HELP!! Im not sure what i did wrong!!

HELP!! Im Not Sure What I Did Wrong!!

Answers

Answer 1

I'm not sure what exactly you did wrong, but I agree with you that the sample size is too small, so the correct answer will probably be the fourth options. Hope that this gives you some confidence, and 'm sorry not to be able to help you any further...


Related Questions

What is the slope of this line?

Answers

Answer:

3/2

Step-by-step explanation:

We can find the slope of this line by using two points

(1,-3) and (3,0)

m = (y2-y1)/(x2-x1)

    = (0- -3)/(3 -1)

    = (0+3)/(3-1)

    = 3/2

A sample of 26 offshore oil workers took part in a simulated escape exercise, and their escape time (unit: second) were observed. The sample mean and sample standard deviation are 370.69 and 24.36, respectively. Suppose the investigators had believed a priori that true average escape time would be at most 6 minutes. Does the data contradict this prior belief? Assuming normality, test the appropriate hypotheses using the rejection region method at a significance level of 0.05.

Answers

Answer:

Yes, it contradict this prior belief as there is enough evidence to support the claim that the true average escape time is significantly higher than 6 minutes.

Test statistic t=2.238>tc=1.708.

The null hypothesis is rejected.

Step-by-step explanation:

This is a hypothesis test for the population mean.

The claim is that the true average escape time is significantly higher than 6 minutes (360 seconds).

Then, the null and alternative hypothesis are:

[tex]H_0: \mu=360\\\\H_a:\mu> 360[/tex]

The significance level is 0.05.

The sample has a size n=26.

The sample mean is M=370.69.

As the standard deviation of the population is not known, we estimate it with the sample standard deviation, that has a value of s=24.36.

The estimated standard error of the mean is computed using the formula:

[tex]s_M=\dfrac{s}{\sqrt{n}}=\dfrac{24.36}{\sqrt{26}}=4.777[/tex]

Then, we can calculate the t-statistic as:

[tex]t=\dfrac{M-\mu}{s/\sqrt{n}}=\dfrac{370.69-360}{4.777}=\dfrac{10.69}{4.777}=2.238[/tex]

The degrees of freedom for this sample size are:

[tex]df=n-1=26-1=25[/tex]

The critical value for a  right-tailed test with a significance level of 0.05 and 25 degrees of freedom is tc=1.708. If the test statistic is bigger than 1.708, it falls in the rejection region and the null hypothesis is rejected.

As the test statistic t=2.238 is bigger than the critical value t=1.708, the effect is significant.  The null hypothesis is rejected.

There is enough evidence to support the claim that the true average escape time is significantly higher than 6 minutes (360 seconds).

Basic factoring. Please help!

Answers

Answer:

-1(3 - y)

Step-by-step explanation:

If you factor out a negative 1, you will get the opposite signs you already have, so -1(3 - y). To check, we can simply distribute again:

-3 + y

So our answer is 2nd Choice.

A normally distributed data set with a mean of 35 and a standard deviation of 5 is represented by the normal curve. What is the z–score corresponding to 45?

Answers

Answer:

The z–score corresponding to 45 is z=2.

Step-by-step explanation:

We have a random variable X represented by a normal distribution, with mean 35 and standard deviation 5.

The z-score represents the value X relative to the standard normal distribution. This allows us to calculate probabilities for any given normal distribution with the same table.

The z-score for X=45 can be calculated as:

[tex]z=\dfrac{X-\mu}{\sigma}=\dfrac{45-35}{5}=\dfrac{10}{5}=2[/tex]

The z–score corresponding to 45 is z=2.

We are standing on the top of a 320 foot tall building and launch a small object upward. The object's vertical altitude, measured in feet, after t seconds is h ( t ) = − 16 t 2 + 128 t + 320 . What is the highest altitude that the object reaches?

Answers

Answer:

The highest altitude that the object reaches is 576 feet.

Step-by-step explanation:

The maximum altitude reached by the object can be found by using the first and second derivatives of the given function. (First and Second Derivative Tests). Let be [tex]h(t) = -16\cdot t^{2} + 128\cdot t + 320[/tex], the first and second derivatives are, respectively:

First Derivative

[tex]h'(t) = -32\cdot t +128[/tex]

Second Derivative

[tex]h''(t) = -32[/tex]

Then, the First and Second Derivative Test can be performed as follows. Let equalize the first derivative to zero and solve the resultant expression:

[tex]-32\cdot t +128 = 0[/tex]

[tex]t = \frac{128}{32}\,s[/tex]

[tex]t = 4\,s[/tex] (Critical value)

The second derivative of the second-order polynomial presented above is a constant function and a negative number, which means that critical values leads to an absolute maximum, that is, the highest altitude reached by the object. Then, let is evaluate the function at the critical value:

[tex]h(4\,s) = -16\cdot (4\,s)^{2}+128\cdot (4\,s) +320[/tex]

[tex]h(4\,s) = 576\,ft[/tex]

The highest altitude that the object reaches is 576 feet.

