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:
-1/3
Step-by-step explanation:
Taking two points on the graph (I took (0,9) and (6,7)
Slope=(y2-y1)/(x2-x1)
(7-9)/(6-0)=-2/6
=-1/3
Answer:
9
Step-by-step explanation:
if she has 14 and then spends 5 she will have 9. 4-5=9
Answer:
Step-by-step explanation:
Minimum height=30
Maximum height=38
Write an absolute value equation:
Center: 34
Distance: 4
Equation: |x-34|=4
The probabilities of all possible outcomes in a distribution must sum to 1.
