The demand function for Widgets is given by the equation P = 14 – 0.39Q, and the supply function is
given by the equation P = 0.61Q + 12. Find the market equilibrium price for Widgets.

Answers

Answer 1

Answer:

Equilibrium price for widgets = 13.22

Step-by-step explanation:

At equilibrium, quantity demand, Qd = quantity supplied, Qs

Demand

P = 14 – 0.39Q

P - 14 = - 0.39Q

Q = (P - 14) / - 0.39

Supply

P = 0.61Q + 12

P - 12 = 0.61Q

Q = (P - 12) / 0.61

Qd = Qs

(P - 14) / - 0.39 = (P - 12) / 0.61

Cross product

(P - 14) * 0.61 = - 0.39 * (P - 12)

0.61P - 8.54 = - 0.39P + 4.68

0.61P + 0.39P = 4.68 + 8.54

P = 13.22

Check

Q = (P - 14) / - 0.39

= (13.22 - 14) / - 0.39

= -0.78 / -0.39

= 2

Q = (P - 12) / 0.61

= (13.22 - 12) / 0.61

= 1.22 / 0.61

= 2

Therefore,

Equilibrium price for widgets = 13.22

Equilibrium quantity = 2


Related Questions

Kasey has three pieces of wood that measure 9 inches, 12 inches, and 21 inches. Can she make a right triangle
with the three pieces of wood (without cutting or overlapping)?

Answers

Answer: No

Step-by-step explanation:

Add 2 sides together. If the sum of greater than the length of the 3rd side for all 3 options it can form a right triangle if it doesn’t than it can’t:

9 + 12 = 21 which is not greater than the 3rd side length of 21 so this cannot form a right triangle.

The answer would be (no)

if triangle 3 shows a 100 degree rotation of triangle 1 about point p what is the degree of intersection of lines m and n?

Answers

The given transformations are rigid transformations, such that

the image and the preimage have the same dimensions.

Correct responses:

The degree of the intersection of lines m and n is; 50°

This image also shows two A. reflection about lines m and then line n.

How can the angle between the lines be determined, and what is a reflection?

Given;

The images of triangle 1 are; Triangle 2, and triangle 3

Taking the image of line m as line m, we have;

Required:

The degree of the intersection of lines m and n

Solution:

Triangle 2 is the reflection of triangle 1 across line m, and

triangle 3 is the reflection of triangle 2 across line n

The distance of triangles 1 and 2 from line m are equal

The distance of triangle 2 and 3 from line n are equal.

Whereby the degree of rotation of triangle 1 to triangle 2, θ₁ is

equal to the degree of rotation of triangle 2 to triangle 3, θ₂,

we have;

θ₁ = θ₂

100° = θ₁ + θ₂ = 2·θ₁

θ₁ = θ₂ = 100° ÷ 2 = 50°

The angle of rotation of line m to line n = Rotation of triangle 1 to triangle 2 = θ₁ = 50°

The degree of the intersection of lines m and n = 50°

The transformation to give triangle 2 from triangle 1 is a reflection about line m.

Similarly, the transformation that gives triangle 3 from triangle 2 is a reflection about line n.

Therefore;

The image also shows two A. Reflections about line m and then line n.

Learn more about rigid transformations here:

https://brainly.com/question/17397901

https://brainly.com/question/12040896

Given: `bar(DE)` and `bar(DF)` are midsegments of `Delta` ABC as shown. Prove: A midsegment of `Delta`ABC is half the length of the side of `Delta`ABC to which it is parallel. Match each statement to its corresponding reason. Scroll down to see all the choices. Drag the items on the left to the correct location on the right.

