math

You are given a pair of equations, one representing a supply curve and the other representing a demand curve, where p is the unit price for x items.
80 p + x - 380 = 0
and
84 p - x - 40 = 0
a. Identify which is the supply curve and demand curve and the appropriate domain. Put the domains in interval notation . For \infty type infinity . For more than one interval use a U to represent a "union".
Domain of the supply curve
Domain of the demand curve
b. Determine the market equilibrium. Equilibrium: x = p =
c. Determine the revenue function. Revenue function R(x)=
d. Determine the revenue at market equilibrium.

  1. 👍 0
  2. 👎 0
  3. 👁 69
asked by Irina

Respond to this Question

First Name

Your Response

Similar Questions

  1. Pre-Calculus

    You are given a pair of equations, one representing a supply curve and the other representing a demand curve, where p is the unit price for x items. −p+0.0208333333333333x+2=0 and p = √(57-x) What is the market equilibrium for

    asked by Ann on October 9, 2013
  2. Pre-calculus

    You are given a pair of equations, one representing a supply curve and the other representing a demand curve, where p is the unit price for x items. 80 p + x - 380 = 0 and 84 p - x - 40 = 0 Identify which is the supply curve and

    asked by Irina on October 13, 2014
  3. pre-calculus

    You are given a pair of equations, one representing a supply curve and the other representing a demand curve, where p is the unit price for x items. -45 x^2 - 74.5199999999995 x + 15921.36 - 1224.72 p = 0 and 54 x^2 + 1743.12 x +

    asked by Irina on October 14, 2014
  4. Pre-Calculus

    You are given a pair of equations, one representing a supply curve and the other representing a demand curve, where p is the unit price for x items. 466p+90x−2390=0 and 484p−22x−978=0 Determine the revenue function. Revenue

    asked by Ann on October 8, 2013
  5. pre-calculus

    You are given a pair of equations, one representing a supply curve and the other representing a demand curve, where p is the unit price for x items. 80 p + x - 380 = 0 and 84 p - x - 40 = 0 a. Identify which is the supply curve

    asked by Sam on October 10, 2014
  6. Microeconomics

    It has been estimated that the world demand for wheat can be represented by thefunction P = 80 - 2Q. It has been further found that the countries supplying thismarket have marginal cost curves which when summed together are given

    asked by whhgn on October 27, 2006
  7. Writing

    You know how there is muggle and mundane, representing humans who do not know of specific worlds? Well, I need a word representing humans who don't know about a world called "Enchantrum". -Make sure the name is magical. Thank You!

    asked by Royal on January 23, 2016
  8. Writing

    You know how there is muggle and mundane, representing humans who do not know of specific worlds? Well, I need a word representing humans who don't know about a world called "Enchantrum". -Make sure the name is magical. Thank You!

    asked by Royal on January 24, 2016
  9. Writing

    You know how there is muggle and mundane, representing humans who do not know of specific worlds? Well, I need a word representing humans who don't know about a world called "Enchantrum". -Make sure the name is magical. Thank You!

    asked by Royal on January 24, 2016
  10. Writing

    You know how there is muggle and mundane, representing humans who do not know of specific worlds? Well, I need a word representing humans who don't know about a world called "Enchantrum". -Make sure the name is magical. Thank You!

    asked by Royal on January 24, 2016

More Similar Questions