PLEASE ANSWER FAST, THANKS! :)

Answers

Answer:

Step-by-step explanation:

k = 3 ; 2k + 2 = 2*3 + 2 = 6 + 2 = 8

k = 4;  2k + 2 = 2*4 + 2 = 8 +2 = 10

k =5; 2k + 2 = 2*5 +2 = 10+2 = 12

k=6;  2k +2 = 2*6 + 2 = 12+2 = 14

k = 7 ; 2k + 2 = 2*7 +2 = 14 +2 = 16

k = 8 ; 2k + 2 = 2*8 + 2 = 16 +2 = 18

∑ (2k + 2) = 8 + 10 + 12 + 14 + 16 + 18 = 78

CAN SOMEONE HELP ME ASAP







A. 5
B. 53‾√53
C. 10
D. 103√3

Answers

Answer:

n = 5

Step-by-step explanation:

Since this is a right triangle, we can use trig functions

tan theta = opp/ adj

tan 30 = n/ 5 sqrt(3)

5 sqrt(3) tan 30 = n

5 sqrt(3) * 1/ sqrt(3) = n

5 = n

i-Ready
Sofia
The area of a rectangle is 7/9 square feet. The width of the rectangle is 2 1/3 feet. What is the length of the rectangle?

Answers

Answer:

1/3 feet.

Step-by-step explanation:

The length = area / width

= 7/9 / 2 1/3

= 7/9 / 7/3

= 7/9 * 3/7

= 3/9

= 1/3 feet,

Convert 2 1/3 into an improper fraction

Now divide 7/9 with 7/3

Answer: 1/3

Check: 1/3*7/3=7/9

The first card selected from a standard 52-card deck was a king. If it is returned to the deck, what is the probability that a king will be drawn on the second selection

Answers

Answer:

[tex]\frac{1}{13}[/tex]

Step-by-step explanation:

The probability P(A) that an event A will occur is given by;

P(A) = [tex]\frac{number-of-possible-outcomes-of-event-A}{total-number-of-sample-space}[/tex]

From the question,

=>The event A is selecting a king the second time from a 52-card deck.

=> In the card deck, there are 4 king cards. After the first selection which was a king, the king was returned. This makes the number of king cards return back to 4. Therefore,

number-of-possible-outcomes-of-event-A = 4

=> Since there are 52 cards in total,

total-number-of-sample-space = 52

Substitute these values into equation above;

P(Selecting a king the second time) = [tex]\frac{4}{52}[/tex] = [tex]\frac{1}{13}[/tex]

16. How much money will I need to have at retirement so I can withdraw $60,000 a year for 20 years from an account earning 8% compounded annually? a. How much do you need in your account at the beginning b. How much total money will you pull out of the account? c. How much of that money is interest?

Answers

Answer:

starting balance: $636,215.95total withdrawals: $1,200,000interest withdrawn: $563,784.05

Step-by-step explanation:

a) If we assume the annual withdrawals are at the beginning of the year, we can use the formula for an annuity due to compute the necessary savings.

The principal P that must be invested at rate r for n annual withdrawals of amount A is ...

  P = A(1+r)(1 -(1 +r)^-n)/r

  P = $60,000(1.08)(1 -1.08^-20)/0.08 = $636,215.95

__

b) 20 withdrawals of $60,000 each total ...

  20×$60,000 = $1,200,000

__

c) The excess over the amount deposited is interest:

  $1,200,000 -636,215.95 = $563,784.05

Given the equation y = 7 sec(6x– 30)

The period is:

The horizontal shift is:

Answers

Answer:

The period is of [tex]\frac{\pi}{3}[/tex] units.

The horizontal shift is of 30 units to the left.

Step-by-step explanation:

The secant function has the following general format:

[tex]y = A\sec{(Bx + C)}[/tex]

A represents the vertical shift.

C represents the horizontal shift. If C is positive, the shift is to the right. If it is negative, it is to the left.

