Calculus for Business, Economics, Life Sciences, and Social Sciences - Boston U.
15th Edition
ISBN: 9781323047620
Author: Barnett, Ziegler, Byleen
Publisher: Pearson Education
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Chapter 9, Problem 42RE
(A)
To determine
To find: The equilibrium price
(B)
To determine
To find: The long range equilibrium price
(C)
To determine
To graph: The particular solutions satisfying the initial conditions
(D)
To determine
To discuss: The long-term behavior of the price of the commodity.
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2. The demand and supply functions for seats on a certain weekend bus route are given by
Demand function: P = 58-0.2Q
Supply function: P = 4 +0.1Q
(a) Calculate the equilibrium price and quantity. Plot the demand and supply functions and
illustrate consumer and producer surplus at equilibrium.
(b) Calculate:
(i) The amount consumers pay for bus journeys at equilibrium.
(ii) The amount consumers are willing to pay for bus journeys up to equilibrium.
(iii) The consumer surplus (CS); hence, show that the CS = (ii) - (i).
(c) Calculate:
(i) The amount the producer (bus company) receives for bus journeys at equilibrium.
(ii) The amount the producer is willing to accept for bus journeys up to equilibrium.
(iii) The producer surplus (PS); hence, show that the PS = (i) - (ii).
Let the supply and demand for bananas in cents per pound be given by the equations below.
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(a) Graph these equations on the same axes.
(b) Find the equilibrium quantity.
(c) Find the equilibrium price.
(d) At a price of 34 cents per pound, is there a surplus or a shortage of supply?
(a) Choose the correct graph below.
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The equilibrium point is
Chapter 9 Solutions
Calculus for Business, Economics, Life Sciences, and Social Sciences - Boston U.
Ch. 9.1 - Show that y=Cx+1 is the general solution of the...Ch. 9.1 - Prob. 2MPCh. 9.1 - Prob. 3MPCh. 9.1 - Prob. 4MPCh. 9.1 - Prob. 5MPCh. 9.1 - Prob. 1EDCh. 9.1 - Prob. 2EDCh. 9.1 - Prob. 1ECh. 9.1 - Prob. 2ECh. 9.1 - Prob. 3E
Ch. 9.1 - Prob. 4ECh. 9.1 - Prob. 5ECh. 9.1 - Prob. 6ECh. 9.1 - Prob. 7ECh. 9.1 - Prob. 8ECh. 9.1 - In Problems 110, find the derivative. (If...Ch. 9.1 - Prob. 10ECh. 9.1 - Prob. 11ECh. 9.1 - In Problems 1120, show that the given function is...Ch. 9.1 - Prob. 13ECh. 9.1 - Prob. 14ECh. 9.1 - Prob. 15ECh. 9.1 - Prob. 16ECh. 9.1 - Prob. 17ECh. 9.1 - Prob. 18ECh. 9.1 - Prob. 19ECh. 9.1 - Prob. 20ECh. 9.1 - Prob. 21ECh. 9.1 - In Problems 2124, determine which of the slope...Ch. 9.1 - In Problems 2124, determine which of the slope...Ch. 9.1 - Prob. 24ECh. 9.1 - Prob. 25ECh. 9.1 - In Problems 2528, use the appropriate slope...Ch. 9.1 - Prob. 27ECh. 9.1 - Prob. 28ECh. 9.1 - In Problems 2938, show that the given function y...Ch. 9.1 - Prob. 30ECh. 9.1 - Prob. 31ECh. 9.1 - In Problems 2938, show that the given function y...Ch. 9.1 - Prob. 33ECh. 9.1 - Prob. 34ECh. 9.1 - Prob. 35ECh. 9.1 - Prob. 36ECh. 9.1 - Prob. 37ECh. 9.1 - Prob. 38ECh. 9.1 - Prob. 39ECh. 9.1 - Prob. 40ECh. 9.1 - Prob. 41ECh. 9.1 - Prob. 42ECh. 9.1 - Prob. 43ECh. 9.1 - If y is defined implicitly by the given equation,...Ch. 9.1 - Prob. 45ECh. 9.1 - Prob. 46ECh. 9.1 - Prob. 47ECh. 9.1 - Prob. 48ECh. 9.1 - Prob. 49ECh. 9.1 - Prob. 50ECh. 9.1 - Prob. 51ECh. 9.1 - Prob. 52ECh. 9.1 - Prob. 