Algebra and Trigonometry: Structure and Method, Book 2
Algebra and Trigonometry: Structure and Method, Book 2
2000th Edition
ISBN: 9780395977255
Author: MCDOUGAL LITTEL
Publisher: McDougal Littell
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Chapter 3.6, Problem 19P

a.

To determine

To graph: Plot the graph of C= 0. 3x +3.5

And R = 0. 5x

a.

Expert Solution
Check Mark

Explanation of Solution

Given Information:To Plot the graph of S= 0. 3p +3 and D = -0. 5p + 9on the same coordinate plane taking S and D on vertical axis and pon horizontal axis.

Graph:

  Algebra and Trigonometry: Structure and Method, Book 2, Chapter 3.6, Problem 19P

Interpretation: In the graph above, the red-colored line is the plot of S= 0. 3p +3

And the blue coloured line is the plot of D = -0. 5p +9

b.

To determine

To Find: The price at which D=S (Equilibrium Price).

b.

Expert Solution
Check Mark

Answer to Problem 19P

The price at which D=S is$7.5

Explanation of Solution

Given Information: It is given that

S= 0. 3p +3 .........(1)

And Demand (in thousands of units) is given by

D= -0. 5p + 9 .........(2)

Calculation: Since it is given that D=S

So , 0. 3p +3 = -0. 5p + 9

Or 0. 8p = 6

p = 7.5

c.

To determine

To Find:The effect when prices greater than the equilibrium price

c.

Expert Solution
Check Mark

Answer to Problem 19P

At the prices greater than this price, the supply will become greater than demand.

Explanation of Solution

Given Information: It is given that S= 0. 3p +3 and D= -0. 5p+ 9

Calculation: We can see from the graph plotted in subpart (a) that the supply is greater than the demand when the price exceeds the equilibrium price.

And when the supply exceeds the demand it becomes a situation of economic surplus.