The period is [tex]P = \frac{2\pi}{B}[/tex]

In this question:

[tex]y = 7\sec{6x - 30}[/tex]

So [tex]B = 6, C = -30[/tex]

Then [tex]P = \frac{2\pi}{6} = \frac{\pi}{3}[/tex]

The period is of [tex]\frac{\pi}{3}[/tex] units.

The horizontal shift is of 30 units to the left.

a. dashed line, shade below
b. dashed line, shaded above
c. solid line, shade above
d. solid line, shade below

Answers

Answer:

the answer is A

Step-by-step explanation:

11. If 4 < x < 14, what is the range for -x - 4?

Answers

Answer:

-18 < -x-4 < -8

Step-by-step explanation:

We start with the initial range as:

4 < x < 14

we multiplicate the inequation by -1, as:

-4 > -x > -14

if we multiply by a negative number, we need to change the symbols < to >.

Then, we sum the number -4, as:

-4-4> -x-4 > -14-4

-8 > -x-4 > -18

Finally, the range for -x-4 is:

-18 < -x-4 < -8

The Ball Corporation's beverage can manufacturing plant in Fort Atkinson, Wisconsin, uses a metal supplier that provides metal with a known thickness standard deviation σ = .000586 mm. Assume a random sample of 59 sheets of metal resulted in an x¯ = .2905 mm. Calculate the 95 percent confidence interval for the true mean metal thickness.

Answers

Answer:

The 95 percent confidence interval for the true mean metal thickness is between 0.2903 mm and 0.2907 mm

Step-by-step explanation:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1-0.95}{2} = 0.025[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1-\alpha[/tex].

So it is z with a pvalue of [tex]1-0.025 = 0.975[/tex], so [tex]z = 1.96[/tex]

Now, find the margin of error M as such

[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

[tex]M = 1.96\frac{0.000586}{\sqrt{59}} = 0.0002[/tex]

The lower end of the interval is the sample mean subtracted by M. So it is 0.2905 - 0.0002 = 0.2903 mm

The upper end of the interval is the sample mean added to M. So it is 0.2905 + 0.0002 = 0.2907 mm

The 95 percent confidence interval for the true mean metal thickness is between 0.2903 mm and 0.2907 mm

The vector matrix[ 27 ]is dilated by a factor of 1.5 and then reflected across the X axis if the resulting matrix is a B then a equals an VE

Answers

Correct question:

The vector matrix [ [tex] \left[\begin{array}{ccc}2\\7\end{array}\right] [/tex] is dilated by a factor of 1.5 and then reflected across the x axis. If the resulting matrix is [a/b] then a=??? and b=???

Answer:

a = 3

b = 10.5

Step-by-step explanation:

Given:

Vector matrix = [tex] \left[\begin{array}{ccc}2\\7\end{array}\right] [/tex]

Dilation factor = 1.5

Since the vector matrix is dilated by 1.5, we have:

[tex] \left[\begin{array}{ccc}1.5 * 2\\1.5 * 7\end{array}\right] [/tex]

= [tex] \left[\begin{array}{ccc}3\\10.5\end{array}\right] [/tex]

Here, we are told the vector is reflected on the x axis.

Therefore,

a = 3

b = 10.5

Answer:

a = 3

b = -10.5

Step-by-step explanation:

got a 100% on PLATO


I need help on a question real quick

Answers

Answer:

4x-3y

Step-by-step explanation:

List price is 45$ if the sales tax rate is 7% how much is the sales tax in dollars

Answers

$3.15 tax $48.15 all together

Answer:

3.15 dollars

Step-by-step explanation:

The sales tax rate is 7% = 0.07

So, we need to multiply the listed price and the sales tax rate.

= 45 * 0.07 = 3.150 (3.15)

Hope this helps and please mark as the brainliest

a.) The perimeter of a rectangular field is 354 m. If the length of the field is 95m, what is its width? b.) The area of a rectangular painting is 8439 cm^2. If the width of the painting is 87cm, what is its length?

Answers

Answer:

a) 82

b) 97

Step-by-step explanation:

a) 354 - (95+95)

354 - 190

164

164 ÷ 2 = 82

(82+82+95+95=254)

b) 8439 cm^2 = 87x

8439 cm^2 ÷ 87 = 87x ÷ 87

97 = x

which of the following statements is false?

Answers

Answer:

A.

Step-by-step explanation:

It's the first one. The angles are supplementary not complementary.

