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12th Edition

Soo T. Tan

Publisher: Cengage Learning

ISBN: 9781337405782

Chapter 1.3, Problem 49E

Textbook Problem

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**SUPPLY FUNCTION FOR A DIGITAL RECORDER** Suppliers of a certain brand of digital voice recorders will make 10,000 available in the market if the unit price is $45. At a unit price of $50,20,000 units will be made available. Assuming the relationship between the unit price and the supplied is linear, derive the supply equation. Sketch the supply curve, and determine the quantity suppliers will make available when the unit price is $70.

To determine

The supply equation, the supply curve, and the quantity of digital voice recorder when the unit price is $

**Given:**

If the unit price is $

**Concept:**

**Calculation:**

let

If the value of

If the value of

Since supply equation is given linear, it’s graph is a staright line.

The slope of the required line is,

Use the point slope form of an equation of a line with the point

Finite Mathematics for the Managerial, Life, and Social Sciences

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What is a function? Give an example. b. 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CALIFORNIA EMISSIONS CAPS The California emissions...Ch. 1.3 - Erosion of the Middle Class The idea of a large,...Ch. 1.3 - U.S. AIRPLANE PASSENGER PROJECTIONS In a report...Ch. 1.3 - CELSIUS AND FAHRENHEIT TEMPERATURES The...Ch. 1.3 - CRICKET CHIRPING AND TEMPERATURE Entomologists...Ch. 1.3 - For each demand equation in Exercises 3740, where...Ch. 1.3 - For each demand equation in Exercises 3740, where...Ch. 1.3 - For each demand equation in Exercises 3740, where...Ch. 1.3 - For each demand equation in Exercises 3740, where...Ch. 1.3 - DEMAND FUNCTION FOR A COMMODITY At a unit price...Ch. 1.3 - DEMAND FUNCTION FOR AN MP3 PLAYER The quantity de-...Ch. 1.3 - DEMAND FUNCTION FOR A COMMODITY Assume that a...Ch. 1.3 - DEMAND FUNCTION FOR A SPORTS WATCH The demand...Ch. 1.3 - For each supply equation in Exercises 4548, where...Ch. 1.3 - For each supply equation in Exercises 45-48, where...Ch. 1.3 - For each supply equation in Exercises 45-48, where...Ch. 1.3 - For each supply equation in Exercises 45-48, where...Ch. 1.3 - 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ANNUAL SALES OF TWO PHARMACIES The annual sales of...Ch. 1.4 - LCDs VERSUS CRTs The global shipments of...Ch. 1.4 - DIGITAL VERSUS FILM CAMERAS The sales of digital...Ch. 1.4 - U.S. FINANCIAL TRANSACTIONS The percentage of U.S....Ch. 1.4 - BROADBAND VERSUS DIAL-UP The number of U.S....Ch. 1.4 - Income Inequality The share of aggregate income...Ch. 1.4 - For each pair of supply-and-demand equations in...Ch. 1.4 - For each pair of supply-and-demand equations in...Ch. 1.4 - For each pair of supply-and-demand equations in...Ch. 1.4 - For each pair of supply-and-demand equations in...Ch. 1.4 - EQUILIBRIUM QUANTITY AND PRICE FOR GPS NAVIGATORS...Ch. 1.4 - 27. 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The point P(a,0) lies on...Ch. 1.CRQ - Fill in the blanks. The distance between two...Ch. 1.CRQ - Fill in the blanks. An equation of a circle with...Ch. 1.CRQ - Fill in the blanks. a. If P1(x1,y1) and P2(x2,y2)...Ch. 1.CRQ - Fill in the blanks. If L1 and L2 are distinct...Ch. 1.CRQ - Fill in the blanks. a. An equation of the line...Ch. 1.CRQ - Fill in the blanks. a. The general form of an...Ch. 1.CRQ - Fill in the blanks. A linear function of the form...Ch. 1.CRQ - Fill in the blanks. a. A demand function expresses...Ch. 1.CRQ - Fill in the blanks. If R(x) and C(x) denote the...Ch. 1.CRQ - Fill in the blanks. The equilibrium quantity and...Ch. 1.CRE - In Exercises 14, find the distance between the two...Ch. 1.CRE - In Exercises 14, find the distance between the two...Ch. 1.CRE - In Exercises 14, find the distance between the two...Ch. 1.CRE - In Exercises 14, find the distance between the two...Ch. 1.CRE - 5. Does the point P(1,54) lie on the line 6x8y16=0...Ch. 1.CRE - In Exercises 611, find an equation of the line L...Ch. 1.CRE - In Exercises 611, find an equation of the line L...Ch. 1.CRE - In Exercises 611, find an equation of the line L...Ch. 1.CRE - In Exercises 611, find an equation of the line L...Ch. 1.CRE - In Exercises 611, find an equation of the line L...Ch. 1.CRE - In Exercises 611, find an equation of the line L...Ch. 1.CRE - Find an equation of the line with slope 12 and...Ch. 1.CRE - Find the slope and y-intercept of the line with...Ch. 1.CRE - Find an equation of the line passing through the...Ch. 1.CRE - Find an equation of the line passing through the...Ch. 1.CRE - Find an equation of the line passing through the...Ch. 1.CRE - Given that the point (2,4) lies on the line...Ch. 1.CRE - Find the constants m and b in the linear function...Ch. 1.CRE - In Exercises 19 and 20, sketch the graph of the...Ch. 1.CRE - In Exercises 19 and 20, sketch the graph of the...Ch. 1.CRE - SALES OF MP3 PLAYERS Sales of a certain brand of...Ch. 1.CRE - COMPANY SALES A companys total sales in millions...Ch. 1.CRE - Show that the triangle with vertices A(1,1),...Ch. 1.CRE - CLARKs RULE Clarks Rule is a method for...Ch. 1.CRE - LINEAR DEPRECIATION OF AN OFFICE BUILDING An...Ch. 1.CRE - LINEAR DEPRECIATION OF CONSTRUCTION MACHINERY In...Ch. 1.CRE - PROFIT FUNCTION FOR DISPOSABLE CAMERAS A company...Ch. 1.CRE - CYBER MONDAY SALES The amount in millions of...Ch. 1.CRE - WARNINGS ON CIGARETTE PACKAGES The following table...Ch. 1.CRE - DEMAND EQUATION FOR A COMPANY There is no demand...Ch. 1.CRE - SUPPLY EQUATION FOR BYCYCLES Bicycle suppliers...Ch. 1.CRE - DEMAND FOR EARBUD HEADPHONES The demand equation...Ch. 1.CRE - SUPPLY OF EARBUD HEADPHONES The supply equation...Ch. 1.CRE - In Exercises 34 and 35, find the point of...Ch. 1.CRE - In Exercises 34 and 35, find the point of...Ch. 1.CRE - BREAK-EVEN ANALYSIS The cost function and the...Ch. 1.CRE - MARKET EQUILIBRIUM Given the demand equation...Ch. 1.CRE - COLLEGE ADMISSIONS The accompanying data were...Ch. 1.CRE - MARKET EQUILIBRIUM FOR REFRIGERATORS The demand...Ch. 1.CRE - EQUILIBRIUM QUANTITY AND PRICE FOR EARBUD...Ch. 1.CRE - FEMALE LIFE EXPECTANCY The Census Bureau...Ch. 1.CRE - BOTTLED WATER CONSUMPTION The per-capita...Ch. 1.BMO - Plot the points A(2,1) and B(3,4) on the same set...Ch. 1.BMO - Find an equation of the line passing through the...Ch. 1.BMO - Let L be the line passing through the points (1,2)...Ch. 1.BMO - The monthly total revenue function and total cost...Ch. 1.BMO - Find the point of intersection of the lines 2x3y=2...Ch. 1.BMO - SALES COMPARISONS The annual sales of Best...

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Calculus: An Applied Approach (MindTap Course List)

Using Newton's Method In Exercises 7-16, use Newtons Method to approximate the zero(s) or the function. Continu...

Calculus of a Single Variable

Explain why the function is discontinuous at the given number a. Sketch the graph of the function. f(x)={1x+2if...

