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
nexus9112 [7]
3 years ago
12

Suppose the supply and demand for a certain textbook are given by ​supply: p equals one fourth q squared comma ​demand: p equals

negative one fourth q squared plus 30 comma where p is the price and q is the quantity. Find the demand quantity and the supply quantity at a price of ​$15.
Business
2 answers:
Llana [10]3 years ago
6 0

Answer:

the demand quantity and the supply quantity at a price of ​$15 is 8 units

Explanation:

Supply, P = 1/4 Q²

Demand, P = - 1/4 Q²+30

If P = 15

Quantity Demanded will be 15 = -0.25Q²+30;

if we move 30 across the equality sign.

Therefore -0.25Q²=-15; divide both sides by -0.25;

Q² = 60, Q = 7.746, approximately 8 units

Quantity Supplied will be 15 =  1/4 Q², dividing both sides by 1/4

Q² = 60, Q = 7.746, approximately 8.

vovikov84 [41]3 years ago
5 0

Answer:

The number of books that are demanded at a price of $15 is 8

The number of books supplied at a price of $15 is 8

Explanation:

Given the supply and demand function of the textbook, p = 1/4 q2, and p = - 1/4 q2 + 30 respectively, where p and q is the price and quantity respectively,  

The quantity supplied at the price of $15 would be:

p = 1/4 q2

p = ¼ × q2

p = q2/4

15 = q2/4

15 × 4 = q2

60 = q2

q = 7.75 ≈ 8 (square root of 60)

The quantity demanded at the price of $15 would be:

p = - 1/4 q2 + 30

p = - q2/4 + 30

p – 30 = - q2/4

(p – 30) (4) = - q2

(15 – 30) (4) = - q2

( – 15) (4) = - q2

– 60 = – q2

60 = q2

q = 7.75 ≈ 8 (square root of 60)

You might be interested in
Exercise 8-07 At December 31, 2019, Pharoah Company Company had a credit balance of $18,100 in Allowance for Doubtful Accounts.
Alja [10]

Answer:

Entries are given below

Explanation:

DATA:

Opening Balance in the allowance for doubtful debt = $18,100

During 2020 Pharoah company wrote off accounts totaling 12,900

Entry                                                       DEBIT        CREDIT

Allowance for Doubtful Accounts $11,800  

Accounts Receivable                                               $11,800

At December 31, 2020, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $23,700

Entry                                                       DEBIT        CREDIT

Bad debt expense                                $17,400

Allowance for doubtful debt                                    $17,400

           

Working

Balance before adjustment = $18,100 - $11,800

Balance before adjustment = $6,300

After Aging schedule indication

Adjustment  = $23,700 - 6,300

Adjustment = $17,400

3 0
3 years ago
Is the sole shareholder of a corporation. for the past five years, has reported little or no taxable income as a result?
OleMash [197]

For the past five years, Logan has reported little to no taxable income because he paid Graham a salary of $500,000 a year.

Multiply that result by the number of shares held for each individual shareholder. Complete Appendix K, the form companies must submit to list the amount of income attributable to each shareholder for the tax year.

The gross S Corporation income (or loss) reported in Appendix E is included in the income from rentals, royalties, partnerships, S Corporations, trusts, etc. section of an individual's Form 1040.

S corporation tax rate refers to the federal, state, and local personal income taxes an S corporation must pay. S Corporation owners must pay state and local income taxes ranging from 0% to 13.3% and a maximum federal income tax of 39.6%.

Learn more about shareholder at

brainly.com/question/25686394

#SPJ4

5 0
2 years ago
You can receive 400,000 five years from today or 1,000,000 thirty years from today. what interest rate makes them equivalent?
deff fn [24]

Answer:

3.73%

Explanation:

The computation of the rate of interest that makes the equivalent is shown below:

As we know that

Present value=Cash flow × Present value discounting factor ( interest rate% , time period)

Let us assume the interest rate be x

where,

Present value of $400,000 is

= $400,000 ÷ 1.0x ^5

And,

Present value of $1,000,000 be

= $1,000,000 ÷ 1.0x^30

Now eqaute these two equations

$400,000 ÷ 1.0x^5 = $1,000,000 ÷ 1.0x^30

(1.0x^30) ÷ (1.0x^5) = $1,000,000 ÷ $400,000

1.0x^(30 - 5)=2.5

1.0x^25=2.5

1.0x = (2.5)^(1 ÷ 25)

x =1.03733158 - 1

= 3.73%

3 0
3 years ago
Denise is planning to open a new gym, and she wants to be sure that her employees can move to any open position and do well. Wha
bija089 [108]

the money system is of corse i love the question

3 0
3 years ago
An investment that costs $5,800 will produce annual cash flows of $2,480 for a period of 4 years. Given a desired rate of return
aleksandrvk [35]

Based on the present value of the annual cash flows and the investment cost, the present value index is 1.39

<h3>How is the present value index calculated?</h3>

To find the present value index, use the formula:

= Present value of cash flow/Investment cost

The present value of cash flow is:

= Annual cash flows x Present value interest factor of annuity, 9%, 4 years

= 2,480 x 3.239719877

= $8,034.51

The present value index is:

= 8,034.51 / 5,800

= 1.39

Find out more on present value index at brainly.com/question/23259683

#SPJ1

8 0
1 year ago
Other questions:
  • Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain has recorded the foll
    7·1 answer
  • Your company has two​ divisions: One division sells software and the other division sells computers through a direct sales​ chan
    8·1 answer
  • By how much did annualized consumption decline in november of 2008 when gdp was $14 trillion?
    12·1 answer
  • An important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be ear
    10·1 answer
  • A ________ is made up of a company, its suppliers, its distributors, and its customers who partner with each other to improve th
    9·2 answers
  • Which of the following business document contains preprinted blanks to be filled in?
    11·2 answers
  • 13
    11·1 answer
  • Wayne Company's beginning and ending inventories for the month of June were as follows:
    15·1 answer
  • A tool that has been __________defective will creates headache and irritation. *
    6·1 answer
  • A hospital arranges with a third-party payer to charge the third party 85 percent of its established billing rates. During Janua
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!