53ECh. 9.1 - Prob. 54ECh. 9.1 - Prob. 55ECh. 9.1 - In Problems 55 and 56, use the general solution y...Ch. 9.1 - Prob. 57ECh. 9.1 - Prob. 58ECh. 9.1 - In Problems 59 and 60, use window dimensions Xmin...Ch. 9.1 - Prob. 60ECh. 9.1 - Prob. 61ECh. 9.1 - Prob. 62ECh. 9.1 - Prob. 63ECh. 9.1 - Prob. 64ECh. 9.1 - Prob. 65ECh. 9.1 - Prob. 66ECh. 9.1 - Rumor spreadGompertz growth model. The rate of...Ch. 9.2 - Solve: y=4x3y2.Ch. 9.2 - Prob. 2MPCh. 9.2 - Repeat Example 3 if the mothballs lose half their...Ch. 9.2 - Prob. 4MPCh. 9.2 - Prob. 5MPCh. 9.2 - Prob. 1EDCh. 9.2 - Prob. 2EDCh. 9.2 - Prob. 1ECh. 9.2 - Prob. 2ECh. 9.2 - Prob. 3ECh. 9.2 - Prob. 4ECh. 9.2 - Prob. 5ECh. 9.2 - In Problems 18, find the most general...Ch. 9.2 - Prob. 7ECh. 9.2 - Prob. 8ECh. 9.2 - Prob. 9ECh. 9.2 - In Problems 912, write a differential equation...Ch. 9.2 - In Problems 912, write a differential equation...Ch. 9.2 - Prob. 12ECh. 9.2 - Prob. 13ECh. 9.2 - Prob. 14ECh. 9.2 - Prob. 15ECh. 9.2 - Prob. 16ECh. 9.2 - Prob. 17ECh. 9.2 - Prob. 18ECh. 9.2 - Prob. 19ECh. 9.2 - Prob. 20ECh. 9.2 - Prob. 21ECh. 9.2 - In Problems 2130, find the general solution for...Ch. 9.2 - Prob. 23ECh. 9.2 - Prob. 24ECh. 9.2 - Prob. 25ECh. 9.2 - In Problems 2130, find the general solution for...Ch. 9.2 - Prob. 27ECh. 9.2 - Prob. 28ECh. 9.2 - In Problems 2130, find the general solution for...Ch. 9.2 - Prob. 30ECh. 9.2 - Prob. 31ECh. 9.2 - Prob. 32ECh. 9.2 - Prob. 33ECh. 9.2 - Prob. 34ECh. 9.2 - Prob. 35ECh. 9.2 - In Problems 3140, find the general solution for...Ch. 9.2 - Prob. 37ECh. 9.2 - Prob. 38ECh. 9.2 - Prob. 39ECh. 9.2 - In Problems 3140, find the general solution for...Ch. 9.2 - Prob. 41ECh. 9.2 - Prob. 42ECh. 9.2 - Prob. 43ECh. 9.2 - Prob. 44ECh. 9.2 - In Problems 4146, find the general solution for...Ch. 9.2 - Prob. 46ECh. 9.2 - Prob. 47ECh. 9.2 - Prob. 48ECh. 9.2 - Prob. 49ECh. 9.2 - Prob. 50ECh. 9.2 - Prob. 51ECh. 9.2 - Prob. 52ECh. 9.2 - Prob. 53ECh. 9.2 - Prob. 54ECh. 9.2 - Prob. 55ECh. 9.2 - Prob. 56ECh. 9.2 - Prob. 57ECh. 9.2 - Prob. 58ECh. 9.2 - Prob. 59ECh. 9.2 - Prob. 60ECh. 9.2 - Advertising. A company is using radio advertising...Ch. 9.2 - Prob. 62ECh. 9.2 - Prob. 63ECh. 9.2 - Prob. 64ECh. 9.2 - Prob. 65ECh. 9.2 - Prob. 66ECh. 9.2 - Prob. 67ECh. 9.2 - Prob. 68ECh. 9.2 - Prob. 69ECh. 9.2 - Prob. 70ECh. 9.2 - Prob. 71ECh. 9.2 - Prob. 72ECh. 9.2 - Newtons law of cooling states that the rate of...Ch. 9.2 - Prob. 74ECh. 9.2 - Population growth. A culture of bacteria is...Ch. 9.2 - Prob. 76ECh. 9.2 - Prob. 77ECh. 9.2 - Prob. 78ECh. 9.2 - Prob. 79ECh. 9.2 - Prob. 80ECh. 9.2 - Prob. 81ECh. 9.2 - Learning. The number of words per minute. N, a...Ch. 9.2 - Prob. 83ECh. 9.3 - Solve:xy+3y=4x.Ch. 9.3 - Prob. 2MPCh. 9.3 - Repeat Example 3 if the account earns 5%...Ch. 9.3 - If D = 70 + 2p(t) + 2p(t), S = 30 + 6p(t) + 3p(t)....Ch. 9.3 - Repeat Example 5 if water is released from the...Ch. 9.3 - Prob. 1EDCh. 9.3 - Prob. 2EDCh. 9.3 - Prob. 1ECh. 9.3 - Prob. 2ECh. 9.3 - Prob. 3ECh. 9.3 - Prob. 4ECh. 9.3 - Prob. 5ECh. 9.3 - Prob. 6ECh. 9.3 - Prob. 7ECh. 9.3 - Prob. 8ECh. 9.3 - Prob. 9ECh. 9.3 - Prob. 10ECh. 9.3 - Prob. 11ECh. 9.3 - Prob. 12ECh. 9.3 - Prob. 13ECh. 9.3 - Prob. 14ECh. 9.3 - Prob. 15ECh. 9.3 - Prob. 16ECh. 9.3 - Prob. 17ECh. 9.3 - Prob. 18ECh. 9.3 - Prob. 19ECh. 9.3 - Prob. 20ECh. 9.3 - Prob. 21ECh. 9.3 - Prob. 22ECh. 9.3 - Prob. 23ECh. 9.3 - In Problems 2334, find the integrating