The supply function for a product is 2p − q − 50 = 0, while the demand function for the same product is (p + 10)(q + 30) = 7000. Find the market equilibrium point. (q, p) = ?

Q: (c) The demand for watches is given by p = 7000 – 2q dollars, and the supply of watches is given byp…

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Q: (c) The demand for watches is given by p = 7000 − 2q dollars, and the supply of watches is given by…

A: Given that,   The demand for watches,   And the supply for watches,   Where “q” is the number of…

Q: The demand equation for the Cold Spot compact refrigerator is 2x + 7p – 1760 = 0, where x is the…

A: The demand equation 2x + 7p – 1760 = 0 The supply equation  3x – 56p + 2680 = 0

Q: In this problem, p is in dollars and x is the number of units. The demand function for a certain…

A: The given demand function for a certain product is p=81-x2 and the supply function is p=x2+2x+69.…

Q: The demand for watches is given by p = 7000 − 2q dollars,and the supply of watches is given by p =…

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Q: The supply function for a product is given by p = q2 + 340, and the demand is given by p + q =…

A: Equilibrium occurs when price equals demand.   Substitute the supply function in the demand function…

Q: The demand for watched is given by p= 7000-2q dollars, and the supply of watches is given by p=…

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Q: Find the consumers' surplus if the demand for an item is given by D(q)=72-q2, assuming supply and…

A: To find the consumer’s surplus.

Q: The supply function for a product is given by  p = q2 + 380,  and the demand is given by  p + q =…

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Q: Given: (x is number of items) Demand function: d(x) = 153.6 – 0.2x² Supply function: s(x) = 0.4x²…

A: Given that d(x)=153.6-0.2x2s(x)=0.4x2To find equilibrium quantityd(x)=s(x) gives…

Q: Find the daily consumer surplus if the demand equation is given by p=−0.3·q+120, and the business…

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Q: 3.   The demand for watches is given by p = 7000 − 2q dollars,and the supply of watches is given by…

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Q: In this problem, p is in dollars and x is the number of units. The demand function for a certain…

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Q: A company operates two plants which manufacture the same item and whose total cost functions are C1…

A: Givne that  The total cost functions  And price  To maximize the profit  To find q1 and q2

Q: The demand function and the supply function of a good are given by:D=14+5p-p² and S=3p -1. %3D Find…

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Q: The demand for watches is given by p = 7000 2q dollars, and the supply of watches is given by p =…

A: At the equilibrium point, the demand function and supply function must be equal.

Q: The supply function of a form is given as p=x^2+4x+5. Find the Producer’s Surplus given that the…

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Q: If the demand equation for a product is = 400 – q? and the supply equation for a product is p= 20q +…

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Q: if the demand function of a firm is QD(P)=5-3p and its supply function is QS(p)=14+6 what is the…

A: QD(P)=5-3p QS(p)=14+6

Q: The supply and demand for a product are given by  2p − q = 50 and pq = 100 + 20q,  respectively.…

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Q: Given the supply and demand functions of good p = x3 + 2xs + 12 p = -x3 – 4xp + 68 Calculate the…

A: At equilibrium, the demand curve crosses the supply curve . Hence, xs=xp=x . The solution of the…

Q: The supply and demand for a product are given by 2p - q = 50 pq = 100 +20q, respectively. Find the…

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Q: Given: (x is number of items) Demand function: d(x) Supply function: s(x) = 0.3x? 352.8 – 0.5x? Find…

A: Equillibrium quantity = 21

Q: Given: (x is number of items) Demand function: d(x) = 202.5 – 0.6x? Supply function: s(x) = 0.3x²…

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Q: Find the equilibrium point for the demand and supply functions D(p)=108 – 11p and S(p) = 70+8p. %3D

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Q: Find the producers’ surplus if the supply function for pork bellies is given (in dollars) byS(q) =…

A: Given, Sq=q52+2q32+50q=16

Q: The supply function for a product is  2p − q − 30 = 0,  while the demand function for the same…

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Q: Find the producers surplus if the supply function for pork bellies is given by the following.…

A: p = S(q)=q7/2+2q5/2+51  Supply and demand are in equilibrium at q=4 Hence, equilibrium price, p =…

Q: The supply function for a product is 2p − q − 10 = 0, while the demand function for the same…

A: The supply function is given by                   2p - q - 10 = 0 and The demand function is given…

Q: If the Supply function is   p= q2+8q+20  and the demand function is p=100-4q-q2  , find the Market…

A: Market equilibrium point is a point  where demand and supply are equal . Supply = demand .

Q: The demand for watches is given by p = 7000 − 2q dollarsand the supply of watches is given by p =…

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Q: The demand for widgets is Q = 20/p. When p=4, the price elasticity of demand . dQ_P is equal to: dp…

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Q: The demand curve for a product is given by q= 120, 000 – 500p and the supply curve is given by q=…

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Q: suppose the supply function for a product is 2p - q - 20 = 0, while the demand function for the same…

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Q: if the demand function of a firm is Qd (p) = 35-7p and its supply function is Qs (p) = 15+3p. what…

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Q: The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related…

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Q: The supply and demand for a product are given by 2p – q = 70 and pq = 200 + 20q, respectively. Find…

A: Supply and demand for a product is given by :                                2p-q=70…

Q: Find the equilibrium point (q,p) for a product whose supply and demand equations are 35q - 2p + 250…

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Q: Find the producers' surplus if the supply function for pork bellies is given by the following. S(q)…

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Q: The supply and demand for a product are given by  2p − q = 70 and pq = 200 + 20q,  respectively.…

A: Consider the given: Supply Function:    2p−q=70Demand Function: pq=200+20q At equilibrium Supply and…

Q: The supply and demand for a product are given by  2p − q = 60 and pq = 1500 + 25q,  respectively.…

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Q: (c) The demand for watches is given by p = 7000 − 2q dollars,and the supply of watches is given by p…

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Q: The CMO of ABC Company presumed that the demand for a Product Y can be modeled by p=80-0.01y where p…

A: Given, Price per unit = p= 80 -0.01y  No. of units = y  Cost of producing y units = C = 6000…

Q: 6. Suppose a certain commodity has supply equation p 8x+25 and demand equation p=-x- 2x+100, where x…

A: 6. Given: Where x is the quantity measured in thousands of units.

Q: A picture frame company is willing to supply æ items for a price, in dollars, of p(x) = 2x + 208,…

A: Market equilibrium point:   The point when supply and demand curves intersect.   The supply and…

Q: The supply and demand for a product are given by  2p − q = 50 and pq = 1500 + 20q,  respectively.…

A:

Q: The supply function for a product is 2p – q - 30 = 0, while the demand function for the same product…

A: The supply and demand function are  2p-q-30=0              ⋯⋯1p+10 q+30=6000  ⋯⋯2   Substitute…

Q: The demand for watches is given by p = 7000 − 2q dollars, and the supply of watches is given by p =…

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Q: if the demand function of a firm is QD (P) = 50 - 3p and its supply function is Qs (P) = 14 + 6p.…

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Q: The supply and demand for a product are given by  2p − q = 90 and pq = 300 + 20q,  respectively.…

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