The market for paperback detective novels is perfectly competitive. Market Supply is given by P=5+3Q. If the Marginal Cost of the last unit sold is $65, how many units are sold in the market? Enter a number only. Remember fractions of goods are possible.

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The market for paperback detective novels is perfectly competitive. Market Demand is given by Q=106-7P. Market Supply is given by P=5+2Q. What is market QUANTITY? Enter a number only. Remember, fractions of goods are possible.

Demand for Corn Flakes is: P = 17 - Q. Supply of Kellogg's Corn Flakes is: P = 2 + Q. Now a generic company enters the market, selling generic Corn Flakes for $5. Assume consumers are indifferent between generic and Kellogg's Corn Flakes. How many boxes of corn flakes will sell in total (both brand and generic)? Enter as a value.

Consider the following cost function: Total Cost = 50+5Q^3 and demand curve Price= 5000-275*Q Given these functions, what would be the profit maximizing output?

Juice producers are price takers since they compete in a highly competitive market. The going rate for juice at the market is $20.00.The prices are provided by: Cost overall = 0.2Q2+8Q+40 Cost Margin = 0.4Q+10 a) Determine how many juices the business should sell to increase earnings. CMg=P b) Determine the highest daily benefits. Total revenue = P*Q Costs in total = 0.2Q2+8Q+40 Total income + maximum perks Total price

The market for paperback detective novels is perfectly competitive. Suppose we have identical book readers, and each individual book reader's demand for paperback novels is given by P=123-5Q. We have 337 book readers in the market. What is the market quantity demanded when the price of a paperback novel is $23. Enter a number only. Remember, fractions of goods are possible.

Find the supply equation using the given information. (Let x be the number of items.) At a price of $1400 a supplier will supply 170 items. If the price decreases by $100, then the supplier will supply 20 fewer items. S(x) =

If the demand function for a company is given by the equation p= -(16+4)q+(16+16000), and the supply is given by the equation q=(16+550)-p. Find the equilibrium point.

The market for paperback detective novels is perfectly competitive. We have two types of consumers in the market- Regular and Occasional readers. Each Regular reader's demand curve is given by P=74-2Q. Each Occasional reader's demand curve is given by Q=94-6P Suppose there is only 1 reader of each type. What is market demand when market price is $59? Enter a number only. Remember, fractions of goods are possible.