Answers

Answer:

here

Step-by-step explanation:

Please help me find this box guys I’m struggling

Answers

Answer:

(0,-9)

Step-by-step explanation:

To find the y-intercept, substitute x=0

y=(0)^2+4(0)-9

=-9

Here's a tip to help you find the y-intercept faster, it is usually the constant of the graph equation

Answer:

see explanation

Step-by-step explanation:

Given a parabola in standard form

y = ax² + bx + c ( a ≠ 0 )

The equation of the axis of symmetry which is also the x- coordinate of the vertex is

x = - [tex]\frac{b}{2a}[/tex]

y = x² + 4x - 9 ← is in standard form

with a = 1, b = 4 , then

x = - [tex]\frac{4}{2}[/tex] = - 2

x = - 2 is the equation of the axis of symmetry

Substitute x = - 2 into the equation for corresponding y- coordinate of vertex

y = (- 2)² + 4(- 2) - 9 = 4 - 8 - 9 = - 13

vertex = (- 2, - 13 )

To find the y- intercept let x = 0 and solve for y

y = 0² + 4(0) - 9 = 0 + 0 - 9 = - 9

y- intercept = (0, - 9)

From the standard form of the parabola

• If a > 0 then vertex is a minimum

• If a < 0 then vertex is a maximum

Here a = 1 , that is > 0

vertex (- 2, - 13 ) is a minimum

Find the distance between the two points rounding to the nearest tenth (if necessary). ( − 8 , 6 ) and ( − 6 , 0 )

Answers

Answer:

[tex]\sqrt{40\\}[/tex], [tex]2\sqrt{10}[/tex], or 6.3 (rounded).

Step-by-step explanation:

Use the distance formula, [tex]\sqrt{(x_1-x_2)^2+(y_1-y_2)^2} \\x_1 is -8, y_1 is 6, x_2 is -6, y_2 is 0.[/tex]

You have 80$ panted cost 29$ And shirts cost 12$. Mom told you to buy one pair of pants and use the rest of the money to buy shirts. Use this information to write and solve and inequality how many shirts can you buy

Answers

Answer: 4 Shirts

Step-by-step explanation:

Given

Person has [tex]\$80[/tex]

Pant costs [tex]\$29[/tex] and shirt costs [tex]\$12[/tex]

Suppose [tex]x\ \text{and}\ y[/tex] as number of pant and shirts

Spent money must be equal or less than the total money. The inequality becomes

[tex]\Rightarrow 80\geq29x+12y[/tex]

For 1 pair of pants that is, 1 pants

[tex]\Rightarrow 80\geq 29+12y\\\Rightarrow 51\geq 12y\\\Rightarrow 4.25\geq y[/tex]

That is maximum number of shirts that can be bought are 4.

A biased 3-coloured spinner was spun 240 times. It landed on Red n times, on Orange 3n times and on Yellow 8n times. If you spin this spinner 1000 times, how many times do you expect it to land on Red?

Answers

Answer:

83 spins

Step-by-step explanation:

Number of red spins = n

Number of orange spins = 8n

Number of yellow spins = 3n

Total number of trials = 240

Total number of spins :

(n + 8n + 3n) = 240

12n = 240

n = 240 / 12

n = 20

Number of red spins = 20

(1000/240) * n

4.1666666 * 20

= 83.333

= 83 spins

The speed of a toy car is 20 m/s. The time taken for a trip is 200seconds. Find the
distance covered in meter

Answers

Distance = time/ speed

Distance = 200 seconds / 20 m/s

Distance = 10 meters

Answer:

Distance:

[tex]{ \tt{distance = speed \times time}} \\ { \tt{ = 20 \times 200}} \\ { \tt{ = 4000 \: metres}}[/tex]

In Owen's class, there are 15 girls and 12 boys. Write the ratio of boys to girls.

Answers

Answer:

4       :  5

Step-by-step explanation:

boys : girls

12          15

Divide each by 3

12/3 :  15/3

4       :  5

Answer: 4:5

Step-by-step explanation:

To simplify the ratio 12:15, divide both numbers by the GCF of the 2 numbers (3). This gives you the simplified ratio, 4:5.

53. A right triangle has a hypotenuse measuring 15 inches and one leg measuring 9 inches What is the length, in inches, of the other leg of the triangle?

A. 3
B.6
C. 10
D. 12 ​

Answers

Answer:

D

Step-by-step explanation:

Pythagorean

[tex]x^{2} + 9^{2} = 15^{2}[/tex] (x>0)

=> [tex]x=\sqrt{15^{2}-9^{2} }[/tex] [tex]=12[/tex]

Mr. James asked his students that which of the following equations can be formed using the expression x = 5:
a)2 x + 3 = 13
b)3x + 2 = 13
c)x –5 =
1d)4x –9 = 21

Answers

Answer:

[tex]2x + 3 = 13 \\ 2 \times 5 + 3 = 15 \\ 10 + 13 = 15 \\ 23 = 15 \\ 23 - 15 = 8 \\ \\ 3x + 2 = 13 \\ 3 \times 5 + 2 = 13 \\ 15 + 2 = 13 \\ 17 - 13 \\ = 4 \\ \\ x - 5 = 0 \\ 5 - 5 = 0 \\ 0 = 0 \\ \\ 4x - 9 = 21 \\ 4 \times 5 - 9 = 21 \\ 20 - 9 = 21 \\ 21 - 11 \\ = 10[/tex]

On a unit circle, the terminal point of 0 is (1/2, square root of 3/2) what is 0

Answers

Answer: pi/6

explanation: took test

The value of θ on a unit circle where the terminal point of θ is (1/2,square root 3/2), is 60°.

Terminal Point

The measure of the angle in degrees or radians over the circle, at the endpoint on the coordinate plane is known as terminal point

How to solve this problem?Given On a unit circle, the terminal point of θ is [tex](\frac{1}{2},\frac{\sqrt{3} }{2} )[/tex]According to image below the value of θ at terminal point (1/2,square root 3/2) is 60 degrees.

Thus the value of θ at terminal point on a unit circle (1/2,square root 3/2) is 60 degrees.

Learn more about Terminal Point here:

https://brainly.com/question/25870256

#SPJ2

Enter the equation of the line in slope-intercept form.
Slope is 4, and (5,2) is on the line.
The equation of the line is y =

Answers

Answer:

y = 4x -18

Step-by-step explanation:

y-2 = 4(x-5)

y = 4x -20+2

y = 4x -18

Answer:

y = 4x-18

Step-by-step explanation:

Slope intercept form is y = mx+b where m is the slope and b is the y intercept

y = 4x+b

Substitute the point in the equation and solve for b

2 = 4(5)+b

2 = 20+b

2-20 = b

-18 =b

y = 4x-18

PLS HELP!!! The problem is in the photo attached

Answers

Answer:

The answer is C!

Step-by-step explanation:

Answer:

D

NOTE: the answer "C" is NOT correct... see the image the green is "C" the purple is "D"

Step-by-step explanation:

plzzz helppp i need to pass this classs

Answers


D. X=130 but im not sure if this is correct

Answer:

C

Step-by-step explanation:

x + 40 + 100 + x=360. (sum of angles at a point)

2x+140=360

2x=360-140

2x=220

x=220/2

x=110⁰

for 10 points Valerie set out to bicycle from TBLS to the beach, a distance of 10 miles. After going a short
while at 15 miles per hour, the bike developed a flat tire, and the trip had to be given up. The
walk back to TBLS was made at a dejected 3 miles per hour. The whole episode took 48
minutes. How many miles from TBLS did the flat occur?

Answers

Answer:

2 miles

Step-by-step explanation:

Given that :

Total distance = 10 miles

Distance = speed * time

Let distance from TBLS to flat Tyre spot = d

Time = distance / speed

Since the distance to and distance fro took a total of 48 minutes;

Hence ;

d/15 + d/3 = 48 minutes

48 minutes = 48/60 = 0.8 hours

d/15 + d/3 = 0.8

(d + 5d) / 15 = 0.8

d + 5d = 15 * 0.8

6d = 12

d = 12 / 6

d = 2 miles

Distance from TBLS to point bicycle had flat tyre is 2 miles

PERE
Given: ZABC is a right angle and ZDEF is a right angle.
Prove: All right angles are congruent by showing that ZABC = ZDEF.
What are the missing reasons in the steps of the proof?
ZABC, ZDEF are
right angles
M2ABC = 90°
m2DEF = 90°
m2ABC = m_DEF
ZABC = ZDEF
Given
A
B
A:
B:
C:
Intro

Answers

Answers:

A) Definition of right anglesB) SubstitutionC) Definition of congruence

=========================================

Explanation:

A) The term "right angle" is another way of saying "90 degree angle". This is a definition. Think of a definition in a dictionary. B) The substitution property allows us to replace one thing for another, as long as the two things are equal. The transitive property works as a similar idea.C) If two angles have the same measure, then they are congruent. This is the definition of congruence (or one form of it).

