subject
Business, 12.10.2020 01:01 annaharmon693

Market data indicates customers will buy 700 sprockets if they are prices at $13 each. If the price rises to $15 they will only buy 500. If the price is $12 a sprocket, the producers will make 400 sprockets. If the price rises to $13 a sprocket, they will produce 600 sprockets. (a) Find a linear model for the demand price. (b) Find a linear model for the supply price. (c) Use Desmos to find the equilibrium point. What number of units is supplied and demanded? What is the price?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 17:30, adenn3693
You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.
Answers: 3
image
Business, 22.06.2019 10:30, volleyballfun24
Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u. s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u. s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u. s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u. s. gaap balances to ifrs.
Answers: 1
image
Business, 22.06.2019 15:40, brashley
Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?
Answers: 2
image
Business, 22.06.2019 17:10, mikailah0988
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
You know the right answer?
Market data indicates customers will buy 700 sprockets if they are prices at $13 each. If the price...

Questions in other subjects:

Konu
Biology, 29.01.2021 14:00
Konu
History, 29.01.2021 14:00