State the demand function for a certain make of replacement

Assignment Help Mathematics

Reference no: EM13201286

The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. p = -0.01x^2 - 0.2 x + 56 Determine the consumers' surplus if the market price is set at $8/cartridge. (Round your answer to two decimal places.)

Reference no: EM13201286

Questions Cloud

State the survey takers predict candidate a should receive : A survey of 1000 registered voters revealed that 450 people would vote for candidate A in an upcoming election. If 220,000 people vote in the election, how many votes would the survey takers predict candidate A should receive?

State how much energy is needed to pump all the water : How much energy is needed to pump all the water to the top of the tank? How much energy is needed to pump all the water to a point 3 m above the top of the tank?

What comparative advantage does this news clip identify : Hearts set on joining the global economy, Indian IT workers are brushing up on their interpersonal skills.The huge number of Indian workers staffing the world's tech firms and call centers. possess cutting-edge technical knowledge, their interperso..

Compute a strategy out when the supernova actually occures : execute a strategy out when the supernova actually occures, relative to when the chinese astronomers saw the explosion

State the demand function for a certain make of replacement : The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week

What range of payments will the farmer accept : What are the highest and lowest payments from the writer that the beekeeper farmer team will accept for the sixth day Assuming that the beekeeper accepts Assuming that the beekeeper gets the amount,

Program a monte carlo model for options on energy : Program a Monte Carlo model for options on Energy. It should be mean-reverting and include spikes. Give several alternative structures. How much would be issued in each tranche and what coupon would each tranche pay

State the solid bounded by the graphs of the equations : Use the Divergence Theorem to evaluate the following integral and find the outward flux of F through the surface of the solid bounded by the graphs of the equations.

State results in slope-intercept form and where possible : Write the equation of the line passing through each of the given points with the indicated slope. Give your results in slope-intercept form, where possible.

User Account

All Pages