Question

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 costs $270 for 850 loaves and $565 for 2,200 loaves. Let the input be p, price per loaf, and the output be q, number of loaves.

(a) What is the demand equation,

D(p)?    2433.33-888.89-888.89p (corect)

(b) What is the supply equation,

S(p)? 2758.62q+4091.72 (correct)

(c) Find the market equilibrium price and quantity. (Round your answers to two decimal places.)

market equilibrium price $ ?

market equilibrium quantity --------    loaves?

(d) What is the cost equation,

C(q)? .2q+84.26   (correct)

(e) What is the cost equation,

C(p)?

(Round all numerical values to two decimal places.)

(f) What is the revenue equation,

R(p)?

(Round all numerical values to two decimal places.)

(g) What is the profit equation?

P(p)?

(Round all numerical values to two decimal places.)

(h) Find the break-even price(s) only, not the quantities. (Enter your answers as a comma-separated list. Round your answers to two decimal places.)

dollars

Answer 1

19.5 0.4S 400 - 195 At 1. 4844 846.30

56 5 он - 9- - 9 (f.og p t_242 2.93 ubsthduh 2