Hope this answer would be helpful.
Answer:
1/3 * (8 + 4)
Step-by-step explanation:
Expression which represents 1/3 tines the sum of 8 and 4
Expressing mathematically,
Sum of 8 and 4 is written as (8 + 4)
1/3 of the sum is expressed as ; 1/3 x (8 + 4)
Hence,
1/3 * (8 + 4)
1/3 * 12
= 4
Expression is 1/3 * (8 + 4)
Result = 4
Answer:
294 pages are in this book
Step-by-step explanation:
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:
