If the revenue function for a particular commodity is R(p) = −53p2 + 64p, what is the (linear) demand function q(p)?

Answers

Answer 1

The Demand Function would be as follows:

[tex]Q = 64 - 53p[/tex]

What is Demand Function?

This shows the relationship between Price & Quantity, represents Quantity as a function of price.

Revenue is the total receipts from sale, with the formula [tex]= Price[/tex] × [tex]Quantity[/tex]

So,

[tex]Quantity = Revenue / Price[/tex]

Hence, dividing the given revenue equation by P, we get

[tex]Q = (- 53p^2 + 64p )[/tex][tex]/ pQ = - 53p + 64[/tex] {Demand Function}

So, above-mentioned [tex]Q = 64 - 53p[/tex] is the Demand Function.

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Related Questions

Before each class, I either drink a cup of coffee, a cup of tea, or a cup of water. The probability of coffee is 0.7, the probability of tea is 0.2, and the probability of water is 0.1. If I drink coffee, the probability that the lecture ends early is 0.3. If I drink tea, the probability that the lecture ends early is 0.2. If I drink water, the lecture never ends early. 1) What’s the probability that I drink tea and finish the lecture early? 2) What’s the probability that I finish the lecture early? 3) Given the lecture finishes early, what’s the probability I drank coffee?

Answers

Answer:

1. Probability of drinking tea and finishing the lecture early = 0.2 * 0.2 = 0.04 or 4%

2. Probability of finishing the lecture early = 50% (0.3 + 0.2).

3. Probability of drinking coffee = 0.21 or 21% (0.7 * 0.3)

Step-by-step explanation:

a) Data and Calculations:

            Probability   Early Ending    Expected Probability

Coffee     0.7               0.3                     0.21

Tea          0.2               0.2                    0.04

Water      0.1                

b) The probability of drinking coffee, tea, or water is the chance that the lecturer drinks either coffee or tea or water.  The combined probability of the three actions is always 1.  The expected probability is the weighing of the probabilities with another event, ending the lecture early.  This is obtained by multiplying their respective probabilities.

You have budgeted $3,200 per month for your total expenses. The cost of rent per month is $1,300 and the cost of food is $350. To stay within your budget, all other costs C must be no more than what amount (in $)?

Answers

Answer:

All other costs must be $1,550 or less

Step-by-step explanation:

1300+350=1650

3200-1650=1550

Using some mathematical operations, we know that to stay within the budget, the other cost will not be more than $1,550.

What exactly are mathematical operations?An operation is a mathematical function that transforms zero or more discrete input values into discrete output values. The complexity of the operation depends on how many operands there are. The rules that specify the order in which specific operations should be carried out in order to solve an expression are referred to as the order of operations. Parentheses, exponents, multiplication, division (from left to right), addition, and subtraction are the order of operations. (Left to Right) PEMDAS (from left to right).

So, cost C must be no more than:

The budget is $3200.The cost of rent and food is $1300 and $350.

Then, the remaining money will be:

3200 - (1300 + 350)3200 - 1,650$1,550

Therefore, using some mathematical operations, we know that to stay within the budget, the other cost will not be more than $1,550.

Know more about mathematical operations here:

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Write the​ point-slope form of the​ line's equation satisfying the given conditions. Then use the​ point-slope form of the equation to write the​ slope-intercept form of the equation.
Slope​,=4 passing through ​(​7,​5)
What is the​ point-slope form of the equation of the​ line?
?

Answers

Answer:

Step-by-step explanation:

y - 5 = 4(x - 7)

y - 5 = 4x - 28

y = 4x - 23

51988 rounded to the nearest ten thousand

Answers

Answer:

Your answer would be 52,000

F=kr Solve for k I'm lost please help

Answers

Answer:

F /r = k

Step-by-step explanation:

F=kr

Divide each side by r

F/r=kr/r

F /r = k

Please help would be very very appreciated

Answers

115 ounces is the answer

Answer:

115

Step-by-step explanation:

I hoped I help friend◇

y = 4x - 5.
Graph the math problem

Answers

Answer:

so first put a dot on -5 on the y axis then go up 4 and to the right 1 and put a second dot and connect them

If a2 = 5 and a8 = 35, what is the value of a30?

Answers

Answer:

a(30) = 145

Step-by-step explanation:

a(n) = a(1) + (n-1)d

d = 5

a(30) = 0 + (30-1)5

a(30) = 0 + (29)5

a(30) = 0 + 145

a(30) = 145

Using the concept of arithmetic sequence, the value of a30, which is the 30th term of the sequence is 145

The common difference, d = 35 / 7 = 5

The nth term of an arithmetic sequence is obtained using the relation :

A(n) = a1 + (n - 1)d

a1 = first term

a1 = a2 - d = 5 - 5 = 0

Hence,

A(30) = 0 + (30 - 1)5

A(30) = 0 + 29(5)

A(30) = 145

Therefore, the value of the 30th term of the sequence is 145.

