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exis [7]
3 years ago
7

1. Which of the following describes a demand schedule?

Advanced Placement (AP)
1 answer:
NikAS [45]3 years ago
8 0

1)d. The quantity of a product that consumers are willing and able to buy at each unit price

2)C. The product has a lower price

3)c. The quantity demanded for chips will decrease and the demand for salsa will decrease.

4)I didn't understand your question about this one but I can explain the graph:-)

according to this diagram

the supply curve has shifted backward i.e supply is decreased so, with the decrease in supply the price of good increases and as a result of increased price the quantity demanded decreased.

5)B. Average consumer income has decreased, with Good A being an inferior good. ( because as you can see in the diagram that demand for good A is increased)

demand for inferior goods increases with the decrease in income. For example: if your income decreases you'll start travelling from bus instead of train.

6)B. Stacy wanted ice cream a bit more than a cupcake but chose the cupcake when the price of ice cream increased.

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The regions bounded by the graphs of y=x2 and y=sin2x are shaded in the figure above. What is the sum of the areas of the shaded
Alex Ar [27]

Answer:

The sum of the area of the shaded regions = 0.248685

Explanation:

The sum of the area of the shaded region is given as follows;

The point of intersection of the graphs are;

y = x/2

y = sin²x

∴ At the intersection, x/2 = sin²x

sinx = √(x/2)

Using Microsoft Excel, or Wolfram Alpha, we have that the possible solutions to the above equation are;

x = 0, x ≈ 0.55 or x ≈ 1.85

The area under the line y = x/2, between the points x = 0 and x ≈ 0.55, A₁, is given as follows

1/2 × (0.55)×0.55/2 ≈ 0.075625

The area under the line y = sin²x, between the points x = 0 and x ≈ 0.55, A₂, is given using as follows;

\int\limits {sin^n(x)} \, dx = -\dfrac{1}{n} sin^{n-1}(x) \cdot cos(x) + \dfrac{n-1}{n} \int\limits {sin^{n-2}(x)} \, dx

Therefore;

A_2 = \int\limits^{0.55}_0 {sin^2x} \, dx = \dfrac{1}{2} \left [x -sin(x) \cdot cos(x) \right]_0 ^{0.55}

∴ A₂ =1/2 × ((0.55 - sin(0.55)×cos(0.55)) - (0 - sin(0)×cos(0)) ≈ 0.0522

The shaded area, A_{1 shaded} = A₁ - A₂ = 0.075625 - 0.0522 ≈ 0.023425

Similarly, we have, between points 0.55 and 1.85

A₃ = 1/2 × (1.85 - 0.55) × 1/2 × (1.85 - 0.55) + (1.85 - 0.55) × 0.55/2 = 0.78

For y = sin²x, we have;

A_4 = \int\limits^{1.85}_{0.55} {sin^2x} \, dx = \dfrac{1}{2} \left [x -sin(x) \cdot cos(x) \right]_{0.55} ^{1.85} \approx 1.00526

The shaded area, A_{2 shaded} = A₄ - A₃ = 1.00526 - 0.78 ≈ 0.22526

The sum of the area of the shaded regions, ∑A = A_{1 shaded} + A_{2 shaded}

∴ A = 0.023425 + 0.22526 = 0.248685

The sum of the area of the shaded regions, ∑A = 0.248685

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