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2 weeks ago Edited: 2 weeks ago, bio_man
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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Educator
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.

Try: 99944.48121
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wrote...
Educator
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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