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DEMAND FOR WIRELESS LOUDSPEAKERS The demand equation for the BWS Bluetooth wireless loudspeaker is p = − 0.05 x + 200 where x is the quantity demanded per month and p is the unit price in dollars. a. Sketch the graph of the demand curve. b. What is the highest price (theoretically) anyone would pay for a BWS wireless loudspeaker? c. What is the quantity demanded per month when the unit price is $ 100 ?

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Finite Mathematics for the Manager...

12th Edition
Soo T. Tan
Publisher: Cengage Learning
ISBN: 9781337405782

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Chapter
Section
BuyFindarrow_forward

Finite Mathematics for the Manager...

12th Edition
Soo T. Tan
Publisher: Cengage Learning
ISBN: 9781337405782
Chapter 1.3, Problem 51E
Textbook Problem
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DEMAND FOR WIRELESS LOUDSPEAKERS The demand equation for the BWS Bluetooth wireless loudspeaker is

p = 0.05 x + 200

where x is the quantity demanded per month and p is the unit price in dollars.

a. Sketch the graph of the demand curve.

b. What is the highest price (theoretically) anyone would pay for a BWS wireless loudspeaker?

c. What is the quantity demanded per month when the unit price is $ 100 ?

To determine

a)

To sketch:

The graph for the given demand equation.

Explanation of Solution

Given:

The demand equation for The BWS Bluetooth wireless loudspeaker is p=0.05x+200.

Approach:

The graph for the demand equation p=0.05x+200 for The BWS Bluetooth wireless loudspeaker is shown in the following figure (1)

To determine

(b)

The highest price for a BWS wireless loudspeaker.

To determine

(c)

The quantity demanded per month at a unit price of $100.

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Finite Mathematics for the Managerial, Life, and Social Sciences
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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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Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

Decompose 1x3+1 into partial fractions.

College Algebra (MindTap Course List)