Homework Help is Here – Start Your Trial Now!
Business
Economics
37) The demand function for a certain commodity is given by the function p = 100e-q/2. (p is the price per unit and q is the number of units.) At what price per unit will the quantity demanded equal 8 units? (Round your answer to the nearest cent.) 37)

37) The demand function for a certain commodity is given by the function p = 100e-q/2. (p is the price per unit and q is the number of units.) At what price per unit will the quantity demanded equal 8 units? (Round your answer to the nearest cent.) 37)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
See similar textbooks
icon
Related questions
Question

#37 

answer is 1.83

< > a learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com + Bb 1 Yuzu Reader: CUSTOM: San Jacinto College Central SPCH 1321 Business & Professional Speech Communic. b My Questions | bartleby https://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5d44406cac91b/274716827?X-BI. Solve the equation. 34) 10000 = 1500e0.15x 34) Solve the equation by expressing each side as a power of the same base and then equating exponents. 1 35)47 - Зх) — 16 35) Solve. 36) The sales decay for a product is given by S = 70000e-0.8x where S is the monthly sales and x is the number of months that have passed since the end of a promotional campaign. 36) How many months after the end of the campaign will sales drop below 1000, if no new campaign is initiated? Round your answers to two decimal places.) 100е-92. (р is 37) The demand function for a certain commodity is given by the function p the price per unit and q is the number of units.) At what price per unit will the quantity demanded equal 8 units? (Round your answer to the nearest cent.) 37) Solve the problem. Round to the nearest cent. 38) $3180 is invest for 9 months at an annual simple interest rate of 7%. How much interest 38) will be earned? 39) What lump sum do parents need to deposit in an account earning 7%, compounded monthly, so that it will grow to $100000 for their son's college tuition in 15 years? (Round your answer to the nearest cent.) 39) 40) What is the compound interest if $460 is invested for 5 years at 8% compounded continuously? (Round your answer to the nearest cent.) 40) 41) Find the future value of an annuity of $1300 paid at the end of each year for 10 years, if interest is earned at a rate of 6%, compounded annually. (Round your answer to the nearest cent.) 41)
Transcribed Image Text:< > a learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com + Bb 1 Yuzu Reader: CUSTOM: San Jacinto College Central SPCH 1321 Business & Professional Speech Communic. b My Questions | bartleby https://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5d44406cac91b/274716827?X-BI. Solve the equation. 34) 10000 = 1500e0.15x 34) Solve the equation by expressing each side as a power of the same base and then equating exponents. 1 35)47 - Зх) — 16 35) Solve. 36) The sales decay for a product is given by S = 70000e-0.8x where S is the monthly sales and x is the number of months that have passed since the end of a promotional campaign. 36) How many months after the end of the campaign will sales drop below 1000, if no new campaign is initiated? Round your answers to two decimal places.) 100е-92. (р is 37) The demand function for a certain commodity is given by the function p the price per unit and q is the number of units.) At what price per unit will the quantity demanded equal 8 units? (Round your answer to the nearest cent.) 37) Solve the problem. Round to the nearest cent. 38) $3180 is invest for 9 months at an annual simple interest rate of 7%. How much interest 38) will be earned? 39) What lump sum do parents need to deposit in an account earning 7%, compounded monthly, so that it will grow to $100000 for their son's college tuition in 15 years? (Round your answer to the nearest cent.) 39) 40) What is the compound interest if $460 is invested for 5 years at 8% compounded continuously? (Round your answer to the nearest cent.) 40) 41) Find the future value of an annuity of $1300 paid at the end of each year for 10 years, if interest is earned at a rate of 6%, compounded annually. (Round your answer to the nearest cent.) 41)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Depletion Allowance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS