ssume that supply and demand curves for some product are given by d(x) = a – 32² and s(x) = bæ? 2 points] Find the equilibrium price and equilibrium quantity as functions of a and b. 3 points] Compute the total differential of the equilibrium price for small changes in a and b. 3 points] Assume that currently a = 500 and b = 10. Using the total differential from 2(b), by how much does the equilibrium price change approximate if a and b change to 505 and 6, respectively?

Q: II. Obtain the required order or level of derivative. 1. y = 3x5 + 4x³ – 4x + 1, find y" 2. f(x)…

A: Solve differentiate

Q: For the demand equation, use implice deferentiation to find dp/de. 18p + 4p +3-x

A: Since you have asked multiple question, we will solve the first question for you as per our guide…

Q: A particular radioactive isotope has a half-life of 400 years. The time required for only A% of the…

A: The half-life of the radioactive element is the time during which half of the radioactive element…

Q: Given the function fx) = 2x² + 3x + 1, Find the instantaneous rate of change when x = 1. Find the…

A:

Q: 2. A photographer uses a light meter to measure the intensity of light from a flash bulb. The…

A: According to giver that. The intensity for the flash bulb, 2. measured in function of the distance…

Q: The distance between the two cars is decreasing at a rate of ___km/h when tansy’s car is 6km from…

A: Speed is a concept in motion that is all about how slow or fast an object travels. Relation between…

Q: The yearly demand function for Penn State Bakery cookie trays is given by x² + 3p² + 5x + 6p = 195…

A:

Q: Suppose a company has fixed costs of $300 and variable cost per unit of 2x +1460 dollars, where is…

A:

Q: Let C(A) be the cost of building a house as a function of the house's area (in square feet). It…

A: 1)  C'(A) will tell us the change in cost per change in area.  So, C'(A) should have unit as $ per…

Q: Q3) The component of national economy is as follows: Y= 5000 C= 1800 T= 1400 C= 500+(1/2)(Y-T) |=…

A:

Q: 6. a) What does it mean if the derivative of a function is always positive? b) Write an equation of…

A:

Q: The heat capacity C(T) of a substance is the amount of energy (in joules) required to raise the…

A: Note- Since you have asked multiple question, we will solve the first question for you. If you want…

Q: For the demand equation x = f (p) = p^2 −4p, answer the following questions. (a) Write down the…

A:

Q: 3) A researcher has collected population data along with time. Afler comparing the populations from…

A: Solution is given below