What is the factored form of -.09375x^2 +15x

The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $138. The quantity demanded each mon

Stells [14]

Answer:

(a) $D(q)=\frac{-1}{25} q+148$

(b) $S(q)=\frac{1}{50}q+58$

(c) $p_{*} =88\\\\q_{*} =1500$

Step-by-step explanation:

(a) For the demand equation D(q) we have

P1: 138 Q1: 250

P2: 108 Q2: 1000

We can find m, which is the slope of the demand equation,

$m=\frac{p_{2} -p_{1} }{q_{2} -q_{1} }=\frac{108-38}{1000-250} =\frac{-30}{750}=\frac{-1}{25}$

and then we find b, which is the point where the curve intersects the y axis.

We can do it by plugging one point and the slope into the line equation form:

$y=mx+b\\\\D(q)=mq+b\\\\138=\frac{-1}{25}(250) +b\\\\138=-10+b\\\\138+10=b=148$

With b: 148 and m: -1/25 we can write our demand equation D(q)

$D(q)=\frac{-1}{25} q+148$

(b) to find the supply equation S(q) we have

P1: 102 Q1: 2200

P2: 102 Q2: 700

Similarly we find m, and b

$m=\frac{p_{2} -p_{1} }{q_{2} -q_{1} }=\frac{72-102}{700-2200} =\frac{-30}{-1500}=\frac{1}{50}$

$y=mx+b\\\\D(q)=mq+b\\\\72=\frac{1}{50}(700) +b\\\\72=14+b\\\\72-14=b=58\\$

And we can write our Supply equation S(q):

$S(q)=\frac{1}{50}q+58$

(c) Now we may find the equilibrium quantity q* and the equilibrium price p* by writing D(q)=S(q), which means the demand equals the supply in equilibrium:

$D(q)=S(q)\\\\\frac{-1}{25}q+148=\frac{1}{50}q+58\\\\$

$148-58=\frac{1q}{50} +\frac{1q}{25} \\\\90= \frac{1q}{50} +\frac{2q}{50}\\\\90=\frac{3q}{50}\\ \\q=1500\\\\$

We plug 1500 as q into any equation, in this case S(q) and we get:

$S(q)=\frac{1}{50}q+58\\\\S(1500)=\frac{1}{50}(1500)+58\\\\S(1500)=30+58\\\\S(1500)=88$

Which is the equilibrium price p*.

8 0

3 years ago

Please answer my question as fast as possible.

vovikov84 [41]

Answer:

Sets of 10

Step-by-step explanation:

5 0

4 years ago

What is the value of X? Enter your answer in the box. X=__

UNO [17]

x = 19!

Proof:

$3x-3\\3(19)-3\\57-3\\54$

For the other equation,

$6(x-10)\\6(19-10)\\6(9)\\54$

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6 0

3 years ago

Can you please help me? Explain each with answer please. See attacment.

SCORPION-xisa [38]

1. $9.00
2. Sorry, I don't understand this problem
3. Ally Cat because it is $1 cheaper

5 0

3 years ago

Find the radius of each circle:

MariettaO [177]

1) 39.4784176

2)483.6106157

3) 395.8406744

4)94.24777961

3 0

3 years ago