BuyFindarrow_forward

Applied Calculus for the Manageria...

10th Edition
Soo T. Tan
ISBN: 9781285464640

Solutions

Chapter
Section
BuyFindarrow_forward

Applied Calculus for the Manageria...

10th Edition
Soo T. Tan
ISBN: 9781285464640
Textbook Problem

For each pair of supply and demand equations in Exercises 70-74, where x represents the quantity demanded in units of a thousand and p the unit price in dollars, find the equilibrium quantity and the equilibrium price.

72. p = 60 − 2x2 and p = x2 + 9x + 30

To determine
The equilibrium quantity and equilibrium price.

Explanation

Given:

The supply equation and demand equation is,

p=602x2andp=x2+9x+30

Where,

  • x represents the quantity supplied in units of a thousand.
  • p is unit price in dollars.

Calculation:

When the quantity produced is equal to the quantity demanded, the quantity is known as equilibrium quantity and the corresponding price is known as equilibrium price.

Equate the supply equation and demand equation to evaluate the equilibrium quantity.

602x2=x2+9x+30x2+9x+30+2x260=0(Add2x260bothsides)3x2+9x30=0

Factorize the equation to evaluate the value of x.

x2+3x10=0

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started
Sect-2.1 P-7ESect-2.1 P-8ESect-2.1 P-9ESect-2.1 P-10ESect-2.1 P-11ESect-2.1 P-12ESect-2.1 P-13ESect-2.1 P-14ESect-2.1 P-15ESect-2.1 P-16ESect-2.1 P-17ESect-2.1 P-18ESect-2.1 P-19ESect-2.1 P-20ESect-2.1 P-21ESect-2.1 P-22ESect-2.1 P-23ESect-2.1 P-24ESect-2.1 P-25ESect-2.1 P-26ESect-2.1 P-27ESect-2.1 P-28ESect-2.1 P-29ESect-2.1 P-30ESect-2.1 P-31ESect-2.1 P-32ESect-2.1 P-33ESect-2.1 P-34ESect-2.1 P-35ESect-2.1 P-36ESect-2.1 P-37ESect-2.1 P-38ESect-2.1 P-39ESect-2.1 P-40ESect-2.1 P-41ESect-2.1 P-42ESect-2.1 P-43ESect-2.1 P-44ESect-2.1 P-45ESect-2.1 P-46ESect-2.1 P-47ESect-2.1 P-48ESect-2.1 P-49ESect-2.1 P-50ESect-2.1 P-51ESect-2.1 P-52ESect-2.1 P-53ESect-2.1 P-54ESect-2.1 P-55ESect-2.1 P-56ESect-2.1 P-57ESect-2.1 P-58ESect-2.1 P-59ESect-2.1 P-60ESect-2.1 P-61ESect-2.1 P-62ESect-2.1 P-63ESect-2.1 P-64ESect-2.1 P-65ESect-2.1 P-66ESect-2.1 P-67ESect-2.1 P-68ESect-2.1 P-69ESect-2.1 P-71ESect-2.1 P-72ESect-2.1 P-73ESect-2.1 P-74ESect-2.1 P-75ESect-2.1 P-76ESect-2.1 P-77ESect-2.1 P-78ESect-2.1 P-79ESect-2.1 