1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wolverine [178]
4 years ago
11

The market equilibrium point for a product is reached when 12000 units are produced and sold at $27 per unit. The manufacturer w

ill not produce any units at the price of $6, and the customers will not buy any at the price of $69. Find the supply and demand equations, assuming they are linear.
The equations should express price p in terms of quantity q.

Supply equation: p=
Demand equation: p=
Mathematics
1 answer:
mamaluj [8]4 years ago
8 0
If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
        supply: 324000 = 6p   ; p = 324000/6 = 54000
        demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
You might be interested in
Whats the answer to 3,000(6-2) + 3,000
yuradex [85]
The answer is 15000

3000 \times ( 6 - 2) = 12000  + 3000 = 15000
3000*6=1800
3000*-2=-6000
18000-6000=12000
12000+3000=15000
8 0
4 years ago
1. Jose and Carlos received P 450 as prize for
Ipatiy [6.2K]

Answer:

1.Jose received 5/9×P450=P250

2.A dozen =12

12/3=4×165=660

3.40/1002/5

4. 100/60×9=15

5. 60/100×40=24

8 0
3 years ago
Curtis plays a trivia game he earns 2 points for each correct answer and loses 0.25 points for each incorrect answer he get 21 c
Maslowich

Answer:

41

Step-by-step explanation:

Curtis is playing a trivia game.

Number of points earned for each correct answer = 2

Number of points lost for each correct answer = 0.25

Given that:

Number of correct answers given by Curtis = 21

Number of wrong answers given by Curtis = 4

To find:

Total score of the game by Curtis?

Solution:

First of all, let us find the points earned by correct answers.

Points earned by correct answers = Number of correct answers multiplied by Points earned on one correct answer.

Points earned by correct answers = 21 \times 2 = 42

Now, let us find the points to be lost by wrong answers.

Points lost by wrong answers = Number of wrong answers multiplied by Points lost on one correct answer.

Points lost by wrong answers = 4 \times 0.25 = 1

The score of the game can be calculated by subtracting the points lost from the points earned.

Score = 42 - 1 = <em>41</em>

3 0
3 years ago
Please anyone help i really need help it’s due please!!
Diano4ka-milaya [45]
Answer: w = 41

QU = 2(RT)

w + 41 = 2w
w = 41
6 0
3 years ago
Express 1 1/2% as a decimal.
Step2247 [10]
If 1% is equal to 0.01
and 1/2% is equal to 0.005
then 1 1/2% is equal to 0.015
7 0
3 years ago
Other questions:
  • How do you solve this problem?
    5·2 answers
  • Antonio gave 27 tomatoes to his neighbor and 15 to his brother. he had 72 tomatoes before diving some away. how many tomatoes do
    7·1 answer
  • What does X equal to
    5·2 answers
  • What is the equation of the line that passes through point (4, 12) and has a intercept of -2​
    7·1 answer
  • Write 9.202 using words
    8·1 answer
  • Determine whether the set of numbers can be an triangle and classify the triangle as acute, obtuse,
    8·1 answer
  • Two angles of a triangle measure 15° and 85°. What is the measure for the third angle
    11·1 answer
  • I would appreciate the help, please!!!
    6·1 answer
  • What is the equation of the line?
    6·2 answers
  • Kyle has a storage box that is 2 ft. Long, 3 ft. High, and has a volume of 12 ft. 3 12 ft.3. Myla has a storage box that is 4 ft
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!