Suppose the supply and price for a prescription

Assignment Help Mathematics
Reference no: EM13853489

Suppose the supply and price for a prescription are related by

P=.0015q +1 where p is the price in dollars of a 30 day prescribtion if the demand is related to price by P= 0025q + 64.36. What is the equilibrium quantity and price.

 

 

Reference no: EM13853489

Questions Cloud

Strengths and weaknesses of this market research project : You are in charge of preparing a memo for the Board of Directors analyzing how to best build ticket sales for the remaining 4 months of the season. What decisions did you make? What are the strengths and weaknesses of this market research project
A man slides down a ramp on a wheel chair : A man slides down a ramp on a wheel chair. If the mass of the chair is 50kg, calculate the mass of the person sitting on the chair.
Logarithm using the properties of logarithms : Approximate the logarithm using the properties of logarithms, given  logb 2 ≈ 0.3562, logb 3 ≈ 0.5646, and  logb 5 ≈ 0.8271.(Round your answer to four decimal places.)  logb(5b)-3Determine the principal P that must be invested at rate r = 3
Define the interest tax shield : Discuss market efficiency and the difference between weak form efficient, semi-strong form efficient and strong form. Define the "interest tax shield" and explain how it works with debt financing.
Suppose the supply and price for a prescription : Suppose the supply and price for a prescription are related by P=.0015q +1 where p is the price in dollars of a 30 day prescribtion if the demand is related to price by P= 0025q + 64.36. What is the equilibrium quantity and price.
Describe the five stages of the negotiation process : Describe the five stages of the negotiation process. Explain how the negotiation can be unsuccessful if you leave out one of the steps
Yield and frequency : Consider a 5 year bond with face value of 100 and price of 101 that has a coupon of 6% . What is the yield of this bond if the coupon is paid?
Develop an agenda for your first meeting with project team : Develop an agenda for your first meeting with the project team, scheduled for October 1st. Include a description of the project and rough scope, time, and cost goals. Assume the purpose of the first meeting is to get everyone up to speed and to bu..
Significant number of anheuser busch employees : In 2008, the Board of Directors and shareholders of Anheuser Busch agreed to be acquired by a Belgian Brewer (InBev). Prior to the merger, InBev made many pledges to AB regarding how the company would operate after the merger, how its employees would..

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd