The decimal that represents the amount he harvested, is 0.06 because 3/50 is equivalent to 0.06 acres of corn crops.
Answer:
$7812.5million
$7812.5million
Step-by-step explanation:
From the question, the demand quantity <em>D(x) is 410-x </em> and the supply quantity <em>S(x)=160+x.</em> We determine the equilibrium quantity by equating the Demand quantity and the Supply quantity i.e
<em>D(x)=S(x). </em>
<em></em>
Hence the equilibrium quantity is 125.
Next we determine the equilibrium price. This can be obtain by just substituting the equilibrium quantity into either the demand quantity or the supply quantity. I prefer using the Demand quantity.
Equilibrium price=.
Next we write the expression for the Consumer Surplus
where <em>p</em> and <em>q </em> are the equilibrium price and equilibrium quantity respectively.
By substituting values we have
By carrying out simple arithmetic we arrive at
.
To determine the producer surplus, we use the expression below
Hence if we substitute values we arrive at
.
By simply simplification we arrive at
Answer:
x=10
Step-by-step explanation:
x+ 5= 3x - 21 +6
x+5 = 3x - 15
20= 2x
(x1,y1)=(0,6)
(x2,y2)=(6,0)
slope=(0-6)/(6-0)=0
Answer:
Step-by-step explanation:
A=1/36P2cot(20°)=1/36·1262·cot(20°)≈1211.63754in²
I hope this helped.!