factor, the...Ch. 9.3 - Prob. 25ECh. 9.3 - In Problems 2334, find the integrating factor, the...Ch. 9.3 - Prob. 27ECh. 9.3 - Prob. 28ECh. 9.3 - In Problems 2334, find the integrating factor, the...Ch. 9.3 - Prob. 30ECh. 9.3 - Prob. 31ECh. 9.3 - Prob. 32ECh. 9.3 - Prob. 33ECh. 9.3 - In Problems 2334, find the integrating factor, the...Ch. 9.3 - Prob. 35ECh. 9.3 - Prob. 36ECh. 9.3 - Prob. 37ECh. 9.3 - Prob. 38ECh. 9.3 - In Problems 3514, find the integrating factor fix...Ch. 9.3 - In Problems 3514, find the integrating factor fix...Ch. 9.3 - Prob. 41ECh. 9.3 - Prob. 42ECh. 9.3 - Prob. 43ECh. 9.3 - Prob. 44ECh. 9.3 - Prob. 45ECh. 9.3 - Prob. 46ECh. 9.3 - Prob. 47ECh. 9.3 - Prob. 48ECh. 9.3 - Prob. 49ECh. 9.3 - Prob. 50ECh. 9.3 - Prob. 51ECh. 9.3 - Prob. 52ECh. 9.3 - Prob. 53ECh. 9.3 - Prob. 54ECh. 9.3 - Prob. 55ECh. 9.3 - Prob. 56ECh. 9.3 - Prob. 57ECh. 9.3 - Prob. 58ECh. 9.3 - Prob. 59ECh. 9.3 - Prob. 60ECh. 9.3 - Prob. 61ECh. 9.3 - Prob. 62ECh. 9.3 - Prob. 63ECh. 9.3 - Prob. 64ECh. 9.3 - Prob. 65ECh. 9.3 - Prob. 66ECh. 9.3 - Supply-demand. The supply S and demand D for a...Ch. 9.3 - Prob. 68ECh. 9.3 - Pollution. A 1,000-gallon holding tank contains...Ch. 9.3 - Pollution. Rework Problem 69 if water is entering...Ch. 9.3 - Pollution. Rework Problem 69 if water is entering...Ch. 9.3 - Prob. 72ECh. 9.3 - Pollution. Refer to Problem 69. When will the tank...Ch. 9.3 - Prob. 74ECh. 9.3 - Prob. 75ECh. 9.3 - Prob. 76ECh. 9.3 - Prob. 77ECh. 9.3 - In an article in the College Mathematics Journal...Ch. 9.3 - Prob. 79ECh. 9.3 - In 1960, William K. Estes proposed the following...Ch. 9 - In Problems 1 and 2, show that the given function...Ch. 9 - In Problems 1 and 2, show that the given function...Ch. 9 - In Problems 3 and 4, determine which of the...Ch. 9 - In Problems 3 and 4, determine which of the...Ch. 9 - In Problems 5 and 6, use the appropriate slope...Ch. 9 - In Problems 5 and 6, use the appropriate slope...Ch. 9 - In Problems 7 and 8, write a differential equation...Ch. 9 - In Problems 7 and 8, write a differential equation...Ch. 9 - In Problems 9 and 10, describe in words the rate...Ch. 9 - In Problems 9 and 10, describe in words the rate...Ch. 9 - In Problems 1116, determine whether the...Ch. 9 - In Problems 1116, determine whether the...Ch. 9 - In Problems 1116, determine whether the...Ch. 9 - In Problems 1116, determine whether the...Ch. 9 - In Problems 1116, determine whether the...Ch. 9 - Prob. 16RECh. 9 - In Problems 1724, find the general solution....Ch. 9 - In Problems 1724, find the general solution....Ch. 9 - In Problems 1724, find the general solution....Ch. 9 - In Problems 1724, find the general solution....Ch. 9 - In Problems 1724, find the general solution....Ch. 9 - In Problems 1724, find the general solution....Ch. 9 - Prob. 23RECh. 9 - In Problems 1724, find the general solution....Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - In Problems, 2532, find the particular solution...Ch. 9 - Solve the following differential equation two...Ch. 9 - Give an example of an equation that can be solved...Ch. 9 - Prob. 35RECh. 9 - Prob. 36RECh. 9 - Prob. 37RECh. 9 - Prob. 38RECh. 9 - Prob. 39RECh. 9 - Prob. 40RECh. 9 - Prob. 41RECh. 9 - Prob. 42RECh. 9 - Prob. 43RECh. 9 - Prob. 44RECh. 9 - Prob. 45RECh. 9 - Prob. 46RECh. 9 - Prob. 47RECh. 9 - Rumor spread. A single individual starts a rumor...
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