Answer:

I would have to say A

Step-by-step explanation:

The curvature of a plane parametric curve x = f(t), y = g(t) is $ \kappa = \dfrac{|\dot{x} \ddot{y} - \dot{y} \ddot{x}|}{[\dot{x}^2 + \dot{y}^2]^{3/2}}$ where the dots indicate derivatives with respect to t. Use the above formula to find the curvature. x = 6et cos(t), y = 6et sin(t)

Answers

Answer:

The curvature is modelled by [tex]\kappa = \frac{e^{-t}}{6\sqrt{2}}[/tex].

Step-by-step explanation:

The equation of the curvature is:

[tex]\kappa = \frac{|\dot {x}\cdot \ddot {y}-\dot{y}\cdot \ddot{x}|}{[\dot{x}^{2}+\dot{y}^{2}]^{\frac{3}{2} }}[/tex]

The parametric componentes of the curve are:

[tex]x = 6\cdot e^{t} \cdot \cos t[/tex] and [tex]y = 6\cdot e^{t}\cdot \sin t[/tex]

The first and second derivative associated to each component are determined by differentiation rules:

First derivative

[tex]\dot{x} = 6\cdot e^{t}\cdot \cos t - 6\cdot e^{t}\cdot \sin t[/tex] and [tex]\dot {y} = 6\cdot e^{t}\cdot \sin t + 6\cdot e^{t} \cdot \cos t[/tex]

[tex]\dot x = 6\cdot e^{t} \cdot (\cos t - \sin t)[/tex] and [tex]\dot {y} = 6\cdot e^{t}\cdot (\sin t + \cos t)[/tex]

Second derivative

[tex]\ddot{x} = 6\cdot e^{t}\cdot (\cos t-\sin t)+6\cdot e^{t} \cdot (-\sin t -\cos t)[/tex]

[tex]\ddot x = -12\cdot e^{t}\cdot \sin t[/tex]

[tex]\ddot {y} = 6\cdot e^{t}\cdot (\sin t + \cos t) + 6\cdot e^{t}\cdot (\cos t - \sin t)[/tex]

[tex]\ddot{y} = 12\cdot e^{t}\cdot \cos t[/tex]

Now, each term is replaced in the the curvature equation:

[tex]\kappa = \frac{|6\cdot e^{t}\cdot (\cos t - \sin t)\cdot 12\cdot e^{t}\cdot \cos t-6\cdot e^{t}\cdot (\sin t + \cos t)\cdot (-12\cdot e^{t}\cdot \sin t)|}{\left\{\left[6\cdot e^{t}\cdot (\cos t - \sin t)\right]^{2}+\right[6\cdot e^{t}\cdot (\sin t + \cos t)\left]^{2}\right\}^{\frac{3}{2}}} }[/tex]

And the resulting expression is simplified by algebraic and trigonometric means:

[tex]\kappa = \frac{72\cdot e^{2\cdot t}\cdot \cos^{2}t-72\cdot e^{2\cdot t}\cdot \sin t\cdot \cos t + 72\cdot e^{2\cdot t}\cdot \sin^{2}t+72\cdot e^{2\cdot t}\cdot \sin t \cdot \cos t}{[36\cdot e^{2\cdot t}\cdot (\cos^{2}t -2\cdot \cos t \cdot \sin t +\sin^{2}t)+36\cdot e^{2\cdot t}\cdot (\sin^{2}t+2\cdot \cos t \cdot \sin t +\cos^{2} t)]^{\frac{3}{2} }}[/tex]

[tex]\kappa = \frac{72\cdot e^{2\cdot t}}{[72\cdot e^{2\cdot t}]^{\frac{3}{2} } }[/tex]

[tex]\kappa = [72\cdot e^{2\cdot t}]^{-\frac{1}{2} }[/tex]

[tex]\kappa = 72^{-\frac{1}{2} }\cdot e^{-t}[/tex]

[tex]\kappa = \frac{e^{-t}}{6\sqrt{2}}[/tex]

The curvature is modelled by [tex]\kappa = \frac{e^{-t}}{6\sqrt{2}}[/tex].

of the following fractions which is 50% greater than 3/7

Answers

Answer:

9/14

Step-by-step explanation:

3/7 + 50%×3/7 =

= 3/7 + 1/2×3/7

= 3/7 + 3/14

= 6/14 + 3/14

= 9/14

The required fraction which 50% grater than 3/7 is 9/14.


Fraction to determine that 50% grater than 3/7.


What is fraction?

Fraction of the values is number represent in form of Numerator and denominator.


Here, fraction = 50% grater than 3/7
                     
= 1.5 x 3/7
                    = 4.5/7
                     =  45/70
                     
= 9/14

Thus, The required fraction which 50% grater than 3/7 is 9/14.

