The supply and demand equations for a given commodity are: p - 2x = 154 = 1000 4p + 5x2 vhere x is number of units and p is price in dollars. Find the price at the point of market equilibrium. D A. $170 O B. $180 O C. $200 D. $160 E. $190

Q: Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand…

A: We are given demand and supply function of a commodity. We have to find the equilibrium quantity and…

Q: Suppose the profit from the sale of x units of a product is P = 6400x – 18x2 - 400. (a) What…

A: Given that: Profit, P(x)=6400x-18x2-400     NOTE: As per our answering guidelines, we can only…

Q: A supply curve for a product is the number of items of the product that can be made available at…

A:

Q: Question 6 options: an excess demand of 20 Blu-ray disc rentals. equilibrium in the rental…

A:

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

A:

Q: The following equations are the demand and supply of a firm. P = 50 -q ( demand equation) P = 10+q(…

A:

Q: Suppose the supply function for a product is 2p -q - 30 = 0, while the demand function for the same…

A: Given that the supply function for a product is 2p-q-30=02p-30=q   q=2p-30    ---1the demand…

Q: The quantity demanded x each month of Russo Espresso Makers is 250 when the unit price p is $170;…

A: Let 'x' be the quantity demanded, and 'p' be the price per unit in $. (a) The demand points are,…

Q: If the supply and demand functions for a commodity are given by 6p -q = 60 and (p + 2)q = 4830…

A: given  6p-q=60.......1           (p+2)q=4830........2from equation  1,   q=6p-60  put in euqation 2

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: A store sells two brands of camping chairs. The store pays $50 for each brand A chair and $100 for…

A: (A) The demand for x will be 689  The demand for y will be 181. We have to find the values of x…