At a price of $180 there is demand for 2520 items and a supply of 1440 items. At a price of $330 there is demand for 1470 items and a supply of 2640 items. Assuming supply and demand are linear, find the equilibrium price and quantity.

Answers

Answer 1

Assuming supply and demand are linear, the equilibrium price is equal to $252 and the equilibrium quantity is equal to 2,016 items.

What is a linear function?

A linear function can be defined as a type of function whose equation is graphically represented by a straight line on the cartesian coordinate.

First of all, we would determine a linear function for both supply and demand by finding the slope using this formula as follows:

[tex]Slope,\;m = \frac{Change\;in\;y\;axis}{Change\;in\;x\;axis}\\\\Slope,\;m = \frac{y_2\;-\;y_1}{x_2\;-\;x_1}[/tex]

Note: price (p) in dollars would be the output and quantity (q) would be the input.

For supply, the points include the following:

Points (p, q) = (1,440, 180).Points (p, q) = (2640, 330).

Slope, m = (330 - 180)/(2640 - 1440)

Slope, m = 150/1200

Slope, m = 1/8.

Next, we would find the y-intercept at (1,440, 180):

p = qm + c

180 = 1/8(1440) + c

180 = 180 + c

c = 0.

Therefore, the supply equation is p = q/8.

For demand, the points include the following:

Points (p, q) = (2,520, 180).Points (p, q) = (1,470, 330).

Slope, m = (330 - 180)/(1,470 - 2,520)

Slope, m = 150/-1,050

Slope, m = -1/7.

Next, we would find the y-intercept at (2,520, 180):

p = qm + c

180 = -1/7(2,520) + c

180 = -360 + c

c = 180 + 360.

y-intercept, c = 540.

Therefore, the demand equation is p = -q/7 + 540.

In order to find the equilibrium price and quantity, we would set the supply equal to the demand:

q/8 = -q/7 + 540

Multiplying all through by 56, we have:

7q = -8q + 30,240

15q = 30,240

q = 30,240/15

Equilibrium quantity, q = 2,016 items.

For the equilibrium price, we have:

p = q/8

p = 2,016/8

Equilibrium price, p = $252.

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Related Questions

a number z is divided by four added to one in mathematical translate?​

Answers

[tex]\displaystyle\\Answer:\ \frac{z}{4} +1[/tex]

Elizabeth has 4 boxes of 100 toys and 3 toys that aren't in boxes. How many toys does she
have?

Answers

She has 403 right? It’s the only thing that makes sense

Answer:

Elizabeth has 403 toys.

Step-by-step explanation:

The main goal is to figure out how many toys Elizabeth has. So she has 4 boxes and each box has 100 toys. If she has 4 boxes of 100 it mean she have 400 toys but that's not the final answer. she also has 3 toys not in the boxes so we have to add that as well. So if we add 3 toys to the 400 toys we'd get a total of 403. Therefore Elizabeth has 403 toys and that would be our final answer.

I hope this helps, have a blessed day! :D

last question is How many people carried a tablet but not a cell
phone?

Answers

Answer:

No.1 is 89 No.2 is 11 No.3 is 60 and the last one is 29

Which of the following statements models deductive reasoning?

I own a mean cat. My friend Lisa owns a mean cat. Therefore, all cats are mean.

People who follow a vegan diet do not eat steak. Mindy follows a vegan diet. Therefore, Mindy does not eat steak.

There has been a hurricane in Florida every August for the past two years. Therefore, there will be a hurricane in Florida in August this year.

Every test in Mr. Johnson’s class this year has been easy. Therefore the test in Mr. Johnson’s class today will be easy.

Answers

Answer:

B.

Step-by-step explanation:

Vegans by definition do not eat any products containing the meat of an animal. Therefore if Mindy truly follows a vegan diet, she would not eat steak.

Answer:People who follow a vegan diet do not eat steak. Mindy follows a vegan diet. Therefore, Mindy does not eat steak.

Step-by-step explanation:

Because deductive reasoning is when you make an inference about something. In option 2 they are making an inference that if Mindy does not eat steak she is a vegetarian. They have come to that conclusion by inferring she is a vegetarian because she does not eat steak.


In 2017, U.S. exports to Canada were $39.4 billion more than exports to Mexico. Together,
exports to these two countries totaled $525.4 billion. How much were exports to each
country.

Answers

The exports to each country are:

Exports to Mexico are $243 billion.Exports to Canada are $282.4

What are equations?The equation is described as the state of being equal and is often represented as a math expression with equal values on either side, or it refers to a problem in which many factors must be considered. 2+2 = 3+1 is an example of an equation.

So,

let the exports to Mexico be 'x'.

Exports to Canada will be x + 39.4.

Given:

U.S. exports to Canada were $39.4 billion more than exports to Mexico. Together,Exports to these two countries totaled $525.4 billion.

So, the equation becomes:

x + x + 39.4 = 525.42x + 39.4 = 525.42x = 525.4 - 39.42x = 486x = 243

So, exports to Mexico are 243 billion.

Exports to Canada are 243 + 39.4 = 282.4

Therefore, the exports to each country are:

Exports to Mexico are $243 billion.Exports to Canada are $282.4

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The figure above is the aerial view of a parking lot
where the rectangles represent the entrances and
the circles represent the exits. What is the total 401
number of ways a driver can enter and exit this
parking lot?
A. 4
B. 7
C. 10
D. 12

Answers

Answer:

12

Step-by-step explanation:

There are 4 entrances and 3 exits, and thus 4(3)=12.

21 The average person at rest takes approximately 16 breaths per minute. Approxir many breaths do they take in 70 years of 365 days each? Use a calculator. Write in exponential notation using powers of 10.​

Answers

A person will take 5.88672 × [tex]10^{8}[/tex] breaths in 70 years.

Here, we are given that on average a person at rest takes approximately 16 breaths per minute.

1 hour = 60 minutes

Thus, in 1 hour a person will take-

60 × 16

= 960 breaths

Now, 1 day = 24 hours

Thus, in 1 day, a person will take-

24 × 960

= 23,040 breaths

Further, 1 year = 365 days

Thus, in 1 year, a person will take-

23,040 × 365

= 8,409,600 breaths

In 70 years, a person will take-

8,409,600 × 70

= 588,672,000 breaths

We can express this in exponential notation as-

5.88672 × [tex]10^{8}[/tex]

Thus, a person will take 5.88672 × [tex]10^{8}[/tex] breaths in 70 years.

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Which transformation would take Figure A to Figure B?

Answers

Answer:.......................

Determine the equation for the given line in slope-intercept form.

y=-5/3x-1

y=5/3x+1

y=3/5x+1

y=-3/5x-1

Answers

Answer:

The last answer is correct

y = [tex]\frac{-3}{5 }[/tex] x - 1

Step-by-step explanation:

You can see that the graph crosses the y axis at (0,-1).  So, the graph crosses the y axis at -1.  Count how much you go down and the to right from the point on the left to the point on the right.  You go down 3 and left 5.  This is a negative slope of [tex]\frac{-3}{5}[/tex].

y = mx + b  Put in the slope for m  and the y-intercept by b

y = [tex]\frac{-3}{5}[/tex]x = 1

Complete the equation.
(8 x 3) x 3 =
× (3 x 3)

Answers

Answer:

x=0

Step-by-step explanation:

Use synthetic division to find the quotient and reminder when

X^3 - 7x^2 + 5x + 10 is divided by - 2

Answers

Hence , using synthetic division the quotient and remainder of given equation are x²- 9x + 23  and -36 respectively.

Synthetic division could be a methodology accustomed perform the division operation on polynomials once the divisor could be a linear issue. one in every of the benefits of mistreatment this methodology over the normal long methodology is that the artificial division permits one to calculate while not writing variables whereas performing arts the polynomial division, that additionally makes it a neater methodology compared to the division.

We have given an equation , x³ - 7x² + 5x + 10 which is divided by -2

Steps for using synthetic division are

Step 1 -  Write the coefficients of x within the dividend within associate inverted division image.

                   |  1    -7      5     10

                   |                                            

                   

Step 2 - As provides put = -2  place at the left.

             -  2 |  1    -7      5     10

                   |                                            

                       

Step 3 - Drop the primary constant of the dividend below the division image.

           -    2 |  1    -7      5     10

                   |                                            

                       1

Step 4 - Multiply the result by the constant, and place the merchandise within the next column.

           -   2 |  1    -7      5     10  

                   |        -2                                    

                      1    

Step 5 - Add down the column.

             -  2 |  1    -7      5     10  

                   |        -2                                    

                      1     -9

Step 6 - Repeat Steps Four and 5 till you'll go no further.

            -   2 |  1    -7      5     10  

                   |        -2    18   - 46                        

                      1     -9    23     -36

Hence the quotient is x²- 9x + 23 and remainder is -36

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4²×3³×(-1)¹²² please solve this question tomorrow my exam of maths​

Answers

The value of 4²×3³×(-1)¹²² is 432.

How to find the value of 4²×3³×(-1)¹²²?

When a number is repeatedly multiplied by itself, the result is a power of that number.

A power of the original number would be produced if you multiplied a number by itself any number of times.

When a single number is added up several times, it is said to be multiplied.

given that 4²×3³×(-1)¹²²

now find the value of 4²×3³×(-1)¹²².

= 4 × 4

= 3 × 3 × 3

(-1)¹²² = 1

then, multiply these numbers.16 X 27 X 1 = 432

Hence, the value of 4²×3³×(-1)¹²² is 432.

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branlyueer099799893
3 minutes ago
Mathematics
College
ANSWER RIGHT AWAY PLEASE!
question one: simply the exponents. (show your work)
- 21^0 = ?
- (2/3)^-2 = ?
question two: Solve the problem. (leave your answer as a base number with an exponent and show your work)
- 4^6 / 4^2 = ?
question three: Convert the number into numerical form. (show your work)
- 8.723 x 10^-10 = ?
question four: Solve the problem. (leave your answer in scientific notion and show your work)
- 5.1 x 10^8 - 2.3 x 10^3 = ?
- 6 x 10^5 x 1.1 x 10^7 = ?

PLEASE ANSWER I WILL GIVE 100 POINTS TO ANYONE WHO ANSWERS AND MARK BRAINLIEST AT LEAST ANSWER THE ONES YOU KNOW

Answers

The first one is 90000

help plsssssssssssssssssssssssssssssss

Answers

Answer:

The answer is D

Which of the following is the graph of y = |x-3l?

Answers

Answer:

You only show one answer A. Lucky for you it's the correct one.

Step-by-step explanation:

< Question 7, 1.5.25 >
The line graph to the right indicates that in 1960, 21% of taxes came from corporate income tax. For the period from 1960 through 2010,
this percentage decreased by approximately 0.32 each year. If this trend continues, by which year will corporations pay zero taxes?

Answers

The 21% of taxes and annual percentage decrease of 0.32, using arithmetic progression gives;

The year corporations will pay zero taxes as 2025

How can arithmetic progression be used to find the required year?

The percentage of tax that comes from corporate income tax = 21%

Amount by which the percentage decreased each year = 0.32

Period during which the tax reduced = Between 1960 and 2010

Required;

The year corporations pay zero taxes.

Solution;

The amount of tax paid each year can be given by the arithmetic progression formula,

[tex] a_{n} = a + (n - 1) \cdot d[/tex]

Where;

a = The first term = 21

[tex] a_{n} = value \: on \: the \: nth \: year[/tex]

d = The common difference = -0.32

When [tex] a_{n} = 0 [/tex], we have;

[tex] 0 = 21 + (n - 1) \times (-0.32) [/tex]

0.32•(n - 1) = 21

n - 1 = 21/0.32 = 65.625

n = 65.625 - 1 = 64.625 ≈ 65

The year the corporations will pay no taxes is 1960 + 65 = 2025

Corporations will pay no taxes in the year 2025

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Im struggling on finding the arewa on this and how to give my answer as one decimal can somebody help me please

Answers

Answer:

5.8

Step-by-step explanation:

Area = (h x b)/2

A = (2.5 x 4.6)/2 = 5.75 = 5.8

Absolute value of -3 is

Answers

Answer:

Step-by-step explanation:

The absolute value of -3 is 3.