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The perimeter of a rhombus is 40 cm and the length of one of its diagonals is 12 cm then the length of the other diagonal is

Answers

Answer:

16 cms.

Step-by-step explanation:

The length of each side = 40 / 4 = 10 cm (as the 4 sides of a rhombus are congruent).

If we draw the other diagonal we form 4 right angled triangles (another property of the rhombus - diagonals bisect each other at tight angles. ).

The side of the rhombus is the hypotenuse of the right triangle.

So if we consider one triangle:

10^2 = 6^2 + x^2   where x is half the length of the other diagonal.

x^2 = 10^2 - 6^2

x^2 = 100 - 36 = 64

x = 8 cm.

So the diagonal is 16 cms long.

What is the value of the correlation coefficient r of the data set?

Answers

You might have already done this now, but the answer is

0.84

I just finished the Quiz :)

On the map, the school and the sports park are 12 centimeters apart.

What is the actual distance between the school and the park?

Answers

Answer:

15 km

Step-by-step explanation:

On the map, the school and the sports park are 12 centimeters apart.

scale 4cm : 5km

find;

What is the actual distance between the school and the park?

solution:

        12 cm     =   4 cm                  

          X km            5 km

cross multiply:

4 cm X km = 12 cm (5 km)

X =  12 cm (5 km)

             4 cm

X = 15 km

therefore, the distance between the school and the sports park is 15 km

Your friend says the solution to the inequality 6X -12X is greater than or equal to -18 are x greater than or equal to 3. Solve the inequality correctly. What air did your friend make?

Answers

He forgot to switch the sign to less than or equal to after he divided -18 by -6 because when you divide by negatives, you flip the sign. The correct answer is x is less than or equal to 3

Wich is equivalent to 12(3 2/3)!?

Answers

Answer:

1/5 = 2/10 = 3/15 = 4/20

= 5/25 = 6/30 = 7/35 = 8/40

= 9/45 = 10/50 = 11/55 = 12/60

= 13/65 = 14/70 = 15/75 = 16/80

= 17/85 = 18/90 = 19/95 = 20/100

= 21/105 = 22/110 = 23/115 = 24/120

= 25/125 = 26/130 = 27/135 = 28/140

= 29/145 = 30/150 = 31/155 = 32/160

= 33/165 = 34/170 = 35/175 = 36/180

= 37/185 = 38/190 = 39/195 = 40/200

= 41/205 = 42/210 = 43/215 = 44/220

= 45/225 = 46/230 = 47/235 = 48/240

= 49/245 = 50/250 = 51/255 = 52/260

= 53/265 = 54/270 = 55/275 = 56/280

= 57/285 = 58/290 = 59/295 = 60/300

= 61/305 = 62/310 = 63/315 = 64/320

= 65/325 = 66/330 = 67/335 = 68/340

= 69/345 = 70/350 = 71/355 = 72/360

= 73/365 = 74/370 = 75/375 = 76/380

= 77/385 = 78/390 = 79/395 = 80/400

= 81/405 = 82/410 = 83/415 = 84/420

= 85/425 = 86/430 = 87/435 = 88/440

= 89/445 = 90/450 = 91/455 = 92/460

= 93/465 = 94/470 = 95/475 = 96/480

= 97/485 = 98/490 = 99/495 = 100/500

Step-by-step explanation:

all of these are equivalent

Answer: 36/11  Or 3 3/11

Step-by-step explanation:

357,335 rounded to the nearest ten357,335 rounded to the nearest ten

Answers

Answer:

357,340

Step-by-step explanation:

Locate the tens place:

357,335

Check the number to the right:

357,335

If the number is greater than or equal to 5, then we round up. If the number is less than or equal to 4, we round down.

The number next to the tens place is a '5'. We round up.

357,335 ≈ 357,340

Hope this helps.

Answer:

357340

Step-by-step explanation:

Find the difference of -4 -(5)

Answers

You answer I think is is -9

4. How did railroads change where people lived?
The railroads changed people life

Answers

Answer:

It made commerce possible on a vast scale. In addition to transporting western food crops and raw materials to East Coast markets and manufactured goods from East Coast cities to the West Coast.

Step-by-step explanation:

Answer:

There are multiple reasons, it made it easier to get new places to live instead of in a wagon or by foot. (in case there is more to the question) helped people and stuff needing to be transported get there quicker and easier. Building the railroads gave people jobs who need it to take care of them and there family.

Step-by-step explanation:

The telephone company offers two billing plans for local calls. Plan 1 charges ​$32 per month for unlimited calls and Plan 2 charges ​$17 per month plus ​$0.04 per call.
a. Use an inequality to find the number of monthly calls for which Plan 1 is more economical than Plan 2.
b. Explain the meaning of the answer to part a.

Answers

Step-by-step explanation:

Answer in image below press on it

Which y values are represented on the graph below?

Answers

..........................

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.
Online Content: Site 1

How can right triangles be similar based on their angles?

Answers

Answer:

a right triangle has at lease on 90 degree angle

Step-by-step explanation:

Answer:

By the Side-Angle-Side Similarity Theorem (SASS), if two sides of a triangle are in proportion with the corresponding sides of another triangle, and the included angles are congruent, then the triangles are similar.

Step-by-step explanation:

i got 100% on edg. hope this helps!

Clear selection
2 points
3. Stephanie can run one lap around a track in 5 minutes. Lisa can run one
lap in 6 minutes. If they start running at the same time, how long will it be
until they complete a lap together?
11
30
12
6

Answers

Answer: If they start running at the same time, then it will take 30 minutes until they complete a lap together.

Step-by-step explanation:

Given:  Stephanie can run one lap around a track in 5 minutes. Lisa can run one  lap in 6 minutes.

If they start running at the same time, then the time they will take to complete a lap together = LCM (5,6)

prime factorization: 5=5   , 6 =2 x 3

So, LCM(5,6) = 5 x 2  x 3 = 30

Hence, it will take 30 minutes until they complete a lap together.

Which equation show the relationship in the table?

Answers

Answer:

hours = 5 x dollars

Step-by-step explanation:

Because, for every hour you earn 5 dollars.

Hours =5 help this hope

A box is 21 centimeters tall. How tall would the box measure in meters?

Answers

Answer:

0.21

Step-by-step explanation:

divide the length value by 100  21 centimeters in meters is 0.21

Answer:

0.21 its the k12 test.

Step-by-step explanation:


Help ASAP pllllllllllsssssssssssssssssss

Answers

Answer:

15

Step-by-step explanation:

multiply the 6 by 3 and get 18, so do the same for the top, so 5 x3 = 15

Joey wants to collect 20 coins from foreign countries. If he has 3 coins so far, what percent of his collection is complete?

Answers

Answer:

17%

Step-by-step explanation:

I think you maybe have to subtract

Answer:

15%

hope this helps!

sin3A/sinA-Cos3A/CosA=2​

Answers

Answer:

sin3A/sinA-Cos3A/CosA=2​

taking LCM

= Sin3A.CosA - Cos3A. SinA

     SinA . CosA

= Sin(3A-A)

  SinA . CosA

=  Sin2A          

   SinA . CosA

= 2 SinA. CosA

    SinA . CosA

=2

Step-by-step explanation:

Choose whether the sum is positive, negative,
or zero.
-3 + 3 is

Answers

The answer is zero

-n+n=0 Always

= 0
Explanation :
The sum of any integer and its opposite is equal to zero.

solve for x 4 - (x + 2) < -3(x + 4)

Answers

in 4 - (x + 2) < -3(x + 4), x < -7

isolate the variable by dividing each side by factors that don't contain the variable.

Answer:

x<-7

Step-by-step explanation:

Use inverse operations to solve

4 - ( x + 2 ) < -3 ( x+ 4)

first distribute the (-) sign and the (-3)

4 -x -2 < -3x -12

simplify

2 -x < -3x -12

simplify again, with inverse operations

2 -x < -3x -12

+3x    +3x

2 + 2x < -12

-2           -2

2x < -14

/2       /2

x<-7

Write each number as a product of primes 1. 120 2. 160

Answers

Answer:

120=2*2*2*3*5

160=2*2*2*2*2*5

Step-by-step explanation:

Answer:

Below in bold.

Step-by-step explanation:

1.   120 = 12  * 10

= 2*2*3*2*5

= 2*2*2*3*5

2.  160 = 10 * 16

= 2*5*2*2*2*2

= 2*2*2*2*2*5

How would you write odds in favor?

Answers

Answer: Odds in favor = Number of successes: Number of failures

Step-by-step explanation:

Example

A jewelry box contains 5 white pearl, 2 gold rings and 6 silver rings. What are the odds of drawing a white pearl from the jewelry box?

Number of successes = 5

Number of failures = 2 + 6 = 8

Numbers of ways to draw a white pearl: number of ways to draw another jewelry.

5:8

The odds are 5:8

Janelle earned $253.75 for 5 days of work. how do I find her unit rate of pay?​

Answers

Answer:

50.75

Step-by-step explanation:

253.75/5

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