• Under these conditions, what is the consumer surplus? 464 x million of gallons Round your answer to closest whole number • Under these conditions, what is the producer surplus? | 205 X million of gallons Round your answer to closest whole number
Q: You go to the doctor and he gives you 12 milligrams of radioactive dye. After 24 minutes, 6.5…
A: P(t)=6.5P(0)=12t=24
Q: You go to the doctor and he gives you 17 milligrams of radioactive dye. After 20 minutes, 5.5…
A: Given that a=initial amount of the dye= 17 mg b=decay factor =? t=time=20 minutes y=final amount=…
Q: You go to the doctor and he gives you 17 milligrams of radioactive dye. After 12 minutes, 5.75…
A: We will use Decay function to solve this
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A: Doctor gives 15 milligrams of radioactive dye initially After 12 minutes, 6 milligrams of dye…
Q: You go to the doctor and he gives you 13 milligrams of radioactive dye. After 24 minutes, 6.75…
A: We can use exponential decay function to solve the question
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Q: You go to the doctor and he gives you 13 milligrams of radioactive dye. After 20 minutes, 6.75…
A: Let's assume the dye decays exponentially. A(t) = A0 e^(-kt) A(t) = substance remained at t A0 =…
Q: You go to the doctor and he gives you 16 milligrams of radioactive dye. After 20 minutes, 7.5…
A: We will solve this problem.
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Q: You go to the doctor and he gives you 16 milligrams of radioactive dye. After 24 minutes, 5.75…
A: Radioactive decay is given by:
Q: You go to the doctor and he gives you 17 milligrams of radioactive dye. After 12 minutes, 5…
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Q: You go to the doctor and he gives you 13 milligrams of radioactive dye. After 24 minutes, 4.75…
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Q: You go to the doctor and he gives you 12 milligrams of radioactive dye. After 16 minutes, 4.5…
A: Given: N0=12 mgAt N=4.5 mg then, t=16 minAt N=2 mg then, t=?
Q: You go to the doctor and he gives you 17 milligrams of radioactive dye. After 20 minutes, 6.5…
A: Given query is to find the atime taken to reah the radioactive to 2 mg.
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Q: You go to the doctor and he gives you 11 milligrams of radioactive dye. After 24 minutes, 7…
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Q: You go to the doctor and he gives you 11 milligrams of radioactive dye. After 12 minutes, 6.75…
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A: no.of letters(A to Z)=26no.of digits (0 to 9)=10
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Q: how do i solve this application ? step by step please
A: Let x be the amount in dollars invested at 12% and y be the amount in dollars invested at 10%.
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A: Here we will use relation between Speed, Distance and Time .
Q: You go to the doctor and he gives you 12 milligrams of radioactive dye. After 24 minutes, 8…
A: Given: You go to the doctor and he gives you 12 milligrams of radioactive dye. After 24 minutes, 8…
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- The supply and demand for concert tickets are given in the table below.Price (R)0481216202428323640Quantity Demanded15141312111098765Quantity Supplied0000013579114.1.1. Plot the supply and demand curves to scale and establish the equilibrium price and quantity. 4.1.2. What is the excess supply or demand (as applicable) when price is R24? And when price is R36? 4.1.3. Describe the market adjustments in price induced by these two prices. 4.1.4. The functions underlying the example in the table are linear and can be presented as P = 18+2Q (supply) and P = 60−4Q (demand). Solve the two equations for the equilibrium price and quantity values. 4.2. Briefly explain how each of the following affects the demand for goods and services in a market place and highlight the effects on price and the equilibrium position.4.2.1. Price of the product or service 4.2.2. Price of related goods; 4.2.3. Income of consumers; 4.2.4. Number of consumers;60 PRICE (Dollars per keyboard) 54 48 42 36 30 24 18 12 6 0 0 Supply Demand 100 200 300 400 500 600 700 800 900 1000 QUANTITY (Keyboards) The equilibrium price in this market is Market for Keyboards Price (Dollars per keyboard) Quantity Demanded (Keyboards) per keyboard, and the equilibrium quantity is 18 580 Quantity Supplied (Keyboards) 420 keyboards bought and sold per month.Question 6 At the price of $5 per pack of batteries, Duracell sells 10,000 packs of batteries and Energizer sells 15,000 packs of batteries. When the price rises to $7.50, Duracell sells 12,000 packs of batteries and Energizer sells 16,000 packs of batteries. What is the market supply at a price of $7.50? 12,000 16,000 4,000 28,000 25,000 Question 7 Social welfare (i.e. the sum of producer and consumer surplus) is maximized when the government taxes most goods and services. very few consumers and producers exist within a market the market reaches its equilibrium price and quantity. supply and demand are perfectly inelastic. the government imposes price controls. Question 8 When demand is perfectly elastic, the demand curve is vertical. upward-sloping. U-shaped.…
