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Given: (x is number of items) Demand function: d ( x ) = 200 − 0.2 x d(x)=200-0.2x Supply ...
Catracho
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Given: (x is number of items) Demand function: d ( x ) = 200 − 0.2 x d(x)=200-0.2x Supply ...
Given: (x is number of items)
Demand function: d(x)=200-0.2x
Supply function: s(x) = 0.6x
Find the equilibrium quantity:
Find the consumers surplus at the equilibrium quantity:
Find the accumulated present value of an investment over a 8 year period if there is a
continuous money flow of $12,000 per year and the interest rate is 1% compounded
continuously.
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Given: (x is number of items) Demand function: d ( x ) = 200 − 0.2 x d(x)=200-0.2x Supply ...
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bio_man
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#1
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2 weeks ago
Quote from: Catracho (2 weeks ago)
Find the accumulated present value of an investment over a 8 year period if there is a continuous money flow of $12,000 per year and the interest rate is 1% compounded continuously.
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99944.48121
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bio_man
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#2
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2 weeks ago
Quote from: Catracho (2 weeks ago)
Given: (x is number of items) Demand function: d(x)=200-0.2x Supply function: s(x) = 0.6x Find the equilibrium quantity:
Set the two equations equal to each other:
200 - 0.2x = 0.6x
Solve for x
200 = 0.6x + 0.2x
200 = 0.8x
x = 250
is answer to the first block
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