23. The price, in dollars per unit, that consumers are willing to pay for the Trailmaster...
D(x) is the? price, in dollars per? unit, that consumers are
willing to pay for x units of an? item, and? S(x) is the? price, in
dollars per? unit, that producers are willing to accept for x
units. Find
?(a?) the equilibrium? point, ?(b?)the consumer surplus at the
equilibrium? point, and ?(c?) the producer surplus at the
equilibrium point.
D(x)=
D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x)=(x-912, S(x)=x2 + 2x + 21
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D(x)is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. 1 D(x) = 5 6 3 + 12, and S(x) = ş« +5 a)Find the equilibrium point. b) Find the consumer surplus at the equilibrium point. c) Find the producer surplus at the equilibrium point.
D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x)- (x-82, s(x)-x2+4x+4 (a) What are the coordinates of the equilibrium point? (Type an ordered pair.) (b) What is the...
D(x) = 14 – x is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(2) = Væ+ 6 is the price, in dollars per unit, that producers are willing to accept for x units of an item. Find: The equilibrium quantity: Preview The equilibrium price: Preview The consumer surplus at the equilibrium point: Preview The producer surplus at the equilibrium point: Preview License Points possible: 10 Unlimited attempts.
SLU. U ULIP 5.1.7 Question Help D(x) is the price in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x) = 2000 - 10x, S(x) = 1100 + 5x
Based upon market research, the Hawthorne Company has determined that consumers are willing to purchase 132 units of their portable media player each week when the price is set at $62.40 per unit. At a unit price of $7.80, consumers are willing to buy 405 units per week. (a) Determine the weekly demand equation for this product, assuming price, p, and quantity, x, are linearly related. p = (b) Determine the weekly revenue function. R(x) = (C) Determine the number...
Based upon market research, the Hawthorne Company has determined that consumers are willing to purchase 112 units of their portable media player each week when the price is set at $192.00 per unit. At a unit price of $28.20, consumers are willing to buy 385 units per week. (a) Determine the weekly demand equation for this product, assuming price, p, and quantity, x, are linearly related (b) Determine the weekly revenue function R(x) (c) Determine the number of units consumers...
Based upon market research, the Hawthorne Company has determined that consumers are willing to purchase 133 units of their portable media player each week when the price is set at $46.20 per unit. At a unit price of $11.80, consumers are willing to buy 305 units per week. (a) Determine the weekly demand equation for this product, assuming price, p, and quantity, x, are linearly related. p (b) Determine the weekly revenue function. R(x) (c) Determine the number of units...
72. Compound interest: future value. Belinda invests $25,000 in a retirement fund that earns 4.03% annual interest, compounded continuously. a) Write a function of the form A(t) = Pe" that gives the value of Belinda's account after t years, b) How much will be in Belinda's account after 10 yr? c) When will Belinda's account be worth $40,000? d) When will the value of Belinda's account be double the original value? 75. Demand. The price, in dollars per unit, that...