Suppose a certain home improvement outlet knows that the monthly demand for framing studs is 2,500 when the price is $4.75 each but that the demand is 3,900 when the price is $4.05 each. Assuming that the demand function is linear, write its equation. Use p for price (in dollars) and q for quantity.

Q: Given the demand equation = 220 - 0.55x . find the ma revenue at a prouduetion level.of go umits…

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Q: following P and Q combination. (0,25),(1,20),(2,15),(3,10),(4,5) and using the equation of a line,…

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Q: How much of the variation in prices are explained by these characteristics?

A: The variability in the response variable that is explained by the explanatory variables is…

Q: 4 C. B 10 20 30 40 Quantity Price

A: Given Graph        To find:- The slope (ms) and the supply function thru the given supply curve

Q: The demand curve of a manufacturer is p = 1200 - 3q, where p is the price in dollars per unit and q…

A: Given Data: Let us consider the given the demand curve of a manufacturer is p = 1200 - 3q. where, p…

Q: A vendor charges $43 for a jacket. What is the demand function?

A: The vendor charges the jacket at $43.

Q: A mobile plan charges a base monthly rate of $10 for the first 500 minutes of air time plus a charge…

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Q: If y = x* - 4x° - 8x², the points at which the tangent to the curve is parallel to the x-axis are A.…

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Q: You sell candy at an event to make money.  When candy are sold for $1.10 per bag, approximately 625…

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Q: A network server has an original value of 10, 000 and is to be depreciated linearly over 5 years…

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Q: The monthly payment p on a mortgage varies directly with the amount borrowed b. Suppose that you…

A: Given, Monthly payment(p)= $907.9 Amount borrowed(b)= $190000 r= 0.04/12= 1/300 (Since monthly…

Q: A candy producer charges $4 for its special lollipop. It costs them $1.50 to produce each lollipop.…

A: A. The producer's weekly cost function can be expressed as follows: C(x) = (cost to produce each…

Q: Get the:  1. Revenue function  2. Demand function

A: To find out the revenue function and demand function by using the marginal revenue function.

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.