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
LiRa [457]
3 years ago
13

The Cool Company determines that the supply function for its basic air conditioning unit is S(p) = 10 + 0.002p3 and that its dem

and function is D(p) = 50 - 0.04p2, where p is the price. Determine the price for which the supply equals the demand.
Mathematics
2 answers:
Scorpion4ik [409]3 years ago
5 0
$21.86 is the answer that your looking for<span>
</span>
Radda [10]3 years ago
3 0

Answer: At $21.85, the supply will equal to demand.

Step-by-step explanation:

Since we have given that

Demand function is given by

D(p) = 50 - 0.04p^2, \text{where p is the price.}

Supply function is given by

S(p) = 10 + 0.002p^3

According to question, we need to find the price for which the supply equals the demand, i.e. Equilibrium price and quantity.

D(p)=S(p)\\\\50-0.04p^2=10+0.002p^3\\\\50-10=0.002p^3+0.04p^2\\\\40=\frac{2}{1000}p^3+\frac{4}{100}p^2\\\\40=\frac{2}{100}p^2(\frac{1}{10}p+2)\\\\\frac{40\times 100}{2}=p^2(\frac{1p+20}{2})\\\\\mathrm{The\:Newton-Raphson\:method\:uses\:an\:iterative\:process\:to\:approach\:one\:root\:of\:a\:function}\\\\p\approx \:21.85861\dots

So, at $21.85, the supply will equal to demand.

You might be interested in
10x−y = 10<br> −2x+ 5y = −2
Viefleur [7K]

Answer:

x=1 & y=0

Step-by-step explanation:

5 0
1 year ago
Need help ASAP if any can help me that’ll mean a lot I’ll heart your answer :)
Dominik [7]

Answer:

13p+11.75 is no more than 480

Step-by-step explanation:

plz give me brainliest if possible

4 0
2 years ago
What is the solution for x in the equation?
erastovalidia [21]
The solution for x is D=-4

7 0
3 years ago
how many kilograms of pure water is to be added to 100 kilograms of a 30% saline solution to make it a 10% saline solution
Irina-Kira [14]

Answer:

  200 kg

Step-by-step explanation:

If w is the amount of water added, then the concentration of the solution is ...

  salt/solute = 100(0.30)/(100 +w) = 0.10

  30 = 10 +0.10w . . . . . simplify

  20 = 0.10w . . . . . . . . subtract 10

  20/0.10 = w = 200 . . . . divide by 0.10

200 kg of water must be added to dilute the solution to 10%.

4 0
3 years ago
PLEASE HELP ASAP!!! CORRECT ANSWER ONLY PLEASE!!
Crazy boy [7]
1 and 3 are correct answers
3 0
3 years ago
Read 2 more answers
Other questions:
  • Select the term that does not describe the triangle. Select all that apply.
    14·2 answers
  • In a data set with a normal distribution, the mean is 59 and the standard deviation is 3.
    7·1 answer
  • What is the measure of
    7·1 answer
  • What does x = when 2x + 6 = 6x-2
    10·2 answers
  • drew bought a chemistry book for $30. later that book was marked down by 20%. what was the cost of the book with the discount?
    13·1 answer
  • Sandy picked 9 pounds of tomatoes. She wants to share the tomatoes equally among 4 of her neighbors. How many pounds of tomatoes
    14·1 answer
  • Find the interquartile range for each data set.Round your answers to the nearest tenth. 19,13,15,26,11,15,17,5,2,0,2,2,4,3,4,6
    8·1 answer
  • At a store each notebook has a cost of
    10·2 answers
  • Please help...... fast​
    7·1 answer
  • Transpose for p<br> w = p + cg <br><br><br> Make h the subject <br> m = r - h + 4d
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!