Answer:
a. Using the inverse demand for each, solve for the social marginal benefit curve.
Bob: Scott:
Q = 40-P Q = 30 – P
(-1)Q – 40 = -P(-1) (-1)Q – 30 = -2P
40 – Q = P 30 – Q = 2P
((30 – Q) = 2P)/2
15 – 1/2Q = P
P = 15 – 1/2Q + 40 – Q
P = 55 – 1.5Q
Scott is no longer willing to pay anything when Q >30
Social Marginal Benefit curve: Q = 40 - P
b. What is the socially efficient amount of plowing?
SMB = SMC
35 = 55 – 1.5Q
Subtract from both sides and rearrange
1.5Q = 20
Q = 13.33
c. Suppose the input costs of plowing fell and marginal costs of plowing were now constant at $5.
55 – 1.5Q = 5
55-5 = 1.5Q
50 = 1.5Q
33.3 = Q*
Answer:
The perimeter of given figure = 56.56 ft
Step-by-step explanation:
Step(i):-
From diagram
The length of the rectangle = 10 ft
The width of the rectangle = 8 ft
Perimeter of the rectangle
= 2 ( l+w)
= 2 ( 10 + 8)
= 2 × 18
= 36
Step(ii):-
The semi circle is included in the given diagram
Now we will find the perimeter of semicircle
We know that
perimeter of the circle
p = 2πr + d
perimeter of the semicircle
P = πr + 2 r (∵ d = 2 r)
Step(iii):-
From diagram the diameter of semicircle is equal to the width of the rectangle
d = 8
d = 2 r = 8
The radius of the circle 'r' = 4
perimeter of the semicircle
P = πr + 2 r
P = 3.14 ( 4) + 8
P= 20.56
Conclusion:-
The perimeter of given figure
= perimeter of rectangle + perimeter of semicircle
= 36 + 20.56
=56.56 ft
Answer:
=8/15
Step-by-step explanation:
= 1/3x8/5
=1x8/3x5
= 8/3x5
-----> =8/15
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