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1/2 POINTS PREVIOUS ANSWERS TANAPCALC10 6.7.006. MY NOTES Consumers' Surplus The demand function for a certain...
Consumers' Surplus The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. p - -0.01x? -0,3x + 41 Determine the consumers' surplus if the market price is set at $1/cartridge (Round your answer to two decimal places.) $ 0.16 X Need Help? Read it Talk to a Tutor...
Consumers' and Producers' Surplus The quantity demanded X (in units of a hundred) of the Sportsman 5 x 7 tents, per week, is related to the unit price p (in dollars) by the relation p = -0.1x2 - x + 40. The quantity (in units of a hundred) that the supplier is willing to make available in the market is related to the unit price by the relation p = 0.1x2 + 4x + 10. If the market price is...
0/0 POINTS || PREVIOUS ANSWERS WANEFMAC7 14.4.001. Calculate the consumers' surplus at the indicated unit price for the demand equation. HINT (See Example 1.] (Round your answer to the nearest cent.) p = 12 - 29; p = 6 Need Help? Read It Talk to a Tutor Submit Answer Practice Another Version | -70 POINTS WANEFMAC7 14.4.007. Calculate the consumers' surplus at the indicated unit price p for the demand equation. HINT (See Example 1.] (Round your answer to the...
0/16.66 POINTS PREVIOUS ANSWERS WANEFMAC7 14.4.001. Calculate the consumers' surplus at the indicated unit price p for the demand equation. HINT (See Example 1.] (Round your answer to the nearest cent.) p = 14 - 29; p = 2 $ Enter a number. Neeu nei Read It Talk to a Tutor Submit Answer Practice Another Version
The demand function for a certain model of Blu-ray player is given by p = 900 0.5x + 2 where p is the unit price in dollars and x (in units of a thousand) is the quantity demanded per week. What is the consumers' surplus if the selling price is set at $300/unit? (Round your answer to the nearest dollar.)
The demand function for a certain brand of CD is given by the following equation where is the wholesale price in dollars and x is the quantity demanded each week, mesured in units of a thousand p=-0.01 -0.22+19 Determine the consumers' surplus if the wholesale market price is set at 51/disc. Round your answer to two decimal places) $ 1,860,000 00 X Need Help?
-/3 POINTS WANEFMAC7 12.6.010. MY NOTES ASK YOUR TEACHER The demand curve for original Iguanawoman comics is given by a = (457 – p) (0 sp < 457) 150 where q is the number of copies the publisher can sell per week if it sets the price at $p. (a) Find the price elasticity of demand when the price is set at $30 per copy. (Round your answer to two decimal places.) (b) Find the price at which the publisher...
O-14 points WaneFMAC6 12.6.003. 0/6 Submissions Used My Notes (103 - p)2, where p is the price per case tissues and q the demand in weekly sales. The consumer demand equation for tissues given by q (a) Detemine the price elasticity of demand E when the price set at $33. (Round your answer to three decimal places.) E= Interpret your answer The demand is going by per 1% increase in price at that price level. (b) At what price should...
The demand function for a certain commodity is given by p = 100e-9/2. (p is the price per unit and q is the number of units.) (a) At what price per unit will the quantity demanded equal 4 units? (Round your answer to the nearest cent.) $ (b) If the price is $1.99 per unit, how many units will be demanded, to the nearest unit? units
The demand function for a certain brand of CD is given by p--00-02 where p is the wholesale unit price in dollars and is the quantity demanded each work, measured in units of a thousand. The supply function is given by p=0.01.x+4 Where is the unit wholesale price in dollars and stands for the quantity that will be made available in the market by the per measured in units of thousand. Determine the producere's the wholesale market price is set...