Answer:
a. 24
b. 864
Step-by-step explanation:
a. The demand function is:
P = 60 - 2Q
When P = 12:
12 = 60 - 2Q
2Q = 60 - 12
2Q = 48
Q = 48/2 = 24
b. Consumer surplus is given as the integral of Demand function:
![CS = \int\limits {[P(Q) - (p)(Q)] \ dQ\\](https://tex.z-dn.net/?f=CS%20%3D%20%5Cint%5Climits%20%7B%5BP%28Q%29%20-%20%28p%29%28Q%29%5D%20%5C%20dQ%5C%5C)
This implies that:
Answer:
A shaded region below a dashed line (y <3x-4)
Step-by-step explanation:
For linear inequalities, we have shaded regions below or above a dashed or solid or continuous line represented by an inequality.
Their graphs are called region graphs. Those regions are only enclosed ones if before the sign of inequality it is included both variables. Like x²+y²<1, |x+y|<1, etc.
In this case what we have here is an open region, as the graph below shows.
3x-y>4 =-y>4-3x∴y<3x-4
Setting a value for x
3x-4=0
3x=4
3x/3=4/3
x=4/3 (slope)
(4/3,0)
Answer:
The answer is 65,-4
Step-by-step explanation:
x coordinates is 65 while the Y coordinates is -4
I believe the first one is c