Chapter 3 Solutions

Algebra and Trigonometry: Structure and Method, Book 2

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Prob. 18WECh. 3.5 - Prob. 19WECh. 3.5 - Prob. 20WECh. 3.5 - Prob. 21WECh. 3.5 - Prob. 22WECh. 3.5 - Prob. 23WECh. 3.5 - Prob. 24WECh. 3.5 - Prob. 25WECh. 3.5 - Prob. 26WECh. 3.5 - Prob. 27WECh. 3.5 - Prob. 28WECh. 3.5 - Prob. 29WECh. 3.5 - Prob. 30WECh. 3.5 - Prob. 31WECh. 3.5 - Prob. 32WECh. 3.5 - Prob. 33WECh. 3.5 - Prob. 34WECh. 3.5 - Prob. 35WECh. 3.5 - Prob. 36WECh. 3.5 - Prob. 37WECh. 3.5 - Prob. 38WECh. 3.5 - Prob. 39WECh. 3.5 - Prob. 40WECh. 3.5 - Prob. 41WECh. 3.5 - Prob. 42WECh. 3.5 - Prob. 43WECh. 3.5 - Prob. 1MRECh. 3.5 - Prob. 2MRECh. 3.5 - Prob. 3MRECh. 3.5 - Prob. 4MRECh. 3.5 - Prob. 5MRECh. 3.5 - Prob. 6MRECh. 3.5 - Prob. 7MRECh. 3.5 - Prob. 8MRECh. 3.5 - Prob. 9MRECh. 3.5 - Prob. 10MRECh. 3.5 - Prob. 11MRECh. 3.5 - Prob. 12MRECh. 3.6 - Prob. 1PCh. 3.6 - Prob. 2PCh. 3.6 - Prob. 3PCh. 3.6 - Prob. 4PCh. 3.6 - Prob. 5PCh. 3.6 - Prob. 6PCh. 3.6 - Prob. 7PCh. 3.6 - Prob. 8PCh. 3.6 - Prob. 9PCh. 3.6 - Prob. 10PCh. 3.6 - Prob. 11PCh. 3.6 - Prob. 12PCh. 3.6 - Prob. 13PCh. 3.6 - 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Prob. 2MRECh. 3.9 - Prob. 3MRECh. 3.9 - Prob. 4MRECh. 3.9 - Prob. 5MRECh. 3.9 - Prob. 6MRECh. 3.9 - Prob. 7MRECh. 3.9 - Prob. 8MRECh. 3.9 - Prob. 9MRECh. 3.9 - Prob. 10MRECh. 3.9 - Prob. 11MRECh. 3.9 - Prob. 12MRECh. 3.9 - Prob. 13MRECh. 3.10 - Prob. 1OECh. 3.10 - Prob. 2OECh. 3.10 - Prob. 3OECh. 3.10 - Prob. 4OECh. 3.10 - Prob. 5OECh. 3.10 - Prob. 6OECh. 3.10 - Prob. 7OECh. 3.10 - Prob. 8OECh. 3.10 - Prob. 9OECh. 3.10 - Prob. 10OECh. 3.10 - Prob. 11OECh. 3.10 - Prob. 12OECh. 3.10 - Prob. 13OECh. 3.10 - Prob. 14OECh. 3.10 - Prob. 15OECh. 3.10 - Prob. 16OECh. 3.10 - Prob. 17OECh. 3.10 - Prob. 18OECh. 3.10 - Prob. 19OECh. 3.10 - Prob. 20OECh. 3.10 - Prob. 21OECh. 3.10 - Prob. 22OECh. 3.10 - Prob. 23OECh. 3.10 - Prob. 24OECh. 3.10 - Prob. 1WECh. 3.10 - Prob. 2WECh. 3.10 - Prob. 3WECh. 3.10 - Prob. 4WECh. 3.10 - Prob. 5WECh. 3.10 - Prob. 6WECh. 3.10 - Prob. 7WECh. 3.10 - Prob. 8WECh. 3.10 - Prob. 9WECh. 3.10 - Prob. 10WECh. 3.10 - Prob. 11WECh. 3.10 - Prob. 12WECh. 3.10 - Prob. 13WECh. 3.10 - Prob. 14WECh. 3.10 - Prob. 15WECh. 3.10 - Prob. 16WECh. 3.10 - Prob. 17WECh. 3.10 - Prob. 18WECh. 3.10 - Prob. 19WECh. 3.10 - Prob. 20WECh. 3.10 - Prob. 21WECh. 3.10 - Prob. 22WECh. 3.10 - Prob. 23WECh. 3.10 - Prob. 24WECh. 3.10 - Prob. 25WECh. 3.10 - Prob. 26WECh. 3.10 - Prob. 27WECh. 3.10 - Prob. 28WECh. 3.10 - Prob. 29WECh. 3.10 - Prob. 30WECh. 3.10 - Prob. 31WECh. 3.10 - Prob. 32WECh. 3.10 - Prob. 33WECh. 3.10 - Prob. 34WECh. 3.10 - Prob. 35WECh. 3.10 - Prob. 36WECh. 3.10 - Prob. 37WECh. 3.10 - Prob. 1STCh. 3.10 - Prob. 2STCh. 3.10 - Prob. 3STCh. 3.10 - Prob. 4STCh. 3.10 - Prob. 5STCh. 3.10 - Prob. 6STCh. 3.10 - Prob. 7STCh. 3.10 - Prob. 8STCh. 3.10 - Prob. 9STCh. 3.10 - Prob. 1ECh. 3.10 - Prob. 2ECh. 3.10 - Prob. 3ECh. 3.10 - Prob. 4ECh. 3.10 - Prob. 5ECh. 3 - Prob. 1CRCh. 3 - Prob. 2CRCh. 3 - Prob. 3CRCh. 3 - Prob. 4CRCh. 3 - Prob. 5CRCh. 3 - Prob. 6CRCh. 3 - Prob. 7CRCh. 3 - Prob. 8CRCh. 3 - Prob. 9CRCh. 3 - Prob. 10CRCh. 3 - Prob. 11CRCh. 3 - Prob. 12CRCh. 3 - Prob. 13CRCh. 3 - Prob. 14CRCh. 3 - Prob. 15CRCh. 3 - Prob. 16CRCh. 3 - Prob. 17CRCh. 3 - Prob. 18CRCh. 3 - Prob. 1CTCh. 3 - Prob. 2CTCh. 3 - Prob. 3CTCh. 3 - Prob. 4CTCh. 3 - Prob. 5CTCh. 3 - Prob. 6CTCh. 3 - Prob. 7CTCh. 3 - Prob. 8CTCh. 3 - Prob. 9CTCh. 3 - Prob. 10CTCh. 3 - Prob. 11CTCh. 3 - Prob. 12CTCh. 3 - Prob. 13CTCh. 3 - Prob. 14CTCh. 3 - Prob. 15CTCh. 3 - Prob. 16CTCh. 3 - Prob. 1CLRCh. 3 - Prob. 2CLRCh. 3 - Prob. 3CLRCh. 3 - Prob. 4CLRCh. 3 - Prob. 5CLRCh. 3 - Prob. 6CLRCh. 3 - Prob. 7CLRCh. 3 - Prob. 8CLRCh. 3 - Prob. 9CLRCh. 3 - Prob. 10CLRCh. 3 - Prob. 11CLRCh. 3 - Prob. 12CLRCh. 3 - Prob. 13CLRCh. 3 - Prob. 14CLRCh. 3 - Prob. 15CLRCh. 3 - Prob. 16CLRCh. 3 - Prob. 17CLRCh. 3 - Prob. 18CLRCh. 3 - Prob. 19CLRCh. 3 - Prob. 20CLRCh. 3 - Prob. 21CLRCh. 3 - Prob. 22CLRCh. 3 - Prob. 23CLRCh. 3 - Prob. 24CLRCh. 3 - Prob. 25CLRCh. 3 - Prob. 26CLRCh. 3 - Prob. 27CLRCh. 3 - Prob. 28CLR
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