Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p = q + 20g Demand: p= - 4g + 10q + 13,000 The equilibrium quantity is q = (Round to the nearest whole number as needed.) The equilibrium price is p= $ (Round to the nearest dollar as needed.)

Q: The Gifts Galore Catalog Company estimates the demand equation for its portable video…

A: Equilibrium is when demand and supply are equal. That is, Demand =supply

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A:

Q: Finbar bought his home for $150,000 in 2010. Property values have increased 10% every year since he…

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Q: Basic illustration corp. produces and sells product X. The selling price is 25 and the variable cost…

A: Before the selling price and variable cost is P40 and the sales is 11000 therefore total sales =…

Q: In the pair of suppy and demand equations below, x represents the quanity demanded in units of a…

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Q: A farmer sells his corn for $220 a metric ton with a small surcharge of $15. His neighbour sells her…

A: for first farmer sells his corn for $220 a metric ton with a small surcharge of $15 C=220x+15

Q: The quantity of supply and demand for Vince Ferguson Bobbleheads is related by the supply equation,?…

A:

Q: Jane Corporation produces model toy cars. Each sells for $27.66. Its variable cost per unit is…

A: Selling cost of each toy = $27.66Variable cost per unit = $15.13Fixed cost = $350,840

Q: If the demand function is  p=480-3q and the supply function is  p=17q+80  Find the equilibrium…

A: Proceed as shown below...

Q: Gordon borrowed $420 from Lyn and agreed to pay her back $24 every month. Write a formula (linear…

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A: A geometric series is a sequence of numbers in which the ratio of any two consecutive numbers is…

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A:

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.