P-80ESect-2.1 P-81ESect-2.1 P-82ESect-2.1 P-83ESect-2.1 P-84ESect-2.1 P-85ESect-2.1 P-86ESect-2.1 P-87ESect-2.1 P-88ESect-2.1 P-89ESect-2.1 P-90ESect-2.1 P-91ESect-2.1 P-92ESect-2.1 P-93ESect-2.1 P-94ESect-2.1 P-95ESect-2.1 P-96ESect-2.1 P-97ESect-2.1 P-98ESect-2.1 P-1TESect-2.1 P-2TESect-2.1 P-3TESect-2.1 P-4TESect-2.1 P-5TESect-2.1 P-6TESect-2.1 P-7TESect-2.1 P-8TESect-2.1 P-9TESect-2.1 P-10TESect-2.1 P-11TESect-2.1 P-12TESect-2.1 P-13TESect-2.1 P-14TESect-2.1 P-15TESect-2.2 P-1CQSect-2.2 P-2CQSect-2.2 P-3CQSect-2.2 P-4CQSect-2.2 P-5CQSect-2.2 P-6CQSect-2.2 P-1ESect-2.2 P-2ESect-2.2 P-3ESect-2.2 P-4ESect-2.2 P-5ESect-2.2 P-6ESect-2.2 P-7ESect-2.2 P-8ESect-2.2 P-9ESect-2.2 P-10ESect-2.2 P-11ESect-2.2 P-12ESect-2.2 P-13ESect-2.2 P-14ESect-2.2 P-15ESect-2.2 P-16ESect-2.2 P-17ESect-2.2 P-18ESect-2.2 P-19ESect-2.2 P-20ESect-2.2 P-21ESect-2.2 P-22ESect-2.2 P-23ESect-2.2 P-24ESect-2.2 P-25ESect-2.2 P-26ESect-2.2 P-27ESect-2.2 P-28ESect-2.2 P-29ESect-2.2 P-30ESect-2.2 P-31ESect-2.2 P-32ESect-2.2 P-33ESect-2.2 P-34ESect-2.2 P-35ESect-2.2 P-36ESect-2.2 P-37ESect-2.2 P-38ESect-2.2 P-39ESect-2.2 P-40ESect-2.2 P-41ESect-2.2 P-42ESect-2.2 P-43ESect-2.2 P-44ESect-2.2 P-45ESect-2.2 P-46ESect-2.2 P-47ESect-2.2 P-48ESect-2.2 P-49ESect-2.2 P-50ESect-2.2 P-51ESect-2.2 P-52ESect-2.2 P-53ESect-2.2 P-54ESect-2.2 P-55ESect-2.2 P-56ESect-2.2 P-57ESect-2.2 P-58ESect-2.2 P-59ESect-2.2 P-60ESect-2.2 P-61ESect-2.2 P-62ESect-2.2 P-63ESect-2.2 P-64ESect-2.2 P-65ESect-2.2 P-66ESect-2.2 P-67ESect-2.2 P-68ESect-2.2 P-69ESect-2.2 P-70ESect-2.2 P-71ESect-2.2 P-72ESect-2.2 P-73ESect-2.2 P-74ESect-2.2 P-75ESect-2.2 P-76ESect-2.2 P-77ESect-2.2 P-78ESect-2.3 P-1CQSect-2.3 P-2CQSect-2.3 P-3CQSect-2.3 P-1ESect-2.3 P-2ESect-2.3 P-3ESect-2.3 P-4ESect-2.3 P-5ESect-2.3 P-6ESect-2.3 P-7ESect-2.3 P-8ESect-2.3 P-9ESect-2.3 P-10ESect-2.3 P-11ESect-2.3 P-12ESect-2.3 P-13ESect-2.3 P-14ESect-2.3 P-15ESect-2.3 P-16ESect-2.3 P-17ESect-2.3 P-18ESect-2.3 P-19ESect-2.3 P-20ESect-2.3 P-21ESect-2.3 P-22ESect-2.3 P-23ESect-2.3 P-24ESect-2.3 P-25ESect-2.3 P-26ESect-2.3 P-27ESect-2.3 P-28ESect-2.3 P-29ESect-2.3 P-30ESect-2.3 P-31ESect-2.3 P-32ESect-2.3 P-33ESect-2.3 P-34ESect-2.3 P-35ESect-2.3 P-36ESect-2.3 P-37ESect-2.3 P-38ESect-2.3 P-39ESect-2.3 P-40ESect-2.3 P-41ESect-2.3 P-42ESect-2.3 P-43ESect-2.3 P-44ESect-2.3 P-45ESect-2.3 P-46ESect-2.3 P-47ESect-2.3 P-48ESect-2.3 P-49ESect-2.3 P-50ESect-2.3 P-51ESect-2.3 P-52ESect-2.3 P-53ESect-2.3 P-54ESect-2.3 P-55ESect-2.3 P-56ESect-2.3 P-57ESect-2.3 P-58ESect-2.3 P-59ESect-2.3 P-60ESect-2.3 P-61ESect-2.3 P-62ESect-2.3 P-63ESect-2.3 P-64ESect-2.3 P-65ESect-2.3 P-66ESect-2.3 P-67ESect-2.3 P-68ESect-2.3 P-69ESect-2.3 P-70ESect-2.3 P-71ESect-2.3 P-72ESect-2.3 P-73ESect-2.3 P-74ESect-2.3 P-75ESect-2.3 P-76ESect-2.3 P-77ESect-2.3 P-78ESect-2.3 P-79ESect-2.3 P-80ESect-2.3 P-81ESect-2.3 P-82ESect-2.3 P-83ESect-2.3 P-84ESect-2.3 P-85ESect-2.3 P-86ESect-2.3 P-87ESect-2.3 P-88ESect-2.3 P-1TESect-2.3 P-2TESect-2.3 P-3TESect-2.3 P-4TESect-2.3 P-5TESect-2.3 P-6TESect-2.3 P-7TESect-2.3 P-8TESect-2.3 P-9TESect-2.3 P-10TESect-2.3 P-11TESect-2.3 P-12TESect-2.3 P-13TESect-2.3 P-14TESect-2.3 P-15TESect-2.3 P-16TESect-2.3 P-17TESect-2.3 P-18TESect-2.3 P-19TESect-2.3 P-20TESect-2.4 P-1CQSect-2.4 P-2CQSect-2.4 P-3CQSect-2.4 P-4CQSect-2.4 P-5CQSect-2.4 P-1ESect-2.4 P-2ESect-2.4 P-3ESect-2.4 P-4ESect-2.4 P-5ESect-2.4 P-6ESect-2.4 P-7ESect-2.4 P-8ESect-2.4 P-9ESect-2.4 P-10ESect-2.4 P-11ESect-2.4 P-12ESect-2.4 P-13ESect-2.4 P-14ESect-2.4 P-15ESect-2.4 P-16ESect-2.4 P-17ESect-2.4 P-18ESect-2.4 P-19ESect-2.4 P-20ESect-2.4 P-21ESect-2.4 P-22ESect-2.4 P-23ESect-2.4 P-24ESect-2.4 P-25ESect-2.4 P-26ESect-2.4 P-27ESect-2.4 P-28ESect-2.4 P-29ESect-2.4 P-30ESect-2.4 P-31ESect-2.4 P-32ESect-2.4 P-33ESect-2.4 P-34ESect-2.4 P-35ESect-2.4 P-36ESect-2.4 P-37ESect-2.4 P-38ESect-2.4 P-39ESect-2.4 P-40ESect-2.4 P-41ESect-2.4 P-42ESect-2.4 P-43ESect-2.4 P-44ESect-2.4 P-45ESect-2.4 P-46ESect-2.4 P-47ESect-2.4 P-48ESect-2.4 P-49ESect-2.4 P-50ESect-2.4 P-51ESect-2.4 P-52ESect-2.4 P-53ESect-2.4 P-54ESect-2.4 P-55ESect-2.4 P-56ESect-2.4 P-57ESect-2.4 P-58ESect-2.4 P-59ESect-2.4 P-60ESect-2.4 P-61ESect-2.4 P-62ESect-2.4 P-63ESect-2.4 P-64ESect-2.4 P-65ESect-2.4 P-66ESect-2.4 P-67ESect-2.4 P-68ESect-2.4 P-69ESect-2.4 P-70ESect-2.4 P-71ESect-2.4 P-72ESect-2.4 P-73ESect-2.4 P-74ESect-2.4 P-75ESect-2.4 P-76ESect-2.4 P-77ESect-2.4 P-78ESect-2.4 P-79ESect-2.4 P-80ESect-2.4 P-81ESect-2.4 P-82ESect-2.4 P-83ESect-2.4 P-84ESect-2.4 P-85ESect-2.4 P-86ESect-2.4 P-87ESect-2.4 P-88ESect-2.4 P-89ESect-2.4 P-90ESect-2.4 P-91ESect-2.4 P-92ESect-2.4 P-93ESect-2.4 P-94ESect-2.4 P-95ESect-2.4 P-96ESect-2.4 P-97ESect-2.4 P-98ESect-2.4 P-1TESect-2.4 P-2TESect-2.4 P-3TESect-2.4 P-4TESect-2.4 P-5TESect-2.4 P-6TESect-2.4 P-7TESect-2.4 P-8TESect-2.4 P-9TESect-2.4 P-10TESect-2.4 P-11TESect-2.4 P-12TESect-2.5 P-1CQSect-2.5 P-2CQSect-2.5 P-3CQSect-2.5 P-4CQSect-2.5 P-5CQSect-2.5 P-6CQSect-2.5 P-1ESect-2.5 P-2ESect-2.5 P-3ESect-2.5 P-4ESect-2.5 P-5ESect-2.5 P-6ESect-2.5 P-7ESect-2.5 P-8ESect-2.5 P-9ESect-2.5 P-10ESect-2.5 P-11ESect-2.5 P-12ESect-2.5 P-13ESect-2.5 P-14ESect-2.5 P-15ESect-2.5 P-16ESect-2.5 P-17ESect-2.5 P-18ESect-2.5 P-19ESect-2.5 P-20ESect-2.5 P-21ESect-2.5 P-22ESect-2.5 P-23ESect-2.5 P-24ESect-2.5 P-25ESect-2.5 P-26ESect-2.5 P-27ESect-2.5 P-28ESect-2.5 P-29ESect-2.5 P-30ESect-2.5 P-31ESect-2.5 P-32ESect-2.5 P-33ESect-2.5 P-34ESect-2.5 P-35ESect-2.5 P-36ESect-2.5 P-37ESect-2.5 P-38ESect-2.5 P-39ESect-2.5 P-40ESect-2.5 P-41ESect-2.5 P-42ESect-2.5 P-43ESect-2.5 P-44ESect-2.5 P-45ESect-2.5 P-46ESect-2.5 P-47ESect-2.5 P-48ESect-2.5 P-49ESect-2.5 P-50ESect-2.5 P-51ESect-2.5 P-52ESect-2.5 P-53ESect-2.5 P-54ESect-2.5 P-55ESect-2.5 P-56ESect-2.5 P-57ESect-2.5 P-58ESect-2.5 P-59ESect-2.5 P-60ESect-2.5 P-61ESect-2.5 P-62ESect-2.5 P-63ESect-2.5 P-64ESect-2.5 P-65ESect-2.5 P-66ESect-2.5 P-67ESect-2.5 P-68ESect-2.5 P-69ESect-2.5 P-70ESect-2.5 P-71ESect-2.5 P-72ESect-2.5 P-73ESect-2.5 P-74ESect-2.5 P-75ESect-2.5 P-76ESect-2.5 P-77ESect-2.5 P-78ESect-2.5 P-79ESect-2.5 P-80ESect-2.5 P-81ESect-2.5 P-82ESect-2.5 P-83ESect-2.5 P-84ESect-2.5 P-85ESect-2.5 P-86ESect-2.5 P-87ESect-2.5 P-88ESect-2.5 P-89ESect-2.5 P-90ESect-2.5 P-91ESect-2.5 P-92ESect-2.5 P-93ESect-2.5 P-94ESect-2.5 P-95ESect-2.5 P-96ESect-2.5 P-97ESect-2.5 P-98ESect-2.5 P-99ESect-2.5 P-100ESect-2.5 P-101ESect-2.5 P-102ESect-2.5 P-1TESect-2.5 P-2TESect-2.5 P-3TESect-2.5 P-4TESect-2.5 P-5TESect-2.5 P-6TESect-2.5 P-7TESect-2.5 P-8TESect-2.5 P-9TESect-2.5 P-10TESect-2.5 P-11TESect-2.5 P-12TESect-2.6 P-1CQSect-2.6 P-2CQSect-2.6 P-3CQSect-2.6 P-4CQSect-2.6 P-5CQSect-2.6 P-6CQSect-2.6 P-1ESect-2.6 P-2ESect-2.6 P-3ESect-2.6 P-4ESect-2.6 P-5ESect-2.6 P-6ESect-2.6 P-7ESect-2.6 P-8ESect-2.6 P-9ESect-2.6 P-10ESect-2.6 P-11ESect-2.6 