Question

Suppose that in the market for good X there are 4000 consumers, with an individual demand curve given by: 𝑄 𝐷 = 30 βˆ’ 0.75𝑃. There are also 100 producers, each of which has a supply curve given by: 𝑄 𝑆 = βˆ’300 + 20𝑃 Page 5 of 12 2.1.1. Determine the equilibrium price and quantity in this Marketplace. Represent graphically.

106

likes
530 views

Answer to a math question Suppose that in the market for good X there are 4000 consumers, with an individual demand curve given by: 𝑄 𝐷 = 30 βˆ’ 0.75𝑃. There are also 100 producers, each of which has a supply curve given by: 𝑄 𝑆 = βˆ’300 + 20𝑃 Page 5 of 12 2.1.1. Determine the equilibrium price and quantity in this Marketplace. Represent graphically.

Expert avatar
Hermann
4.6
128 Answers
Dado que existem 4000 consumidores, a curva agregada de procura \( Q_D \) Γ©:

Q_D = 4000 (30 - 0.75P)

Dado que existem 100 produtores, a curva agregada de oferta \( Q_S \) Γ©:

Q_S = 100 (-300 + 20P)

Para encontrar o equilΓ­brio, igualamos \( Q_D \) e \( Q_S \):

4000(30 - 0.75P) = 100(-300 + 20P)

Resolvendo a equaΓ§Γ£o acima:

120000 - 3000P = -30000 + 2000P

120000 + 30000 = 5000P

150000 = 5000P

P = 30

Substituindo o valor de \( P \) em \( Q_D \) ou \( Q_S \):

Q_D = 4000(30 - 0.75 \cdot 30)

Q_D = 4000(30 - 22.5)

Q_D = 4000 \cdot 7.5

Q_D = 30000

Portanto, a quantidade de equilΓ­brio Γ©:

Q = 30000

Frequently asked questions (FAQs)
What is the value of arcsin(cos(3Ο€/4)) - arctan(tan(4Ο€/3))?
+
Math question: Find the conjugate of the complex number (3 + 2i) / (1 - 4i).
+
What is the measure of an angle formed by the bisectors of two adjacent angles, each measuring 50Β°?
+
New questions in Mathematics
5 squirrels were found to have an average weight of 9.3 ounces with a sample standard deviation is 1.1. Find the 95% confidence interval of the true mean weight
Since one of the three integers whose product is (-60) is (+4), write the values that two integers can take.
(x^2+3x)/(x^2-9)=
Jose bought 3/4 of oil and his sister bought 6/8, which of the two bought more oil?
What payment 7 months from now would be equivalent in value to a $3,300 payment due 23 months from now? The value of money is 2.7% simple interest. Round your answer to 2 decimal places. Show all work and how you arrive at the answer..
X^2 = 25
A bird randomly chooses to land on 1 of 12 perches available in its aviary. Determine the Probability of it landing on a perch numbered 8 and then on a perch marked with a prime number; take into account that he never lands on the same perch in the sequence.
2x-4y=-6; -4y+4y=-8
Sean must chose a 6- digit PIN number for his online banking account.Each digit can be chosen from 0 to 9. How many different possible PIN numbers can sean chose.
is the x element (180,270), if tanx-3cotx=2, sinx ?
Substitute a=2 and b=-3 and c=-4 to evaluate 2ac/(-2b^2-a)
. What will be the osmotic pressure of a solution that was prepared at 91Β°F by dissolving 534 grams of aluminum hydroxide in enough water to generate 2.784 ml of solution.
How to do 15 x 3304
Three machines called A, B and C, produce 43%, 26% and 31% of the total production of a company, respectively. Furthermore, it has been detected that 8%, 2% and 1.6% of the product manufactured by these machines is defective. a) What is the probability that a product is not defective? b) A product is selected at random and found to be defective, what is the probability that it was manufactured on machine B?
nI Exercises 65-68, the latitudes of a pair of cities are given. Assume that one city si directly south of the other and that the earth is a perfect sphere of radius 4000 miles. Use the arc length formula in terms of degrees to find the distance between the two cities. 65. The North Pole: latitude 90Β° north Springfield, Illinois: latitude 40Β° north
To find the increased amount on a standard term deposit with the following conditions: starting amount: BGN 13000, type of deposit: annual, annual compound interest rate: 1.4%, after 4 years;
Read the β€œLocal Communities as Stakeholders: Does Amazon Really Need Tax Breaks?” example on p. 83 in Ch. 3 of Management: A Practical Introduction. In your response, discuss whether you feel that tax breaks for big companies benefit local communities. Describe ways to attract business to a region without having a negative impact on the larger community.
Define excel and why we use it?
Solve the system of equations by the addition method. 0.01x-0.08y=-0.1 0.2x+0.6y=0.2
The car with an irresponsible driver starts to brake when it goes through a red light. When passing the traffic light, he does so at a speed of 115 kph in the right lane. Further ahead, 70 meters from the traffic light, a child is crossing the street and falls. If the effect of the car's brakes is equivalent to a deceleration of magnitude 5.7m/sΒ². Is the child hit by the car or not? How far from the traffic light does the car stop?