Answer: 3

Step-by-step explanation:

Write the equation of the quadratic function given vertex V and
point P, which lies on the function. Write the equation in standard
form f(x) = ax2+bx+c.
V (1,-9)
P (0,-8)

Answers

The quadratic equation that passes through points (1, - 9) and (0, - 8) is y = x² - 2 · x - 8.

What is the quadratic equation that passes through two points?

Graphically speaking, quadratic equations are parabolas. The quadratic equation in vertex form is described by this formula:

y - k = C · (x - h)²

Where:

(h, k) - Vertex of the parabola.C - Vertex constant.

If we know that (x, y) = (0, - 8) and (h, k) = (1, - 9), then the vertex constant is:

- 8 + 9 = C · (0 - 1)²

1 = C · (- 1)²

1 = C

C = 1

Then, the quadratic equation in vertex form is:

y + 9 = (x - 1)²

Whose standard form is:

y + 9 = x² - 2 · x + 1

y = x² - 2 · x - 8

The quadratic equation that passes through points (1, - 9) and (0, - 8) is y = x² - 2 · x - 8.

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still trying to find help solving. Today is the last day, can someone help?​

Answers

Answer:wow we have the same homework

Step-by-step explanation:

Hey I was unsure on 4&7 but I did my best. Anything of the style of slopes that said N/A I’ll be honest I didn’t know. I strongly recommend going to your teacher and asking for help if you need it. Also, little tip, the more points you offer for a question (especially one with an entire worksheet), the more likely you are to get answers. I hope I was at least some help :)

The principal interest formula I = Prt can be used to find the interest earned on an initial amount of money, called the
principal, P, given an interest rate, r, and an amount of time over which interest is accrued, t. Solve I = Prt for P when
I = $5,480, r = .04 annual interest, and t 7 years. Round your answer to the nearest hundredth.

PLEASE HELP GUYS

Answers

Answer:

1885.714

Step-by-step explanation:

I = ptr

5280 = 7×0.4×p

p = 5280/2.8

p = 1885.7

Question 3
What is the smallest solution to the equation 14-5x| = 1?
0.6
0-1.0
o 1.0
O 1.6

Answers

Answer:

0.06

Step-by-step explanation:

0x x it expand almost done ✅✅✅

What is the slope of the tangent line for the function f(x)=2x^2-5x+1 at the point (1,-2)

A. -1
B.-9
C. 1
D. 0
E.9

Answers

This is given by the limit

[tex]\displaystyle \lim_{x\to1} \frac{f(x) - f(1)}{x - 1} = \lim_{x\to1} \frac{(2x^2 - 5x+1) - (-2)}{x - 1} = \lim_{x\to1} \frac{2x^2 - 5x + 3}{x - 1}[/tex]

Observe that [tex]2x^2-5x+3=0[/tex] when [tex]x=1[/tex], and factorizing gives

[tex]2x^2 - 5x + 3 = (x - 1) (2x - 3)[/tex]

so that

[tex]\displaystyle \lim_{x\to1} \frac{f(x) - f(1)}{x - 1} = \lim_{x\to1} (2x-3) = 2\cdot1 - 3 = \boxed{-1}[/tex]

(A)

5(g + 8) - 7 = 117 - g

Answers

Answer: g=14

Step-by-step explanation:

5(g + 8) - 7 = 117 - g

5g+40-7=117-g

5g+33=117-g

6g+33=117

6g=84

g=14

[tex]5(g + 8) - 7 = 117 - g[/tex]

[tex]5g + 5 \cdot 8 -7 = 117 -g\\[/tex]

[tex]5g + 40 -7 = 117 -g[/tex]

[tex]6g = 117 - 40 + 7[/tex]

[tex]6g = 84[/tex]

[tex]g = 94 : 6[/tex]

[tex]g = 14[/tex]

Suppose you are heading to the
beach with a friend. The beach is 80
miles from your house and the drive
takes about 1 hour and 30 minutes.
Your friend's house is 64 miles from
the beach. Use direct variation to
determine how long it will take to
drive to the beach if you leave from
your friend's house.

