Economics
 👍
 👎
 👁

 👍
 👎

 👍
 👎

 👍
 👎

 👍
 👎
Respond to this Question
Similar Questions

!math (4)
The demand function for a certain brand of CD is given by p = −0.01x^2 − 0.2x + 12 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. The supply function is given by

economics
Two goods are complements when a decrease in the price of one good a. decreases the quantity demanded of the other good. b. increases the quantity demanded of the other good. c. increases the demand for the other good. d.

Math
The quantity demanded each month of russo Espresso Makers is 250 when the unit price is $140; the quantity demanded each month is 1000 when th e unit price is $110. the suppliers will market 750 expresso makers if the unit price

!math (2)
The demand function for a certain brand of CD is given by p = −0.01x^2 − 0.2x + 10 where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Determine the

Math
Could someone work this question out so I understand it. Thanks The marginal price dp/dx at x units of demand per week is proportional to the price p. There is no weekly demand at a price of $100 per unit [p(0)=100], and there is

Accounting
Currently, the unit selling price of a product is $110, the unit variable cost is $80, and the total fixed costs are $345,000. A proposal is being evaluated to increase the unit selling price to $120. a. Compute the current

Calculus
The demand function for the Luminar desk lamp is given by p = f(x) = −0.1x^2 − 0.7x + 20 where x is the quantity demanded in thousands and p is the unit price in dollars. (a) Find f '(x). (b) What is the rate of change of the

Economics
Suppose the price elasticity of demand for a novel translated into English is perfectly inelastic. Assume the initial price of the novel is $24 and the quantity demanded is 222 copies per year. If the price of the novel increases

Economics
When XYZ firm entered the market for good two years back, it kept the price of its product low to attract customers away from its leading competitor. The firm has now established itself and has a market share of 20 percent. The

!math (6)
The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related to the unit price p (in dollars) by p = −0.2x^2 + 220 and the quantity x (in units of a hundred) that the supplier is willing to

Math
For the pair of supplyanddemand equations, where x represents the quantity demanded in units of 1,000 and p is the unit price in dollars, find the equilibrium quantity and the equilibrium price. p =  2x + 15 and p = 5x + 1 a.

Economic
1.According to the law of demand, when the price of an item goes up, the quantity demanded a. stays at the same level. c. falls. b. rises. d. adjusts 2. According to the law of supply, higher prices prompt producers to a. increase
You can view more similar questions or ask a new question.