Reference no: EM13277402
Starting with the estimated demand function for Chevrolets in problem Qc = 100,000 - 100Pc + 2,000N + 50 I + 30 Pf -1,000Pg + 3A + 40,000Pi, assume that the average value of the independent variables changes to N= 225 million, I=$12,000, Pf = $10,000, Pg= 100 cents, A = $250,000, and Pi =0 (i.e., the incentives are phased out). (a) Find the equation of the new demand curve for Chevrolets. (b) Plot this new demand curve, D'c, and, on the same graph, plot the demand curve for Chevrolets, Dc.
Note on (a): Substitute the given value of independent variables into the equation in problem Qc = 100,000 - 100Pc + 2,000N + 50 I + 30 Pf -1,000Pg + 3A + 40,000Pi and show the new equation as Qc = a -100Pc, a is a number.
Note on (b): If Pc is $10,000, find the value of Qc.
|
Find the second moment and the variance of x
: An optical communication system employs a photodetector whose output is modeled as a Poisson(λ ) random variable X. Find the second moment and the variance of X.
|
|
Find the probability that the aircraft cannot fly
: On a certain aircraft, the main control circuit on an autopilot fails with probability p. A redundant backup circuit fails independently with probability q. The aircraft can fly if at least one of the circuits is functioning.
|
|
Find the probability that a packet is dropped
: Due to an Internet configuration error, packets sent from New York to Los Angeles are routed through El Paso, Texas with probability 3/4. Given that a packet is routed through El Paso, suppose it has conditional probability 1/3 of being dropped.
|
|
Explain what is the specific heat capacity of the alloy
: A 34.5-g sample of an alloy at 93.0 degrees Celsius is placed into 50.0 g of water at 22.0 degrees Celsius in an insulated coffee-cup calorimeter with a heat capacity of 9.2 J/K. If the final temperature of the system is 31.1 degrees Celsius, what..
|
|
Find the value of qc
: Find the value of Qc.
|
|
Like the one that you can play on brainvista
: Consider a game of Tower of Hanoi (like the one that you can play on BrainVista). If the tower has 2 discs, the least possible moves with which you can move the entire tower to another peg is 3. If the tower has 3 discs, the least possible moves with..
|
|
Determine the required resistance of the coil
: Nichrome wire of cross-sectional radius 0.768 mm is to be used in winding a heating coil. determine the required resistance of the coil
|
|
Define what mass of melamine c3n3(nh2)3
: What mass of melamine, C3N3(NH2)3 will be obtained from 178.5 kg of urea, Co(NH2)2 if the yield overall reaction is 83%
|
|
What is the trend in profit margin over the three years
: What is the trend, in each company, in total revenues over the three years and what is the trend in profit margin over the three years?
|