In this exercise we have to use the knowledge of angles, in this way we can say that:

A) Right angles

B) Substitution

C) Congruence

So punctuating some necessary definitions we have that:

A) This alternative is a right angle, that is, an angle that has 90 degrees.

B) The substitution property allows us to replace one thing for another, as long as the two things are equal.

C) IIn this alternative, we are dealing with congruent angles, that is, angles that have the same measure, normally less than 90 degrees.

See more about angles at brainly.com/question/15767203

If ABCD is dilated by a factor of 2, the
coordinate of A' would be:

Answers

Answer: -5, -1

Step-by-step explanation:

Match each cone's measures to its corresponding volume.

Answers

Answer:

base area=16π in² height=6 in ⇒ base area= πr²

16π²=π(r)²

r=4 in

v=1/3 ×π (4)²×(6)

v=32π in²

-------------

v=1/3 π(12/2)²×5

v=1/3π(31)×5=

v=60π in³

-------------

v=1/3 π×(25×4)=

v=100π/3 in³

OAmalOHopeO

HELP ME ASAP PLEASEEEEEEEE

Answers

Answer:

5 : -1.5

10: -4

y =  1 -.5x

noticed the pattern of subtracting .5 .... then plugged in x = 4

and saw that -2 had to be combined with "1" to end up with a "-1"

Step-by-step explanation:

Needing a little help

Answers

Answer: u=2.5

Explanation:
9(u-2)+1.5u=8.25
- Multiply the 9 into the u and the 2 in the parantheses
9u-18+1.5u=8.25
-combine like terms. The only like terms are 9u and 1.5u.
10.5u-18=8.25
-Add the 18 to both sides.
10.5u= 26.25
- divide both sides by 10.5 and it will leave you with u=2.5.

Can someone help me with this math homework please!

Answers

Answer:

X1 = 2 Y1 = -5

Step-by-step explanation:

math simple slope

Ryan rented a truck for one day. There was a base fee of $16.99, and there was an additional charge of 74 cents for each mile driven. Ryan had to pay $133.17 when he returned the truck. For how many miles did he drive the truck?

Answers

Answer:

157 miles

Step-by-step explanation:

total cost = flat fee + cost per mile * miles

133.17 = 16.99 + .74 * m

Subtract 16.99 from each side

116.18 = .74m

Divide each side by .74

116.18 / .74 = .74m/.74

157 = m

Now measure the lengths of the sides of polygon ABCD and tbe lengths of the sides of the translated images. Record the measurements in the table.

Answers

Answer:

3.16, 3.16, 3.16

3.16, 3.16, 3.16

1.41, 1.41, 1.41

3.16, 3.16, 3.16

Step-by-step explanation:

Answer:

Length Length  Length

3.16         3.16   3.16

3.16 3.16   3.16

1.41   1.41   1.41

3.16  3.16  3.16

Step-by-step explanation:

Is the relationship shown by the data linear? If so, model the data with an equation. x y –7 5 –5 9 –3 13 –1 17

Answers

Given:

The table of values is:

x :     -7          -5         -3           -1

y :      5           9         13          17

To find:

Whether the given data is linear and then find the equation.

Solution:

The given data is linear if the slope and rate of change is constant.

Slope formula:

[tex]m=\dfrac{y_2-y_1}{x_2-x_1}[/tex]

Using the slope formula. we get

[tex]\dfrac{9-5}{-5-(-7)}=2[/tex]

[tex]\dfrac{13-9}{-3-(-5)}=2[/tex]

[tex]\dfrac{17-13}{-1-(-3)}=2[/tex]

Since the rate of change is constant, i.e., 2, therefore the given data is linear.

