The following equations are the demand and supply of a firm. P = 50 -q ( demand equation) P = 10+q( supply equation) 1. Calculate the equilibrium price and quantity algebraicall 2.Show the equilibrium quantities ( price and quantity) in a graph

Q: Television Advertising   As Sales Manager for Montevideo Productions, Inc., you are planning to…

A: Given Currently charge each client an hourly development fee = $2,900 Number of contracts  = 21 Down…

Q: Let the supply and demand for bananas in cents per pound be given by the equations below. supply: p…

A: Since multiple subparts are asked,I am answering the first 3 subparts.

Q: Television Advertising   As Sales Manager for Montevideo Productions, Inc., you are planning to…

A: Given: Current development fee is $2400 per hour, the number of contracts signed per month, is 6…

Q: The supply and demand equations for a given commodity are: p - 2x = 154 = 1000 4p + 5x2 vhere x is…

A: p-2x=154            (1)4p+5x2=1000            (2)                    Put p=2x+154   in equation…

Q: Television Advertising As Sales Manager for Montevideo Productions, Inc., you are planning to review…

A: We are authorized to answer three subparts at a time, since you have not mentioned which part you…

Q: Suppose the supply for a certain textbook is given by p and demand is given by p graph of these…

A: At equilibrium, The price from both equation of supply and demand must be equal.

Q: Express Montevideo Productions' monthly profit as a function of the hourly development fee p. P(P) =…

A: We have to solve the part (d).

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.