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1. Find the derivative with respect to x for the following functions. a. f (x)= ax3+ bx2+x;b. f(x)=ax ln x;
2. What is the price elasticity of the demand curve Q (p) = a - bln (p)?
3. Suppose that the demand for water balloons fit the function D(p,ps)= .2 p-0.5ps-0.2; where p is the price of water balloons and ps is the price of super soakers (an advanced squirt gun technology). Based upon this demand curve, are super soakers a compliment or a substitute for water balloons? Demonstrate why.
4. Suppose that the current price of oil is $60 per barrel and the quantity sold is 90 million barrels per day. Assume that the supply and demand curves for oil are linear. The current estimates of the price elasticity of supply and demand in the U.S. are η = 1 and ε = - .2 respectively. Assume that the supply and demand curves for oil are linear. In other words, supply can be expressed as S(p) = a + bp, and demand as D(p) = e - fp. a. Derive a and b, the horizontal (quantity) intercept and slope of the supply curve .b. Derive the components of the demand curve, e and f .Now assume that the U.S. government has decided to purchase an additional 2 million barrels of oil per day and put it into the strategic petroleum reserve. In other words, this additional oil is pumped into the ground and not circulated in the existing U.S. oil market. c. Draw (using supply and demand curves) the impact of this new government policy on the U.S. oil market. d. Calculate the new equilibrium price resulting from the government's new policy.
A defense attorney notices on his appointment calendar that his next client's last name is "Reddog." He is a bit surprised at the spelling. How might stereotypes play into the attorney's assumptions about the client and shape the interaction during t..
In an experiment,
A hydrogen atom consists of a positively charged proton (nucleus) and a negatively charged electron. The following is correct due to Coulomb's law:
requirements1 content of the paper should be 4 pages not include the information page and references page.2 the paper
analyzing the integral role sentencing plays in the criminal justice process and its effects on society.
You're carrying a 3.0-m-long, 22 pole to a construction site when you decide to stop for a rest. You place one end of the pole on a fence post and hold the other end of the pole 35 from its tip. How much force must you exert to keep the pole motionle..
Identify and explain a significant contribution made by Chinese immigrants or Indian immigrants to American society and/or to the workforce during this time period.
Provide three (3) examples of how federalism has evolved from its origins to the American political system in place today.
Write annotated bibliography of given article: Importance of traveler attitudes in the choice of public transportation to work: findings from the Regional Transportation Authority Attitudinal Survey
you are the director of patient services for a federally qualified health center. the department of health and human
q1. assume that everyone in the world was perfectly capable of remembering internet addresses instead of just host
New medical treatments, by strict definition, are not the "current medical practice". Should a physician be immune from liability for harm suffered by a patient who is among the first to be treated in a new and innovative manner in which the potentia..
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