4. Market research of a product shows that when the price is $2, the demand is 44 units, whilewhen the price is $10, the demand is only 20 units. At $2, a company is willing to supply 20units into the market, while at $10, it is willing to supply 60 units.a. Find the Demand equation.b. Find the Supply equation.Find the equilibrium level of output and price.С.

Answered: Image /qna-images/answer/8232aaa6-95fb-404d-8a5a-034a513eefa1.jpg

Answered: 4. Market research of a product shows…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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The teenage birthrate in the United States has declined since 1995 as shown to the right. Let B be the American teenage birthrate (number of births per 1000 women ages 15-19) at t years since 1995. a. Find an equation of a linear model to describe the data. b. Predict the teenage birthrate in 2020. Then predict the number of births to women in 2020, assuming that there will be 11,007,000 women ages 15-19 in that year. c. Predict in which years the birthrate will be less than 11.4 births per 1000 women ages 15-19. Birthrate (number of births per 1000 women ages 15-19) Year 1995 56.0 2000 47.7 2005 40.5 2010 34.3 2015 24.2 a. Using the points (0,56.0) and (10,40.5), the equation of linear model is B = (Use integers or decimals for any numbers in the expression.) Enter your answer in the answer box and then click Check Answer.
Consider the web model with the supply and demand equations given by Find the intertemporal equilibrium price, and determine the equilibrium rate and its stability.
18. The amount of sugar in a fermenting batch of beer is 5 grams. It decreases with time at a rate of 0.6 grams every 4 days. a) Determine the independent and dependent variable. b) Write the linear equation that describes this situation. c) How long will it take the amount of sugar to reach 3 grams?
a. find the equilibrium point (both the p and q) b. find new equilibrium point with a $0.40 tax imposed on the suplier (both p and q)
Find the point of equilibrium for the following supply and demand equations where ? is number of units and ? is the price per unit. Demand: ?=74−0.000030?=74−0.000030q Supply: ?=43+0.000280?=43+0.000280q Number of units for equilibrium = Price per unit at equilibrium =
The supply and demand equations for a particular product are p= 80 + 0.18q andp= 120−0.22q,respectively, whereprepresents the price per unit in dollars and q represents the quantity of units sold per timeperiod. Find the equilibrium pricepand quantity q.
Find the equilibrium point if the demand equation for a product is p- 0-3 and the supply equation is 80 p = p=-4; q=-20 p=1; q=80 p=2; q=40 385) O p=2; q=100 p=-7; q=-80 Boş bırak
Pls help with this homework, asking remaining part d & e again. I have already solved part a,b & c. Find the equilibrium price and quantity for each of the following pairs of demand and supply functions.
8. A new car tends to depreciate in value more quickly during the first couple of years and then at a more gradual rate afterwards. Suppose that a 2017 Toyota Prius has a value of $18,000 on January 1, 2019. If it then begins to depreciate in value $1,500 per year, find a) The linear equation for the value of the car years after 2019. V b) The slope of the equation is of the car decreases c) Find the value of the car in 2022. and means for each year past 2019, the value and in 2027
Exercise is attached. p = price q = quantity Thanks a lot :)

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