Really need help with these two, especially the first. Please and thank you.




as we can see point of intersection is x=
109.33
So answe is 109.33
Really need help with these two, especially the first. Please and thank you. Find the sales...
The purpose of the Assignments is to assess the student’s ability to apply the economic concepts learned in each unit to practical problem-solving scenarios. Instructions Students are to complete the exercises in Word (or some other compatible word processor) and submit for evaluation. Questions 1. John was discussing the market for cocoa beans with his friend Kim. John said, "Ever since Venezuela announced that its cocoa harvest was its lowest ever in fifteen years, the price of cocoa beans has been...
PLEASE SHOW YOUR WORKS, THANK YOU.
Suppose that the supply and demand of wheat depend on the price of wheat (p), the amount of annual rainfall (r), and the level of disposable consumer income (). The equations describing the supply and demand curves are given by: Qs-20r+100p Qd-4000-100p 101 (a) Using the supply and demand equations for wheat, solve for the equilibrium price as a function of I and r. " (b) Using the supply and demand equations for wheat,...
I need help with this question please. Especially e,f,g,h .If I have to I will resubmit for each answer. Thanks in advance. Executives of a bread company decide to add a new line of whole wheat bread. Research indicates that consumers will buy about 700 loaves at $1.95 a loaf and 1,100 at $1.50 a loaf. The company can supply 460 loaves at $1.65 per loaf and 1,260 loaves at $1.94 per loaf. Furthermore, the baking staff reports that it...
Please help me solve the below question, I've come up with three different answers, could be my formulas ! 2).Blackberries are a product of the Southern Growers’ Association. Producers in the area can switch back and forth between blackberry and raspberry production, depending on market conditions. Similarly, consumers tend to regard blackberries and raspberries as substitutes. As a result, the demand and supply of Blackberries is highly sensitive to changes in both blackberry and raspberry prices. Demand and supply functions...
(A) Find the slope of the line that passes through the given points. (B) Find the point-slope form of the equation of the line. (C) Find the slope-intercept form of the equation of the line. (D) Find the standard form of the equation of the line. (5,6) and (5,12) (A) Choose the correct answer for the slope below. OA, m=□ (Type an integer or a simplified fraction.) O B. The slope is not defined. A plant can manufacture 50 golf...
I need help understanding how to graph the inverse functions. I
have you all th steps but it's part C i dont get. I dont know how
to translate the informstion into the graph so cpuld you please
shoe me step by step.
3. (25 points) The market demand function for corn is Q'(P) 5-2P and the market supply function for corn is Q(P)5P 6, where both quantities are measured in billions of bushels per year (a) (5 points) Calculate...
Really need help with these
problems, it would be really appreciated. Thank you!
Find the values of x, y and z that correspond to the critical point of the function: z = f(x, y) = 2x2 1x – 6y + 4y2 + 2xy Enter your answer as a decimal number, or a calculation (like 22/7) = X Preview (Round to 4 decimal places) YF Preview (Round to 4 decimal places) z Preview (Round to 4 decimal places) Find the points...
Need help specifically on letter E. Thank you.
7. Given the following information about the demand and supply for orange uice, answer the questions that follow: Quantity SuppliedDemanded PRICE 700 600 500 100 700 300 a. b. What is the equilibrium price and quantity in this market? Graph both the demand and supply curves and clearly identify this market equilibrium. c. Using your graph, clearly explain why P1 and P 5 are not the equilibrium prices. d. Suppose the demand...
Please so work so I can use as study reference. Thank you
:)
4) Suppose the inverse demand curve for a market is P-3-(ơn 6,000). The marginal cost of production in this market is S1 per unit (assume there is no fixed cost). the equailibrium price and quantity if the market is competitive b) Find the monopolist's marginal revenue function, and calculate the equilibrium price and quantity if the market is monopolized MR e) Sketch the supply and demand diagram,...
I really need help with the various parts of this one
question.
Consider the Panamanian market for tangerines The following graph shows the domestic demand and domestic supply curves for tangerines in Panama. Suppose Panama's government currently does not allow the international trade of tangerines. Using the black point (X symbol), indicate the equillbrium price of a ton of tangerines and the equilibrium quantity of tangerlines in Panama in the absence of international trade. Dashed drop lines will automatically extend...