The supply for a particular item is given by the function s(x)=12+ 7X. Find the producers surplus if the equilibrium price of the unit is $96

Q: Find the equilibrium for the given supply and demand functions below. s(x) = x2 d(x) = (x - 7)2

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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: In this problem, p is in dollars and x is the number of units. Suppose that the supply function for…

A: Given: The supply function for a good is given by, p(x)=4x2+26x+3. If the equilibrium price is $171…

Q: In this problem, p is in dollars and x is the number of units. Suppose that the supply function for…

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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 supply function for a product is given by  p = q2 + 380,  and the demand is given by  p + q =…

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Q: The demand function for a product under pure competition is p = (64 - 4x)1/2  and the supply…

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Q: In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

A: The producer's surplus for a supply function g(x) at equilibrium is as follows. PS=p1x1-∫0x1gxdx

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

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Q: (a) Teddy J is a manufacturer of dish washing liquid . If his monthly demand function for 750ml size…

A: Given (a) Teddy J is a manufacturer of dish washing liquid . If his monthly demand function for…

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

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Q: If C(x) = 16,000 + 600x – 1.6x2 + 0.004x3 is the cost function and p(x) = 1,800 – 7x is the demand…

A: Given query is to find the production level where profit is maximum.

Q: The demand function and the supply function of a good are given by:D=14+5p-p² and S=3p -1. %3D Find…

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Q: Given: (x is number of items) 3125 Demand function: d(x) = Supply function: s(x) = 5,/¤ Find the…

A: Given that: Demand function, d(x)=3125xSupply function, s(x)=5x

Q: The demand for a particular item is given by the function D(a) 1, 300- 3x2 Find the consumer's…

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Q: Find the consumers surplus at a price level of p=$7 for the price -demand equation p=D(x)=25-0.4x.

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Q: The supply function of a form is given as p=x^2+4x+5. Find the Producer’s Surplus given that the…

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Q: The supply function for a product is 2p − q − 50 = 0, while the demand function for the same product…

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Q: Find the consumers' surplus at a price level of $8 for the price-demand equation p = D(x) – 0.05x

A: Solution is given below : Answer: 1440

Q: Given: (x is number of items) Demand function: d(x) = 500 – 0.4x Supply function: s(x) = 0.4x | Find…

A: Given: demand function : d(x)=500-0.4x supply function : s(x)=0.4x

Q: Given: (x is number of items) 2187 Demand function: d(x) Supply function: s(x) = 3/x Find the…

A: Please refer to the image below

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

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Q: For a particular commodity, the supply and demands functions are given by 600 S(g) = 10g, D(g): q+4…

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Q: Find producer's surplus at the market equilibrium point if the supply function is p = lq + 4 and the…

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Q: The supply function for a product is given by p = q2 + 320, and the demand is given by p + q = 430.…

A: We have to find

Q: The demand function for a product is  p = 112 − x2.  If the equilibrium price is $12 per unit, what…

A: Consumer's surplus= $1,152

Q: 1, Find the equilibrium point for the supply and demand functions below. Enter your answer as an…

A: we know that  the point where the demand and supply curve cross is called the equilibrium point  As…

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: In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

A: Demand function is:  p=100-x2 Supply function is: p=x2+6x+44

Q: If consumption is $6 billion when disposable income is $0, and if the marginal propensity to consume…

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

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Q: In this problem, p is in dollars and x is the number of units. Suppose that the supply function for…

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Q: Find the consumers' surplus at a price level of p= $120 for the price-demand equation below. p= D(x)…

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Q: Suppose the demand function D(x) = – 3x+7 and supply function S(x) =2x+2. Find consumer surplus at…

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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: suppose the supply function for a product is 2p - q - 20 = 0, while the demand function for the same…

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Q: In this problem, p is in dollars and x is the number of units. The demand function for a certain…

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Q: In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market…

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Q: Given: (x is number of items) Demand function: d(x) = 809.2 – 0.3x? Supply function: s(x) = 0.4x²…

A: As given above: Demand function is:  dx=809.2-0.3x2 Supply function is: sx=0.4x2 Now for equilibrium…

Q: Find the producer surplus for a commodity with a demand function p = 12 / x + 1 and a supply…

A: Given data- We have given the demand and supply functions. Demand function p = 12 / x + 1  Supply…

Q: A retailer has been selling 2000 tablet computers a week at $250 each. The marketing department…

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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: The supply function for a product is 2p – q - 30 = 0, while the demand function for the same product…

A: The supply and demand function are  2p-q-30=0              ⋯⋯1p+10 q+30=6000  ⋯⋯2   Substitute…

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

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Q: In this problem, p is in dollars and x is the number of units. Suppose that the supply function for…

A: given:- p = 4x^2 + 30x + 6.

Q: In this problem, p is in dollars and x is the number of units.Suppose that the supply function for a…

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Q: Find the equilibrium for the given supply and demand functions below. s(x) = x2 d(x) = (x - 7)2

A: Given: s(x)=x2             d(x)=(x-7)2We know that at equilibrium position Supply is equal to…

Q: Find the producers' surplus at a price level of p = $59 for the price-supply equation below. p= S(x)…

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Q: Given: (x is number of items) Demand function: d(x) = 200 – 0.5x Supply function: s(x) = 0.3x Find…

A: Given: (x is number of items) Demand function: d(x) = 200 - 0.50x Supply function: s(x)= 0.3x To…