Answers

The time it would take to drive to the beach if you leave from the friend's house is 1 hour 12 minutes

Calculating time

From the question,  we are to calculate how long it would take to drive to the beach if you leave from your friend's house

From the given information,

The beach is 80 miles from your house and the drive takes about 1 hour 30 minutes

Distance, d, varies directly with time, t.

d ∝ t

d = vt

Where v is the proportionality constant.

Now, we will find v

d = 80 miles

t = 1.5 hours = 3/2 hours

Thus,

80 = (3/2)v

v = (2 × 80)/3

v = 160/3 miles/hour

Now, we will determine t when d is 64 miles

d = vt

64 = 160/3 × t

t = (64 × 3)/160

t = 192/160 hours

t = 6/5 hours

t = 1 hour 12 minutes

Hence, the time it would take to drive to the beach if you leave from the friend's house is 1 hour 12 minutes

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A 24 oz bottle of a new soda costs $3.33. What is the unit rate, rounded to the nearest tenth of a cent?

Answers

$0.13 is the Unit rate I figured it out by dividing $3.33 by 24…

Mr. Arcos is opening a new restaurant. His restaurant has 8 tables with places for 4 people at each table. It also has 4 tables with places for 6 people at each table.

Today he is buying plates for the restaurant. The plates he is buying come in sets of 6 plates. How many sets of plates does he need to buy?

Answers

He needs to buy 10 packs, you have to round up to 10 because it’s around 9.3333

In the given case, we can conclude Mr. Arcos needs to buy 10 sets of plates for his restaurant.

To find out how many sets of plates Mr. Arcos needs to buy, we first need to determine the total number of people his restaurant can accommodate.

There are 8 tables with places for 4 people each, so these tables can seat a total of 8 x 4 = 32 people.
Additionally, there are 4 tables with places for 6 people each, which can seat a total of 4 x 6 = 24 people.

Therefore, the restaurant can accommodate a total of 32 + 24 = 56 people.

Since the plates come in sets of 6, we divide the total number of people (56) by the number of people served by each set (6) to find out how many sets of plates Mr. Arcos needs to buy: 56 / 6 = 9.33 sets. Since plates cannot be bought in fractions, he will need to round up to the nearest whole number. Therefore, he will need to buy at least 10 sets of plates for his restaurant.

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The table shows ordered pairs of the function y=8-2x. What is the value of y when x=8

Answers

Answer:

y = - 8

Step-by-step explanation:

substitute x = 8 into the equation

y = 8 - 2(8) = 8 - 16 = - 8

1.Set up your equation too-
Y=8-2(8)
2. Multiply 8 and 2-
Y=8-16
3. Subtract 8 and 16-
Y=8


A certain plant grows 1 1/6 inches every week. How long will it take the plant to grow 6 1/6 inches?

Answers

It will take 6.14 weeks for the plant to grow the required length

The growth rate of the plant each week = 1 1/6 inches

Converting the mixed fraction into an improper fraction we multiply the whole number by the denominator and add the numerator to get the improper fraction, therefore

The growth rate of a plant in improper form = 7/6 inches

Required growth rate = 6 1/6 inches

The required growth rate in improper fraction = 43/6 inches

Number of weeks it will take the plant to grow the required length = Required length/Growth rate each week = (43/6)/(7/6)

= 43/7 weeks or 6.14 weeks

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use the graph of the following function f(x) to find f(1)

Answers

From the graph of the function y = x - 1, it is found that f(1) = 0.

What is the missing information?

This problem is incomplete, but researching it on a search engine, it gives us the graph of the function y = x - 1.

How to find the numeric value of a function given a graph?

To find the numeric value of a function at x = a, we have to check the value of the horizontal axis when the vertical axis is of a.

For this problem, we want the numeric value at x = 1, hence, when the horizontal axis is of 1, the vertical axis is of 0, hence f(1) = 0.

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