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r-ruslan [8.4K]
3 years ago
12

3. The values for p and q represent the equilibrium point. As related to the troupe's

Mathematics
1 answer:
svp [43]3 years ago
5 0

Answer: The equilibrium point represents the raising or lowering the price in response to changes in the supply or demand.

If the price of a good is above equilibrium, this means that the quantity of the good supplied exceeds the quantity of the good demanded.

If the quantity is below the equilibrium point, it will create a shortage. because the quantity supplied is less than quantity demanded.

Hope this helps!

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Find the absolute minimum and absolute maximum values of f on the given interval. f(t) = 3 (*sqaure root sign*) t (20 − t), [0,
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Answer:

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  • minimum: 0

Step-by-step explanation:

The minimum will be found at the ends of the interval, where f(t) = 0.

The maximum is found in the middle of the interval, where f'(t) = 0.

  f(t)=\sqrt[3]{t}(20-t)\\\\f'(t)=\dfrac{20-t}{3\sqrt[3]{t^2}}-\sqrt[3]{t}=\sqrt[3]{t}\left(\dfrac{4(5-t)}{3t}\right)

This derivative is zero when the numerator is zero, at t=5. The function is a maximum at that point. The value there is ...

  f(5) = (∛5)(20-5) = 15∛5

The absolute maximum on the interval is 15∛5 at t=5.

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Answer:

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