The demand function for a certain model of Blu-ray player is given by p = 900 0.5x + 2 wh...
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.)
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The demand function for a certain model of Blu-ray player is given by p = 900 0.5x + 2 wh...
Consumers' Surplus The demand function for a certain make of replacement cartridges for a water purifier...
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...
The demand function for a certain brand of CD is given by p--00-02 where p is...
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...
1/2 POINTS PREVIOUS ANSWERS TANAPCALC10 6.7.006. MY NOTES Consumers' Surplus The demand function for a certain...
1/2 POINTS PREVIOUS ANSWERS TANAPCALC10 6.7.006. MY NOTES Consumers' Surplus The demand function for a certain brand of mattress is given by p = 650e -0.06x where p is the unit price in dollars and x (in units of a hundred) is the quantity demanded per month. (a) Find the number of mattresses demanded per month if the unit price is set at $200/mattress. (Round your answer to the nearest integer.) 1964 mattresses (b) Use the results of part (a)...
The demand function for a certain brand of CD is given by the following equation where...
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?
The management of the Titan Tire Company has determined that the quantity demanded x of their Sup...
The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p-172-x where p is measured in dollars and x is measured in units of a thousand. Titan will make x units of the tires available in the market if the unit price is p- 76+3 dollars. Determine the consumers surplus and the producers' surplus when the market unit price is set...
The demand function for a certain commodity is given by p = 100e-9/2. (p is the...
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
66. DEMAND FOR COMMODITIES Assume that the demand func tion for a certain commodity has the...
66. DEMAND FOR COMMODITIES Assume that the demand func tion for a certain commodity has the form ax+ where x is the quantity demanded, measured in units of a thousand and p is the unit price in dollars. Suppose the quantity demanded is 6000 ( 6) when the unit price is $8 and 8000 (x = 8) when the unit price is $6. Determine the demand equation. What is the quantity demanded when the unit price is set at $7.50?
The management of the Titan Tire Company has determined
The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 164-x2 where p is measured in dollars and x is measured in units of a thousand. Titan will make x units of the tires available in the market if the unit price is p = 68+1/2x2 dollars. Determine the consumers' surplus and the producers' surplus when the market unit price is set at...
The demand function for a certain commodity is given by p 100e2. (p is the price...
The demand function for a certain commodity is given by p 100e2. (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 $2.95 per unit, how many units will be demanded, to the nearest unit? units
Suppose the demand function for a product is x thousand units per week and the corresponding...
Suppose the demand function for a product is x thousand units per week and the corresponding wholesale price, in dollars, is p=sqrt(−9x+174) Determine the consumers' surplus if the wholesale market price is set at $8 per unit.
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...
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...
1/2 POINTS PREVIOUS ANSWERS TANAPCALC10 6.7.006. MY NOTES Consumers' Surplus The demand function for a certain brand of mattress is given by p = 650e -0.06x where p is the unit price in dollars and x (in units of a hundred) is the quantity demanded per month. (a) Find the number of mattresses demanded per month if the unit price is set at $200/mattress. (Round your answer to the nearest integer.) 1964 mattresses (b) Use the results of part (a)...
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?
The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p-172-x where p is measured in dollars and x is measured in units of a thousand. Titan will make x units of the tires available in the market if the unit price is p- 76+3 dollars. Determine the consumers surplus and the producers' surplus when the market unit price is set...
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
66. DEMAND FOR COMMODITIES Assume that the demand func tion for a certain commodity has the form ax+ where x is the quantity demanded, measured in units of a thousand and p is the unit price in dollars. Suppose the quantity demanded is 6000 ( 6) when the unit price is $8 and 8000 (x = 8) when the unit price is $6. Determine the demand equation. What is the quantity demanded when the unit price is set at $7.50?
The demand function for a certain commodity is given by p 100e2. (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 $2.95 per unit, how many units will be demanded, to the nearest unit? units
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