All categories

2 years ago

suppose demand is given by P-120-5Q if the price drops from 80 per unit to 60 what is the change in consumer surplus

Mathematics

1 answer:

ANEK [815]2 years ago

4 0

Answer:

Step-by-step explanation:

p=120 -5Q

when p = 80

80 = 120 -5Q

Q=8

and when p= 60

60 = 120 -5Q

Q=12

so, change in consumer surplus = 12-8

= 4

You might be interested in

Parallel / Perpendicular Practice

deff fn [24]

The slope and intercept form is the form of the straight line equation that includes the value of the slope of the line

Neither
║
Neither
⊥
║
Neither
Neither
Neither

Reason:

The slope and intercept form is the form y = m·x + c

Where;

m = The slope

Two equations are parallel if their slopes are equal

Two equations are perpendicular if the relationship between their slopes, m₁, and m₂ are; $m_1 = -\dfrac{1}{m_2}$

1. The given equations are in the slope and intercept form

$\ y = 3 \cdot x + 1$

The slope, m₁ = 3

$y = \dfrac{1}{3} \cdot x + 1$

The slope, m₂ = $\dfrac{1}{3}$

Therefore, the equations are neither parallel or perpendicular

Neither

2. y = 5·x - 3

10·x - 2·y = 7

The second equation can be rewritten in the slope and intercept form as follows;

$y = 5 \cdot x -\dfrac{7}{2}$

Therefore, the two equations are parallel

3. The given equations are;

-2·x - 4·y = -8

-2·x + 4·y = -8

The given equations in slope and intercept form are;

$y = 2 -\dfrac{1}{2} \cdot x$

Slope, m₁ = $-\dfrac{1}{2}$

$y = \dfrac{1}{2} \cdot x - 2$

Slope, m₂ = $\dfrac{1}{2}$

The slopes

Therefore, m₁ ≠ m₂

$m_1 \neq -\dfrac{1}{m_2}$

The lines are Neither parallel nor perpendicular

Neither

4. The given equations are;

2·y - x = 2

$y = \dfrac{1}{2} \cdot x +1$

m₁ = $\dfrac{1}{2}$

y = -2·x + 4

m₂ = -2

Therefore;

$m_1 \neq -\dfrac{1}{m_2}$

Therefore, the lines are perpendicular

5. The given equations are;

4·y = 3·x + 12

-3·x + 4·y = 2

Which gives;

First equation, $y = \dfrac{3}{4} \cdot x + 3$

Second equation, $y = \dfrac{3}{4} \cdot x + \dfrac{1}{2}$

Therefore, m₁ = m₂, the lines are parallel

6. The given equations are;

8·x - 4·y = 16

Which gives; y = 2·x - 4

5·y - 10 = 3, therefore, y = $\dfrac{13}{5}$

Therefore, the two equations are neither parallel nor perpendicular

Neither

7. The equations are;

2·x + 6·y = -3

Which gives $y = -\dfrac{1}{3} \cdot x - \dfrac{1}{2}$

12·y = 4·x + 20

Which gives

$y = \dfrac{1}{3} \cdot x + \dfrac{5}{3}$

m₁ ≠ m₂

$m_1 \neq -\dfrac{1}{m_2}$

Neither

8. 2·x - 5·y = -3

Which gives; $y = \dfrac{2}{5} \cdot x +\dfrac{3}{5}$

5·x + 27 = 6

$x = -\dfrac{21}{5}$

Therefore, the slopes are not equal, or perpendicular, the correct option is Neither

Learn more here:

brainly.com/question/16732089

6 0

3 years ago

Missing product homework 9x2=i i=

FrozenT [24]

Answer:

the answer is 19

Step-by-step explanation:

you have to multiply the two numbers

8 0

3 years ago

An object is launched directly in the air at a speed of 48 feet per second from a platform located 12 feet above the ground. The

anastassius [24]

9514 1404 393

Answer:

48 ft

Step-by-step explanation:

For the quadratic ax^2 +bx +c, the axis of symmetry is x = -b/(2a). For the given quadratic, which defines a parabola opening downward, the axis of symmetry defines the time at which the maximum height is reached.

t = -48/(2(-16)) = 1.5

Then the maximum height is ...

f(1.5) = (-16·1.5 +48)1.5 +12 = (24·1.5) +12

f(1.5) = 48

The maximum height the object will reach is 48 feet.

6 0

3 years ago

If an angle is 16 degrees less than the measure of its complement. What’s the measure of the angle?

Margarita [4]

x-16+x=180

2x-16=180

2x=196

x=98 degrees

x-16= 82 degrees

Hope this helps!

6 0

3 years ago

Read 2 more answers

MARKING BRANLY You want to plant a flower garden in your yard so that you can make a beautiful bouquet to put on the alter at ch

BabaBlast [244]

Answer:

1. 3 packs of daffodils and 4 packs of tulips

2. then you would have 24 of each

3. $2.29

4. $37.54

5. $34.61

6.$2.93 was saved

7. 3 tulips

8. 12 daffodils

9. 9 tulips

10. 12 daffodils and 15 tulips

theres 2 left. ill let someone else do it

Step-by-step explanation:

3. 4.50*4=18 5.75*3=17.25

18+17.25 -> 35.25*.065=2.29 rounded

4. 35.25+2.29=37.54

5. 35.25-2.75->32.50*.065=2.11 2.11+32.50=34.61

6. 37.54-34.61=2.93

7. 6:8 -> 3:4 ratio -> 3:4

8. 8+4=12

9. 6+3=9

10. 24-12=12 24-9=15

6 0

3 years ago