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SNOG PLEASE HELP! (x-1)(y+8)

Answers

Answer:

xy + 8x - y - 8

Step-by-step explanation:

We can use the FOIL method to expand these two binomials. FOIL stands for First, Outer, Inner, Last.

F: The First means that we multiply the first terms of each binomial together. In this case, that would be x · y = xy.

O: The Outer means that we multiply the outer terms, or the first term of the first binomial and the second term of the last binomial, together. In this case, that would be x · 8 = 8x.

I: The Inner means that we multiply the inner terms, or the second term of the first binomial and the first term of the second binomial, together. In this case, that would be (-1) · y = -y.

L: The Last means that we multiply the last terms of each binomial together. In this case, that would be (-1) · 8 = -8.

Adding all of these together, we get xy + 8x - y - 8 as our final answer.

Hope this helps!

Answer:

[tex]xy+8x-y-8[/tex]

Step-by-step explanation:

=> (x-1)(y+8)

Using FOIL

=> [tex]xy+8x-y-8[/tex]

What is the measure of

Answers

Answer:

C. 35

55 degrees + 35 degrees= 90 degrees

The point P(7, −2) lies on the curve y = 2/(6 − x). (a) If Q is the point (x, 2/(6 − x)), use your calculator to find the slope mPQ of the secant line PQ (correct to six decimal places) for the following values of x.
(i) 6.9
mPQ = 1
(ii) 6.99
mPQ = 2
(iii) 6.999
mPQ = 3
(iv) 6.9999
mPQ = 4
(v) 7.1
mPQ = 5
(vi) 7.01
mPQ = 6
(vii) 7.001
mPQ = 7
(viii) 7.000
mPQ = 8
(b) Using the results of part (a), guess the value of the slope m of the tangent line to the curve at
P(7, −2).
m = 9
(c) Using the slope from part (b), find an equation of the tangent line to the curve at
P(7, −2).

Answers

The equation of the tangent line to the curve at P(7, -2) is y = 2x -16.

For each given value of x, we substitute the coordinates of P and Q into the slope formula to find the slope mPQ.

(i) For x = 6.9:

mPQ = (2/(6 - 6.9) - (-2)) / (6.9 - 7)

= 2.22

(ii) For x = 6.99:

mPQ = (2/(6 - 6.99) - (-2)) / (6.99 - 7)

= 2.020

(iii) For x = 6.999:

mPQ = (2/(6 - 6.999) - (-2)) / (6.999 - 7)

= 2.002002

(iv) For x = 6.9999:

mPQ = (2/(6 - 6.9999) - (-2)) / (6.9999 - 7)

= 2.000200

(v) For x = 7.1:

mPQ = (2/(6 - 7.1) - (-2)) / (7.1 - 7)

= 1.818182

(vi) For x = 7.01:

mPQ = (2/(6 - 7.01) - (-2)) / (7.01 - 7)

= 1.980198

(vii) For x = 7.001:

mPQ = (2/(6 - 7.001) - (-2)) / (7.001 - 7)

= 1.998002

(viii) For x = 7.0001:

mPQ = (2/(6 - 7.0001) - (-2)) / (7.0001 - 7)

= 1.999800

By observing the pattern in the calculated slopes, we can see that as x approaches 7, the slope of the secant line PQ approaches 2.

Using the point-slope form, we have:

y - y₁ = m(x - x₁)

Substituting the values of P(7, -2), we have:

y - (-2) = 2(x - 7)

y = 2x -16

Therefore, the equation of the tangent line to the curve at P(7, -2) is y = 2x -16.

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A 12 sided die is rolled the set of equally likely outcomes is 123 456-789-10 11 and 12 find the probability of rolling a number greater than three

Answers

Answer:

6

Step-by-step explanation:

nerd physics

The straight line L has equation y = 1/2x+7 The straight line M is parallel to L and passes through the point (0, 3). Write down an equation for the line M.

Answers

Answer:

y = [tex]\frac{1}{2}[/tex] x + 3

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

y = [tex]\frac{1}{2}[/tex] x + 7 ← is in slope- intercept form

with slope m = [tex]\frac{1}{2}[/tex]

Parallel lines have equal slopes

line M crosses the y- axis at (0, 3) ⇒ c = 3

y = [tex]\frac{1}{2}[/tex] x + 3 ← equation of line M

My question is probably obvious but I don't know it. What is the z axis

Answers

Answer:

z-Axis. The axis in three-dimensional Cartesian coordinates which is usually oriented vertically. Cylindrical coordinates are defined such that the -axis is the axis about which the azimuth coordinate. is measured.

