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Category > Programming Posted 26 May 2017 My Price 4.00

Market equilibrium the weekly demand and supply functions for sportsman

Market equilibrium the weekly demand and supply functions for sportsman 5 × 7 tents are given by

Respectively, where p is measured in dollars and x is measured in units of a hundred. Find the equilibrium quantity and price.

 

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Status NEW Posted 26 May 2017 11:05 AM My Price 4.00

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file 1495798231-Answer.docx preview (76 words )
M-----------ark-----------et -----------equ-----------ili-----------bri-----------um -----------the----------- we-----------ekl-----------y d-----------ema-----------nd -----------and----------- su-----------ppl-----------y f-----------unc-----------tio-----------ns -----------for----------- sp-----------ort-----------sma-----------n 5----------- ×----------- 7 -----------ten-----------ts -----------are----------- gi-----------ven----------- by----------- ----------- Re-----------spe-----------cti-----------vel-----------y, -----------whe-----------re -----------p i-----------s m-----------eas-----------ure-----------d i-----------n d-----------oll-----------ars----------- an-----------d x----------- is----------- me-----------asu-----------red----------- in----------- un-----------its----------- of----------- a -----------hun-----------dre-----------d. -----------Fin-----------d t-----------he -----------equ-----------ili-----------bri-----------um -----------qua-----------nti-----------ty -----------and----------- pr-----------ice-----------. -----------Ans-----------wer-----------: ----------- We----------- kn-----------ow -----------tha-----------t e-----------qui-----------lib-----------riu-----------m d-----------ema-----------nd -----------= s-----------upp-----------ly ------------0.-----------1*x-----------^2 ------------ x----------- + -----------40Â----------- = -----------0.1-----------x^2----------- + -----------2x -----------+ 2-----------0 0-----------.2x-----------^2 -----------+ 3-----------x ------------ 20----------- = -----------0 2-----------x^2----------- + -----------30x----------- - -----------200----------- = -----------0 2-----------x^2----------- - -----------10x----------- + -----------40x----------- - -----------200----------- -----------
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