The slope of a linear equation is 2 and it passes through the point (-7,5). So, the equation of the line is:

[tex]y-y_1=m(x-x_1)[/tex]

[tex]y-5=2(x-(-7))[/tex]

[tex]y-5=2(x+7)[/tex]

[tex]y-5=2x+14[/tex]

Adding 5 on both sides, we get

[tex]y-5+5=2x+14+5[/tex]

[tex]y=2x+19[/tex]

Therefore, the equation for the given data is [tex]y=2x+19[/tex].

Which expression is equivalent to 2(a+2b)-a-2b
o 3a+2b
o 3a-2b
o a-2b

Answers

Answer:

a -2b

Step-by-step explanation:

2(a+2b)-a-2b

Distribute

2a+4b -a-2b

Combine like terms

a -2b

An automobile manufacturing plant produced vehicles today: were sedans, were trucks, and were motorcycles. Plant managers are going to select two of these vehicles for a thorough inspection. The first vehicle will be selected at random, and then the second vehicle will be selected at random from the remaining vehicles. What is the probability that two motorcycles will be selected

Answers

Answer:

120 / 561

Step-by-step explanation:

An automobile manufacturing plant produced 34 vehicles today: 16 were motorcycles, 9 were trucks, and 9 were vans. Plant managers are going to select two of these vehicles for a thorough inspection. The first vehicle will be selected at random, and then the second vehicle will be selected at random from the remaining vehicles.What is the probability that two motorcycles will be selected

16/34 X 15 X 33

The cars of a circular Ferris wheel at an amusement park are equally spaced about the wheel's circumference. They are numbered consecutively beginning with 1. The cars numbered 14 and 30 lie on opposite ends of a diameter. How many cars are on the Ferris wheel?

Answers

Answer:

32 cars

Step-by-step explanation:

we know that 14 and 30 lie on opposite sides of the ferris wheel, so we need to calculate how many cars are inbetween car number 14 and carn number 30. since each car is numbered starting from 1, we know that the cars do not skip any numbers. after counting, we know that there are 16 cars inbetween car number 14 and car number 30. since there are 2 sides of a circle we have to double our number by 2. so 16×2 is 32

Math step-by-step:

30-14=16

16×2=32

Find the surface area and the volume of the prism.
10
26
18

Answers

Volume: 1320
Surface Area: 2160

CANNNN SOMEONEEEEE HELPPPP MEEE OUTTTTT !!!!!

Answers

Answer:

sin X = 21/ 29

Step-by-step explanation:

Since this is a right triangle

sin X = opp side/ hypotenuse

sin X = 21/ 29

Answer:

[tex]\boxed{\sf sinX =\frac{21}{29}}[/tex]

Step-by-step explanation:

We need to find out the value of sinX using the given triangle . Here we can see that the sides of the triangle are 21 , 29 and 20.

We know that the ratio of sine is perpendicular to hypontenuse .

[tex]\sf\longrightarrow sin\theta =\dfrac{ perpendicular}{hypontenuse}[/tex]

Here we can see that the side opposite to angle X is 21 , therefore the perpendicular of the triangle is 21. And the side opposite to 90° angle is 29 . So it's the hypontenuse . On using the ratio of sine ,

[tex]\sf\longrightarrow sinX =\dfrac{ p}{h}=\dfrac{ZY}{ZX}[/tex]

Substitute the respective values ,

[tex]\sf\longrightarrow \boxed{\blue{\sf sin\ X =\dfrac{21}{29}}}[/tex]

Hence the required answer is 21/29 .