Step-by-step explanation:

Perform the indicated operation.

Answers

Answer:

√75 = 5√3 and √12 = 2√3 so √75 + √12 = 5√3 + 2√3 = 7√3.

Answer:

[tex] 7\sqrt{3} [/tex]

Step-by-step explanation:

[tex] \sqrt{12} \: can \: be \: simplified \: as \: 2 \sqrt{3} \: and \: \sqrt{75} \: canbe \: simplified \: as \: 5 \sqrt{3} \\ after \: simplifying \: we \: can \: add \: them \: up \\ 2 \sqrt{3} + 5 \sqrt{3} = 7 \sqrt{3} [/tex]

If x is a binomial random variable with n trials and success probability p , then as n gets smaller, the distribution of x becomes

Answers

Answer:

If the value of n gests smaller then the distribution of X would be more skewed, that's a property of the binomial distribution

Step-by-step explanation:

For this problem we are assumeing that the random variable X is :

[tex] X \sim Bin(n,p)[/tex]

If the value of n gests smaller then the distribution of X would be more skewed, that's a property of the binomial distribution and if we don't satisfy this two conditions:

[tex] n p>10[/tex]

[tex]n(1-p) >10[/tex]

Then we can't use the normal approximation

The U.S. Department of Agriculture guarantees dairy producers that they will receive at least $1.00 per pound of butter they supply to the market. Below is the current monthly demand and supply schedule for wholesale butter (in millions of pounds per month). Wholesale Butter Market
Price (dollars per pound) Quantity of Butter Demanded Quantity of Butter Supplied
(millions of pounds) (millions of pounds)
$0.80 107 63 0
.90 104 71
1.00 101 79
1.10 98 87
1.20 95 95
1.30 92 103
1.40 89 111
1.50 86 119
1.60 83 127
1.70 80 135
1.80 77 143
a. In the butter market, the monthly equilibrium quantity is million pounds and the equilibrium price is $ per pound.
b. What is the monthly surplus created in the wholesale butter market due to the price support (price floor) program? 22 million pounds 79 million pounds Zero 11 million pounds Suppose that a decrease in the cost of feeding cows shifts the supply schedule to the right by 40 million pounds at every price.

Answers

Answer:

a. In the butter market, the monthly equilibrium quantity is 95 million pounds and the equilibrium price is $1.2 per pound.

b. The correct option is zero.

c. See the attached excel file for the new supply schedule.

d. The monthly surplus created by the price support program is 18 million pounds given the new supply of butter.

Step-by-step explanation:

Note: This question is not complete. A complete question is therefore provided in the attached Microsoft word file.

a. In the butter market, the monthly equilibrium quantity is million pounds and the equilibrium price is $ per pound.

At equilibrium, quantity demanded must be equal with the quantity supplied.

In this question, equilibrium occurs at the price of $1.20 per pound and quantity of 95 million pounds.

Therefore, in the butter market, the monthly equilibrium quantity is 95 million pounds and the equilibrium price is $1.2 per pound.

b. What is the monthly surplus created in the wholesale butter market due to the price support (price floor) program?

Price floor refers to a government price control on the lowest price that can be charged for a commodity.

It should be noted that for a price floor to be binding, it has to be fixed above the equilibrium price.

Since the price floor of $1 per pound is lower than the equilibrium price of $1.2 per pound, the price floor will therefore not be binding. As a result, the market will still be at the equilibrium point and the monthly surplus created in the wholesale butter market due to the price support (price floor) program will be zero.

Therefore, the correct option is zero.

c. Fill in the new supply schedule given the change in the cost of feeding cows.

Since a decrease in the cost of feeding cows shifts the supply schedule to the right by 40 million pounds at every price, this implies that there will be an increase in supply by 40 million at each price.

Note: Find attached the excel file for the new supply schedule.

d. Given the new supply of butter, what is the monthly surplus of butter created by the price support program?

Since the price floor has been fixed at $1 per pound by the price support program, we can observe that the quantity demanded is 101 million pounds and quantity supplied is 119 million pounds at this price floor of $1. The surplus created is then the difference between the quantity demanded and quantity supplied as follows:

Surplus created = Quantity supplied - Quantity demanded = 119 - 101 = 18 million pounds

Therefore, the monthly surplus created by the price support program is 18 million pounds given the new supply of butter.

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