The function of demand and supply of goods P = 14 - 2Q and P = 5 + 2Q. When against goods are taxed at t = 2 per unit, then calculate: a. The point of market equilibrium after tax.

Q: Given: (x is number of items) Demand function: d(x)=396.9−0.5x2 Supply function: s(x)=0.4x2 Find…

A: At equilibrium  demand and supply will be equal  Consumer surplus is the difference between the…

Q: Given: (x is number of items) Demand function: d(x) = 768.8 0.3x² Supply function: s(x) = 0.5x² -…

A: Given: (x is number of items) Demand function: d(x) = 768.8 - 0.3x² Supply function: s(x) = 0.5x²

Q: Given: (x is number of items) Demand function: d(x) = 500 – 0.6x Supply function: s(x) = 0.2x - Find…

A: Recall: Equilibrium Quantity: Equilibrium point occurs when the supply function and demand curve…

Q: Given: (x is number of items) Demand function: d(x) = 583.2 – 0.6x? Supply function: s(x) = 0.2x²…

A:

Q: Given: (x is number of items) Demand function: d(x) = 361 – Supply function: s(x) 0.4x? 0.6x Find…

A: a) As the demand function is d(x)=361-0.4x2 and supply function is s(x)=0.6x2 thus equate them and…

Q: Given: (x is number of items) Demand function: d(x) = 300 – 0.5x Supply function: s(x) = 0.3x Find…

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Q: The demand for watches is given by p = 7000 − 2q dollars,and the supply of watches is given by p =…

A:

Q: The demand for watched is given by p= 7000-2q dollars, and the supply of watches is given by p=…

A:

Q: Given: (x is number of items) 3042 Demand function: d(x) Supply function: s(x) = 2/x Find the…

A:

Q: Given: (g is number of items) Demand function: d(g) = 518.4- Supply function: s(q) = 0.6q %3D Find…

A: The equilibrium quantity defines when the demand function and supply functions are equal.

Q: Given a supply function S(q) = q² + 3q and demand function D(q) = 1968 – 4q, determine the price and…

A:

Q: The demand for watches is given by p = 7000 − 2q dollars, and the supply of watches is given by p =…

A:

Q: A baseball team plays in he stadium that holds 62000 spectators. With the ticket price at $12 the…

A: The objective is to find the demand function, p(x) where x is the number of spectators. Given: where…

Q: Q.5 (a) Retailers will buy 45 cordless phones from a wholesaler if the price is $10 each but only 20…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Given: (x is number of items) Demand function: d(x) = 961 –- 0.6x? Supply function: s(x) = 0.4x²…

A:

Q: Given: (x is number of items) Demand function: d(x) = 762.3 – 0.2x2 Supply function: s(r) = 0.52²…

A:

Q: The demand for watches is given by p = 7000 2q dollars, and the supply of watches is given by p…

A:

Q: The demand for watches is given by p = 7000 2q dollars, and the supply of watches is given by p =…

A: At the equilibrium point, the demand function and supply function must be equal.

Q: Given: (x is number of items) Demand function: d(x) = 264.6 – 0.2x? Supply function: s(x) = 0.4x?…

A:

Q: A baseball team plays in he stadium that holds 66000 spectators. With the ticket price at $12 the…

A: Given,          A baseball team plays in a stadium that holds 66000 spectators. With the ticket…

Q: A baseball team plays in he stadium that holds 54000 spectators. With the ticket price at $11 the…

A:

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

A:

Q: Given: (q is number of items) Demand function: d(q) = 230.4 – 0.3q? Supply function: s(q) = 0.6g?…

A: NOTE: Refresh your page if you can't see any equations. . the demand function is  and the supply…

Q: Given: (x is number of items) Demand function: d(x) = 841 -0.4x² Supply function: s(x) = 0.6x² Find…

A:

Q: Suppose that the supply function for honey is p​=S(q)=0.2q​+22, where p is the price in dollars for…

A: The supply function for honey is p​=S(q)=0.2q​+2.2 Where, p is the price in dollars for an ​8-oz…

Q: Given: (x is number of items) Demand function: d(x) = 202.5 – 0.6x? Supply function: s(x) = 0.3x²…

A:

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: Given: (x is number of items) Demand function: d(x) = 633.6 – 0.622 Supply function: s(x) = 0.52?…

A:

Q: The demand for watches is given by p = 7000 − 2q dollarsand the supply of watches is given by p =…

A:

Q: use the price-demand equation to find E(p), the elasticity of demand. x=f(p)=500-97p

A: Given,x = f (p)=500-97pIt is known that,

Q: Given: (q is number of items) Demand function: d(q) = 581.9 – 0.6g? Supply function: s(q) = 0.5q? |…

A: Given, the demand function dq=581.9-0.6q2, and supply function sq=0.5q2, therefore we have to find…

Q: The demand and supply functions for a commodity are given below p=D(q)=81e^-0.048q…

A:

Q: Given: (x is number of items) Demand function: d(x) = 716.8 – 0.22? Supply function: s(x) = 0.52²…

A:

Q: Find the producers' surplus if the supply function for pork bellies is given by the following. S(q)…

A:

Q: Given: (x is number of items) Demand function: d(x) = 720 – 0.6x² Supply function: s(x) = 0.2a² Find…

A: Given  x is number of items Demand function: d(x) = 720 - 0.6 x2 Supply function: s(x) = 0.2 x2

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: Given: (x is number of items) Demand function: d(x) = 1225 – 0.6a? Supply function: s(x) = 0.4a?…

A:

Q: Given: (x is number of items) Demand function: d(x) = 231.2 – 0.52? Supply function: s(x) = 0.3x?…

A:

Q: Given: (x is number of items) 4608 Demand function: d(x) Va 2 Vx Supply function: s(x) Find the…

A:

Q: Find the equilibrium price and equilibrium quantity for a product whose supply and demand functions…

A: Find the equilibrium price and equilibrium quantity for a product using supply and demand function.

Q: The function of demand and supply of goods P = 14 - 2Q and P = 5 + 2Q. When against goods are taxed…

A: The function of demand and supply of goods, P = 14 - 2 Q P = 5 + 2Q By adding these two eqautions…

Q: Given the demand function D(p)=√275−4p Find the Elasticity of Demand at a price of $12

A: The price elasticity of demand is the percent change in quantity demanded relative to a one percent…

Q: Given supply and demand functions D(q) = 49 – q² S(q) = 7q+ 5 determine the consumer surplus,…

A: Given, Dq=49-q2Sq=7q+5

Q: Given: (x is number of items) Demand function: d(x) = 300 Supply function: s(x) = 0.4x – 0.4x %3D…

A:

Q: Given: (x is number of items) Demand function: d(x) = 100 – 0.2x Supply function: s(x) = 0.6x - Find…

A:

Q: Given: (x is number of items) Demand function: d(x) = 450 – 0.3x? Supply function: s(x) = 0.2x² Find…

A:

Q: Given: (x is number of items) Demand function: d(x) = 300 – 0.3x Supply function: s(æ) = 0.5x %3D…

A: Given,

Q: For the given demand equation, differentiate implicitly to find dp/dx.  xp2 - xp + 8 =1 2x - p

A: Given equation is xp2-xp+8=1 Product rule of differentiation states that: ddxuv=vddxu-uddxv…

Q: For the following supply and demand functions, calculate a) the equilibrium point and b) the…

A: Given that Supply=x+8 Demand=360/(x+2) To find equilibrium points and the consumers surplus.

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.