Calculus: Early Transcendentals

Another model for a growth function for a limited population is given by the Gompertz function, which is a solu...

Single Variable Calculus: Early Transcendentals

16. IQ test scores are standardized to produce a normal distribution with a mean of µ = 100 and a standard devi...

Statistics for The Behavioral Sciences (MindTap Course List)

If H is the Heaviside function defined in Example 1.5.6, prove, using Definition 2, that limt0 H(t) does not ex...

Single Variable Calculus

Think about it In Exercises 23-30 sketch the plane curve represented by the vector valued function and give the...

Calculus: Early Transcendental Functions

Simplify the expressions in Exercises 5764, given that x,y,z,a,b, and c are positive real numbers. (x+9)2

Finite Mathematics and Applied Calculus (MindTap Course List)

The accompanying comparative boxplot of gasoline vapor coefficients for vehicles in Detroit appeared in the art...

Probability and Statistics for Engineering and the Sciences

Explain in your own words what is meant by the equation limx2f(x)=5 Is it possible for this statement to be tru...

Single Variable Calculus: Early Transcendentals, Volume I

Carmen Gutierrez purchased a $75,000, 20-payment life insurance policy when she was 20 years old. She is now 30...

Contemporary Mathematics for Business & Consumers

For problems 27-54, simplify each of the numerical expressions. Objective 2 and 3 4(0.1)26(0.1)+0.7

Intermediate Algebra

Use a calculator to find each of the following. Round all answers to four places past the decimal point. tan421...

Trigonometry (MindTap Course List)

2340 Find an equation of the plane. The plane through the point (1,12,13) and parallel to the plane x+y+z=0

Calculus (MindTap Course List)

In Exercises 15 to 18, find the midpoint of the line segment P1P2-. P1=0,0,0 and P2=-6,4,14

Elementary Geometry For College Students, 7e

In each of the following problems, the binomial distribution will be used. Answers may vary slightly depending ...

Understanding Basic Statistics

Prove or disprove that the set of diagonal matrices of order over is closed with respect to matrix multiplicat...

Elements Of Modern Algebra

Fractional Exponents Factor the expression completely. Begin by factoring out the lowest power of each common f...

Precalculus: Mathematics for Calculus (Standalone Book)

In exercises 20 to 22, complete the missing statements/ reasons for each proof. Given: MNPQ on MQ Prove: MN+NP+...

Elementary Geometry for College Students

Find the curl of F(x, y, z) = (x2 + y2)i + (xz)j + (yz)k.
−zi + 2yj + xk
(z − x)i + (z − 2y)k
(x − z)i + 2xj + ...

Study Guide for Stewart's Multivariable Calculus, 8th

Which point x1, x2, x3, or x4, on the graph of y = f(x) is the best choice to serve as the point guaranteed by ...

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

The article Hospitals Dispute Medtronic Data on Wires (The Wall Street Journal, February 4, 2010) describes sev...

Introduction To Statistics And Data Analysis

Subtract each of the fractions in Exercises 7 through 9. Reduce to lowest terms where necessary. a. 58932 b. 78...

Mathematics For Machine Technology

Explain the distinction between naturalistic observation and participant observation, and describe the situatio...

Research Methods for the Behavioral Sciences (MindTap Course List)

Perform the operations and simplify. 8a2+ba+2b

College Algebra (MindTap Course List)

Cornu Spiral Consider the cornu spiral given by x(t)=0tcosu22du and y(t)=0tsinu22du. (a) Use a graphing utility...

Calculus (MindTap Course List)

Quality Associates, Inc. Quality Associates, Inc., a consulting firm, advises its clients about sampling and st...

Statistics for Business & Economics, Revised (MindTap Course List)

Finding a Generating CurveIn Exercises 3740, find an equation of a generating curve given the equation of its s...

Multivariable Calculus

According to a 2010 study conducted by the Toronto-based social media analytics firm Sysomos, 71% of all tweets...

STATISTICS F/BUSINESS+ECONOMICS-TEXT

Define the concept of internal validity and a threat to internal validity.

Research Methods for the Behavioral Sciences (MindTap Course List)