2p = 38. Enter the exact answers. (a) Find the consumer surplus at the equilibrium. Consumer surplus = $ i (b) Find the producer surplus at the equilibrium Producer surplus = $ i

Q: Suppose the quantity demanded, q, of a product when the price is p dollars is given by the equation…

A: The Demand function is given as , p=850-4q and supply function is p=6q

Q: A company produces computers. The demand equation for this computer is given by p(q) = - 5q + 6000.…

A: We have t find the number of units that needs to be produced for making the marginal revenue zero.

Q: A company produces computers. The demand equation for this computer is given by p(g) = - 5q + 6000.…

A:

Q: The supply function for a product is given by p = q2 + 380, and the demand is given by p + q = 800.…

A:

Q: An artist is planning to sell signed prints of her latest work. If 40 prints are offered for sale,…

A: Consider, Revenue in terms of prints produced 'x'   R(x) = x(600 - 5(x-40)) R(x) = 600x - 5x(x-40)…

Q: The demand and supply functions for Penn State ice hockey jerseys are: pd(x)- 106 - x p-stx) 3 - 20x…

A: Given:- The demand and supply functions for Penn State ice hockey jerseys are  P =d(x) =106-x2…

Q: The demand and supply curves for a product are given in terms of price, p, by q = 2500 - 20p and q =…

A: Given:The demand and supply curves for a product are given in terms of price, p, by

Q: The demand curve of a firm is p=1200 -21q and its total cost is c(q)=2q3 - 66q2 + 600q + 1000 where…

A: Given that, The demand curve of a firm is p=1200 -21q and its total cost is c(q)=2q3 - 66q2 + 600q +…

Q: The Catalog Store has data indicating that, when the price of a CD bookcase is $135, the demand…

A: topic -linear equations

Q: Suppose the supply-demand equations for a logo sweatshirt in a particular week are p-55-0.10q for…

A: Given: Demand function: p=55-0.10q   ……1   Supply function: p=25+0.20q   ……2

Q: A small company makes custom surfboards. They have found that if they sell the surfboards for $100…

A:

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Q: The demand equation for a certain commodity is given by the following equation. 1 2 x - 24x + 1728,…

A: Given: Demand equation for a certain commodity is p=112x2-24x+1728. We use the formula of quadratic…

Q: The demand equation for a certain commodity is given by the following equation. 1. -x- 6x + 108,…

A:

Q: The demand curve for a product is given by q = 160 – 2p and the supply curve is given by q = 3p - 60…

A: Given, Demand curve, d= 160-2p supply curve, s= 3p-60 At equilibrium, d=s => 160-2p = 3p-60 =>…

Q: A company produces a product which it sells for $55 per unit. Each unit costs the firm $23 in…

A: Given cost of production = $23 per unit

Q: Let  p= 1/40 q+4 be the supply equation for a manufacturer’s product and  p= -2/40 q +4 the demand…

A: Equilibrium point where demand function equal to supply function

Q: A cookie company can produce 500 cases of chocolate chip cookies a week at a total cost of $3,000…

A: Given that : A cookie company can produce 500 cases of chocolate chip cookies a week at a total cost…

Q: Consider a rectangle in the xy-plane, with corners at (0, 0), (a, 0), (0, b), and (a, b). If (a, b)…

A: Given A rectangle in the xy-plane, with corners at (0, 0), (a, 0), (0, b), and (a, b) and (a, b)…

Q: The demand equation for a monopolistʹs product is p = 200 - 0.98q, where p is the price per unit (in…

A: Given :Demand function: p=200-0.98qwhere p is the price per unitin dollors of producing q units.Cost…

Q: A company produces computers. The demand equation for this computer is given by p(q) = -5q+6000. the…

A: Given the demand functionp(q)=-5q+6000where q represents the number of units:total Revenue…

Q: Hi, please help me, thank you  If the supply and demand functions for a commodity are given  p -…

A:

Q: 6) For a production level of x units of a commodity, the cost function in dollars is C= 700x + 2100.…

A: As per our guidelines we are suppose to solve only first question. Kindly repost the other question…

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: The demand equation for a certain commodity is given by the following equation. 1 p = 12 10x + 300,…

A: we have been given the price function p(x)=112x2-10x+300 and we have to find the R(x) which we get…

Q: The supply and demand curves for a business dealing with wheat are p- 1.45 + 0,00014x p = (2.388 –…

A: Given supply curve is: p(x) = 1.45 + 0.00014x^2 Given demand curve is: q(x) = (2.388 - 0.007x)^2

Q: The demand equation for a certain commodity is given by the following equation. 1 p = x< - 10x +…

A: The demand equation for a certain commodity is p=112x2-10x+300 , 0≤x≤60 The Revenue function is…

Q: A piano manufacturer has a daily fixed cost of $1,700 and a marginal cost of $1,900 per piano. Find…

A: A variable cost is a corporate expense that changes in proportion to how much a company produces or…

Q: The demand curve of a manufacturer is p = 1200 - 3q, where p is the price in dollars per unit and q…

A: We have to calculate the amount of revenue that corresponds to the level of production which…

Q: Until recently, hamburgers at the city sports arena cost $1.60 each. The food concessionaire sold an…

A:

Q: The demand curve of a manufacturer is p = 1200 - 3q, where p is the price in dollars per unit and q…

A: Given problem:- The demand curve of a manufacturer is p = 1200-3q, where p is the price in dollars…

Q: The demand curve for a product is given by q= 120, 000 – 500p and the supply curve is given by q=…

A:

Q: A company produces computers. The demand equation for this computer is given by p(q) = - 5q + 6500.…

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Q: Please answer in complete solutions: Find the equilibrium price p and the equilibrium quantity x…

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Q: The demand equation for a certain commodity is given by the following equation. 1 x² – 14x +588,…

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Q: The price p (in dollars) and the quantity q sold of a certain product obey the demand Equation : q…

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Q: Good morning, may you please help me. Thank you  If the supply function for a commodity is  p = q2…

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Q: The supply function product is given by p = q^2 + 360 and the demand is given by p + q = 780. Find…

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Q: The Catalog Store has data indicating that, when the price of a CD bookcase is $138, the demand…

A: The Catalog Store has data indicating that, when the price of a CD bookcase is $138, the demand…

Q: A business has found that it can sell 670 items if it sets its price to $64.59. However, if it…

A:

Q: An artist is planning to sell signed prints of her latest work. If 50 prints are offered for sale,…

A: Given that       An artist is planning to sell signed prints of her latest work. If 50 prints are…

Q: 6) A company manufactures and sells x e-book readers per month. The monthly cost and price-demand…

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Q: The demand and supply functions for a certain brand of breath mints are demand (?) = −20? + 150 and…

A: Demand functionD(x)=-20x+150 Supply functionS(x)=80x-50When the breath mint market is in…

Q: ) You are provided with a supply curve and a demand curve, where p is the unit price for a items.…

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Q: Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an…

A: Given :           Cost function :                  To obtain cost function, add fixed cost and…

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

A:

Q: The demand equation for a certain commodity is given by the following equation. 1 p = x² – 6x + 108,…

A: Given the demand function for a certain commodity.                     p=112x2-6x+108, 0≤x≤36 Find…

Q: A company produces and sells a consumer product and is able to control the demand for the product by…

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Q: Suppose that the demand equation and the cost function are given by – p = 125 − 0.1q C(q) = 800 +…

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Q: The demand equation for the Drake GPS Navigator is  x + 4p − 480 = 0,  where x is the quantity…

A: Consider the provided question,Given demand and supply equation is,