- Consider the market for minivans. Indicate the impact if any on demand, supply, price and quantity: (a) People decide to have more children. (b) A strike by steelworkers raises steel prices. (c) Engineers develop new automated machinery for the production of minivans.At a unit price of 16,000 the demand of a product is 300 units and at a price of 48000 the demand is 100 units.at a unit price of 30000 the supply is 550 units and at a unit price of 50000 the supply is 650 units.determine the equilibrium price and quantityWhen sold for $790.00, a certain desktop has an annual supply of 129.5 million computers and an annual demand of 155.5 million computers. When the price increases to $865.00, the annual supply increases to 147.5 million computers, and the demand drops to 134.5 million computers. NOTE: Round slope and vertical intercept to 4 decimal places and use those rounded values to the end. (a) Assuming that the supply and demand equations are linear, find the supply and demand equations. Supply Equation p = Demand Equation p = esc (Note: The equations should be in the form p = mq + b where p denotes the price (in dollars) and q denotes the quantity (in billions). The slope and y-intercept should be accurate to 4 decimal places). (b) Find the Equilibrium price and quantity. Equilibrium price p = Equilibrium quantity q = 9- F2 A (Note: The equilibrium price should be accurate to 2 decimal places and quantity should be rounded to the nearest whole number, and the equilibrium price should include a…
- The following is a demand schedule for good Z. Price per unit (£) 10 15 20 25 30 Q demanded per week 30 25 15 10 (a) Plot the demand curve for good Z to show it is linear. (b) (i) Calculate price elasticity of demand (PED) for an increase in price from £5 to £10. Is demand elastic or inelastic? (ii) Calculate price elasticity of demand (PED) for an increase in price from £20 to £25. Is demand elastic or inelastic? (iii) Using your results of parts (i) and (ii), explain what happens to PED along a straight-line demand curve. (c) Explain, using diagrams, the relationship between price elasticity of demand and profits. E Please select file(s) Select file(s) 20Given the following data on individual gasoline supply and demand, calculate the market supply and demand, and then answer two questions. Instructions: Enter your responses as a whole number. Price per Gallon $5 Quantity Demanded (Gallons per Day) $4 $3 $2 Al Betsy Casey Daisy Eddie Market Total 1 0 2 1 3 1 2 2 3 1 1 3 4 2 W N 4 1 3 4 3 $1 5 2 4 6 5 Price per Gallon Quantity Supplied (Gallons per Day) $5 $4 $3 $2 $1 Firm A Firm B Firm C Firm D Firm E Market Total 3 3 2 7 5 3 6 4 3 6 5 3 4 2 2 2 W N 3 1 2 1 3 2 0 2 1 a. What is the equilibrium price? $ per gallon b. Suppose the current price is $4. At this price, how much of a shortage or surplus exists? There would be a (Click to select) of gallons per day.When the price of a gallon of milk increases from $6 to $8, quantity demanded decreases to 27 gallons. Assuming the price elasticity of demand for milk is -0.3, what is the original quantity demanded? (assuming further that this is the point elasticity relative to the original point on the demand curve.) Please make sure you give a numerical answer with no units and/or space or period (.) or comma (,) before or after your answer. Enter your answer here
- A person who has an addiction for a production will most likely have * an elastic demand for that product. an inelastic demand for that product. no demand for that product. an elastic supply for that product. a side siness providing copy machine services. The equilibrium price is the * price at which the market clears average price consumers are willing to pay. O price at which all consumers are satisfied. O price at which quantity supplied is maximized. O price at which all potential suppliers will sell.Draw a supply and demand diagram with this information: Please include the The price axis with a label and a scale showing various number The quantity axis with a label and a scale showing various numbers The Supply curve with a label The Demand curve with a label The equilibrium price, also labeled The equilibrium quantity, also labeled information- Product: Sweatshirt Time period: Sweatshirts sold per week. Geographic area: Buckley Range of prices: $0-$25 Quantity Range: 1,000 sweatshirtsPrice (dollars per pizza) 12 13 14 15 16 17 18 19 20 Quantity demanded (millions per week) 28 27 26 25 24 23 22 21 20 Quantity supplied (millions per week) 22222222 20 21 23 25 26 27 28 The table shows the supply and demand schedules for pizza. At a price of 13 dollars per pizza, there is a 111 of pizza and so the price will (2)