Q5 a. Estimate the equlibrium price and quantity of the market whose demand and supply functions are pa = -(q + 4)? + 100 and p, = (q + 2) respectively. 2 A Showing all supporting working: b. If the region A (shaded grey) in the diagram above represents a solution set, derive the system of inequalities which define that region. END OF ASSIGNMENT
Q5 a. Estimate the equlibrium price and quantity of the market whose demand and supply functions are pa = -(q + 4)? + 100 and p, = (q + 2) respectively. 2 A Showing all supporting working: b. If the region A (shaded grey) in the diagram above represents a solution set, derive the system of inequalities which define that region. END OF ASSIGNMENT
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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question 5Estimate the equlibrium price and quantity of the market whose demand and supply functions
are pd = −(q + 4)2 + 100 and ps = (q + 2) 2 respectively. Showing all supporting working:
- If the region A (shaded grey) in the diagram above represents a solution set, derive
the system of inequalities which define that region.
Transcribed Image Text:Q5
a. Estimate the equlibrium price and quantity of the market whose demand and supply functions
are pa = -(q + 4)? + 100 and p, = (q + 2) respectively.
2 A
Showing all supporting working:
b. If the region A (shaded grey) in the diagram above represents a solution set, derive
the system of inequalities which define that region.
END OF ASSIGNMENT
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