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Arte-miy333 [17]
3 years ago
6

Suppose the supply function for a certain item is given by S(q)= (q+6)2 and the demand funtion is given by D(q)= (1000)/(q+6).

Mathematics
1 answer:
nasty-shy [4]3 years ago
7 0

Answer: The equilibrium point is where; Quantity supplied = 100 and Quantity demanded = 100

Step-by-step explanation: The equilibrium point on a demand and supply graph is the point at which demand equals supply. Better put, it is the point where the demand curve intersects the supply curve.

The supply function is given as

S(q) = (q + 6)^2

The demand function is given as

D(q) = 1000/(q + 6)

The equilibrium point therefore would be derived as

(q + 6)^2 = 1000/(q + 6)

Cross multiply and you have

(q + 6)^2 x (q + 6) = 1000

(q + 6 )^3 = 1000

Add the cube root sign to both sides of the equation

q + 6 = 10

Subtract 6 from both sides of the equation

q = 4

Therefore when q = 4, supply would be

S(q) = (4 + 6)^2

S(q) = 10^2

S(q) = 100

Also when q = 4, demand would be

D(q) = 1000/(4 + 6)

D(q) = 1000/10

D(q) = 100

Hence at the point of equilibrium the quantity demanded and quantity supplied would be 100 units.

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A shop has a 3 for 2 offer on chocolate bars The normal price of a chocolate bar is 72p Sian gets 3 chocolate bars from the shop
Agata [3.3K]

Answer:

1.44 pounds

Step-by-step explanation:

From the above question, we are told that:

The shop has 3 for 2 offer on chocolate bars going on .This means a customer can buy 2 chocolates get 1 free, for the price of 2 chocolates, a customer can get 3 chocolates.

If the price of 1 chocolate bar = 72p

2 chocolate bars =

72p × 2

= 144p

Hence, Sian spends 144p

We are asked to convert our answer to pounds

The symbol p represent pence in money form

Hence,

100p(pence) = 1 pound

144p(pence) = x

100p × x = 144p × 1

x = 144p/100p

x = 1.44 pounds

Therefore, Sian spends 1.44 pounds

7 0
3 years ago
Apply the distributive property<br><br> 1/4(16a+8b+c)
frez [133]

Answer:

4a + 2b + 1/4 c.

Step-by-step explanation:

1/4(16a+8b+c)

= 1/4 * 16a + 1/4 * 8b + 1/4 * c

= 4a + 2b + 1/4 c.

6 0
3 years ago
Find the 11th term of the geometric sequence 6, -18, 54
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4 0
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Write 0.0002839 in scientific notation.
Anika [276]

Answer:2.84 x 10-4

There you go!

8 0
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Read 2 more answers
50× 3/8 how to reduce answer to lowest te
hoa [83]

The lowest term is \frac{75}{4}.

Solution:

Given expression is 50\times\frac{3}{8}

<u>To reduce this term to the lowest term:</u>

$50\times\frac{3}{8}=\frac{50}{1}\times\frac{3}{8}

Multiply the numerator and denominator.

$50\times\frac{3}{8}=\frac{150}{8}

Now, divide the numerator and denominator by the greatest common factor.

Here 150 and 8 both have common factor 2.

So, divide numerator and denominator by 2.

           $=\frac{150\div2}{8\div2}

           $=\frac{75}{4}

$50\times\frac{3}{8}=\frac{75}{4}

Hence the lowest term is \frac{75}{4}.

4 0
3 years ago
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