Answered: 19003 offror Cocon @At a price of $251… | bartleby

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter3: Linear And Nonlinear Functions

Section: Chapter Questions

Problem 26MCQ

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11310003 oppfor Coton
@At a price of $251 per DVD Player, the supply of DVD
Players is 900 and the demand is 4300. At a price
of $195 per DVD Player, The supply is 100 and the dem-
and is 5000.
what is the price-supply equation in the form
P = mx + b ?
what is the price-demand eavation in the
Form p=mx+b?
© Find and interpret the equilibrium point
P = ?

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hpw to calculate the equilibrium price and quantity
Windies Cricket manufactures Windies supporter jerseys. The quantity q, of these jerseys demanded weekly is related to the wholesale price per jersey p, by the following equation:? = −0.006? + 15The weekly total cost incurred by Windies Cricket for producing q jerseys is:?(?) = 38? − 0.02?^2 + 30,000 Calculate the equilibrium price and quantity for Windies jerseys.
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I asked this question yesterday and I don't understand why somebody did a) Demand: p=100-0.001x when p is 10, not 100? 1. An office supply company sells x permanent markers per year at p dollars per marker. The price-demand equation for these markers is p=10-0.001x. The total annual cost of manufacturing x permanent markers for the office supply company is C(x)=5000+2x. a) What price should the company charge for the markers to maximize revenue? What is the maximum revenue? Price: Maximum Revenue: b) What is the company's maximum profit? What should the company charge for each marker and how many markers should be produced? Maximum Profit: Marker Price: Markers Produced: c) The government decides to tax companies $2 for each maker produced. Taking into account this additional cost, how many markers should the company manufacture annually to maximize its profit? What is the maximum profit? How much should the company charge for the markers to realize the maximum profit? Markers…
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The variable interest rate on a student loan changes eachJuly 1 based on the bank prime loan rate. For the years1992–2007, this rate can be approximated by the modelr1x2 = - 0.115x2 + 1.183x + 5.623where x is the number of years since 1992 and r is theinterest rate as a percent.(a) Use a graphing utility to estimate the highest rate duringthis time period. During which year was the interest ratethe highest?(b) Use the model to estimate the rate in 2010. Does thisvalue seem reasonable?

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