P-12ESect-2.6 P-13ESect-2.6 P-14ESect-2.6 P-15ESect-2.6 P-16ESect-2.6 P-17ESect-2.6 P-18ESect-2.6 P-19ESect-2.6 P-20ESect-2.6 P-21ESect-2.6 P-22ESect-2.6 P-23ESect-2.6 P-26ESect-2.6 P-27ESect-2.6 P-28ESect-2.6 P-29ESect-2.6 P-30ESect-2.6 P-31ESect-2.6 P-32ESect-2.6 P-33ESect-2.6 P-34ESect-2.6 P-35ESect-2.6 P-36ESect-2.6 P-37ESect-2.6 P-38ESect-2.6 P-39ESect-2.6 P-40ESect-2.6 P-41ESect-2.6 P-42ESect-2.6 P-43ESect-2.6 P-44ESect-2.6 P-45ESect-2.6 P-46ESect-2.6 P-47ESect-2.6 P-48ESect-2.6 P-49ESect-2.6 P-50ESect-2.6 P-51ESect-2.6 P-52ESect-2.6 P-53ESect-2.6 P-54ESect-2.6 P-55ESect-2.6 P-56ESect-2.6 P-57ESect-2.6 P-58ESect-2.6 P-59ESect-2.6 P-60ESect-2.6 P-61ESect-2.6 P-62ESect-2.6 P-1TESect-2.6 P-2TESect-2.6 P-3TESect-2.6 P-4TESect-2.6 P-5TESect-2.6 P-6TESect-2.6 P-7TESect-2.6 P-8TESect-2.6 P-9TESect-2.6 P-10TECh-2 P-1CRQCh-2 P-2CRQCh-2 P-3CRQCh-2 P-4CRQCh-2 P-5CRQCh-2 P-6CRQCh-2 P-7CRQCh-2 P-8CRQCh-2 P-9CRQCh-2 P-10CRQCh-2 P-11CRQCh-2 P-12CRQCh-2 P-13CRQCh-2 P-14CRQCh-2 P-1RECh-2 P-2RECh-2 P-3RECh-2 P-4RECh-2 P-5RECh-2 P-6RECh-2 P-7RECh-2 P-8RECh-2 P-9RECh-2 P-10RECh-2 P-11RECh-2 P-12RECh-2 P-13RECh-2 P-14RECh-2 P-15RECh-2 P-16RECh-2 P-17RECh-2 P-18RECh-2 P-19RECh-2 P-20RECh-2 P-21RECh-2 P-22RECh-2 P-23RECh-2 P-24RECh-2 P-25RECh-2 P-26RECh-2 P-27RECh-2 P-28RECh-2 P-29RECh-2 P-30RECh-2 P-31RECh-2 P-32RECh-2 P-33RECh-2 P-34RECh-2 P-35RECh-2 P-36RECh-2 P-37RECh-2 P-38RECh-2 P-39RECh-2 P-40RECh-2 P-41RECh-2 P-42RECh-2 P-43RECh-2 P-44RECh-2 P-45RECh-2 P-46RECh-2 P-47RECh-2 P-48RECh-2 P-49RECh-2 P-50RECh-2 P-51RECh-2 P-52RECh-2 P-53RECh-2 P-54RECh-2 P-55RECh-2 P-56RECh-2 P-57RECh-2 P-58RECh-2 P-59RECh-2 P-60RECh-2 P-61RECh-2 P-62RECh-2 P-63RECh-2 P-64RECh-2 P-1BMCh-2 P-2BMCh-2 P-3BMCh-2 P-4BMCh-2 P-5BMCh-2 P-6BM

Additional Math Solutions

Find more solutions based on key concepts

Show solutions add

Evaluate the expression sin Exercises 116. 52535252

Finite Mathematics and Applied Calculus (MindTap Course List)

In problems 5-8, write the following sets in a second way. 5.

Mathematical Applications for the Management, Life, and Social Sciences

Find each product: (y2+9)(y29)

Elementary Technical Mathematics

In Exercises 1 to 4, find tan and tan for each triangle.

Elementary Geometry for College Students