Other Questions
Which of the following is not a form of business combination?: (A) Acquisition. (B) S Corporation. (C) Conglomerate. (D) Merger. What types of society do we live in today? Plz help me i need this question solution Beech Company produced and sold 105,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $1,300,000; variable costs, $750,000; and fixed costs, $300,000. The following actual financial results are available for May.ActualSales (105,000 units) $ 1,275,000Variable costs 712,500Fixed costs 300,000Prepare a flexible budget performance report for May.Beech CompanyFlexible Budget Performance ReportFor Month Ended May 31Flexible BudgetActual ResultsVarianceFavorable/Un fav.SalesVariable ExpenseContribution MarginFixed ExpenseIncome from Operations(Could you please show how to get the Flexible Budget) Comparison of the cost of adding two desktops vs. one or two laptops.Comparison of the cost of replacing the modem with a router/modem.Comparison the cost of building a WAN vs. a LAN or a VPN.Summary of the total cost of maintaining your home office as the only computing space for your three-worker company. Compare this cost with the option of building a network that includes your home office and two satellite locations. Question Which of the following is a benefit of using email to communicate at work ? a) You can express yourself in a limited number of characters b) You don't have to worry about using proper grammar. c) You always get a response right away. d ) You can reach a large audience with one communication . Which is the best estimate of -14 1/9 (-2 9/10) What is nativism?The belief that the early inhabitants of America were better than incoming immigrants.The belief that immigrants had just as much of a right for jobs and work as Americans.The belief that Native Americans are better than whites.A policy that banned Chinese immigrants. Jimmy is saving money to buy a concert ticket for $155. He has $42 so far and he can save $20 per week. In how many weeks will he have enough money to buy the ticket? Select an equation that could be used to answer the question above. Let W represent the number of weeks. A. 20w + 42 = 155 B. 20w - 155 =42 C. 42w + 20 = 155 D. 155w - 20 = 42 Which best describes the relationship between Tybaltand Capulet? write as a sentence in words 7.8 > 3.4 B is wrong need help Can someone please help me with this?John is a 35-year-old male (he/him) administrative assistant who enjoys playing baseball on weekends. During one of their games, John began running from first to second base. As he pushed off to start running, John heard a pop and felt a sharp pain in his right calf as though he had just been kicked in the back of his leg. John fell to the ground and experienced significant pain when putting weight on his right leg. John tried to walk but had to be carried off the field and was taken to the emergency department. At the hospital, it was noted that John had significant swelling at the back of his right leg, had a palpable and visible deformity in the distal calf, and was only able to put small amounts of weight on his right leg. The emergency doctor squeezed the back of Johns right calf and noticed that the ankle would not plantarflex. An x-ray and blood work were ordered which came back without any significant findings.Case Study Questions:1. Explain the possible anatomical structures that were affected by the injury and how each relates to Johns presenting symptoms and test results (250 word maximum).2. Identify and explain three differential diagnoses (diseases or conditions that present similar signs and symptoms that could possibly account for the patient's symptoms) with appropriate justifications. After describing your three differential diagnoses, indicate the most likely diagnosis based on your analysis and provide rationale and support for your selection. 3. From an anatomy point of view:a) Propose a management plan for the most likely diagnosis. This should include the treatment options you would implement given your patient's presenting symptoms. You should provide short- and long-term goals for the patient and a timeline on when you would implement each treatment. There may be several possible treatments you could prescribe to your patient. Include support, justification, and evidence for your prescribed treatment(s) and management plan. b) Explain the effects of your management plan for your patient's condition. From the management plan you've proposed, what effects will each treatment have on the patient's anatomy? Include any positive and negative effects this plan may have on the patient. Vai tr ca sinh vin trong vic gi vng nn c lp dn tc v xy dng CNXH nc ta hin nay. 9) Assume that the random variable X is normally distributed, with mean = 90 and standard deviation o = 12. Compute the probability P(57 < X < 105). A) 0.7888 B) 0.8944 C) 0.8914 D) 0.8819 What is literature? A uniform, solid sphere of radius 2.50 cm and mass 4.75 kg starts with a purely translational speed of 3.00 m/s at the top of an inclined plane. The surface of the incline is 2.75 m long, and is tilted at an angle of 22.0 with respect to the horizontal. Assuming the sphere rolls without slipping down the incline, calculate the sphere's final translational speed v2 at the bottom of the ramp. Predict the approximate Ksp of Cuz(AsO4)2 based on the measured potential of Cell 7. Use the equation given in the Background. a. 1 x 10^-35 b. 4 x 10^14 c. 5 x 10^-17 d. 2 x 10^-21 After running 3/4 of a mile tess has only run 1/3 how long is the race in miles but I want to know how you did it Will Mark Brainlest Helppp please