Question

The supply equation for the BWS Bluetooth wireless loudspeaker is p = 0.025x + 30 where x is the quantity supplied per month and p is the unit price in dollars. (a) Sketch the graph of the supply curve. (Sketch the curve as a ray.) Graph Layers << 180 After you add an object to the graph you can use Graph Layers to view and edit its properties. 160 " 140 120 100 No Solution 60 40 100 200 300 Help 400 500 600 700 800 900 1000 WebAssign. Graphing Tool (b) What is the lowest price (theoretically) at which the supplier will make a BWS Bluetooth wireless loudspeaker available in the market? $ (c) How many of these loudspeakers will the supplier make available in the market per month when the unit price is $100? units

Answer 1

The equation 0.025 x + 30 where ze is the quantity supplied per month and P is the unit price in dollars Then the equation can be written as Р 0.025 x = 30 1 30 1200 then the graph of the supply curve 's 80,0) lo P P-0.025%=3 le-1200) If the Loudspeaker available in the market then the quantity must be at least So when 1 then P = 0.025 x 1 + 30 2 30.025 1 the lowest price is $30.025 when P= $ 100 then boom (i), we get 01025 x + 30 (100-30) 26 0.025 2800 2800 Loudspeakers will be supplied