The demand equation for a certain brand of fax machine is 4x + p - 1,550 = 0, where x is the quantity demanded per week and p is the unit price in dollars.
The supply equation is 3x - 4p + 2,400 = 0, where x is the quantity the supplier will make available in the market when the
unit price is p dollars. Find the equilibrium quantity and the equilibrium price for the fax machines.
a. equilibrium quantity 200 units; equilibrium price $750
b. equilibrium quantity 200 units; equilibrium price $850
c. equilibrium quantity 90 units; equilibrium price $850
d. equilibrium quantity 90 units; equilibrium price $750
a. equilibrium quantity 200 units; equilibrium price $750
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Let A and B be sets with cardinal numbers, n(A) = a and n(B) = b, respectively. Decide whether the statement is true or false.n(A ? B) = n(A) - n(B)
A. True B. False
Solve by the elimination method.
- 
= -18
+ 
= -9
A. {(0, -12)} B. {(0, 12)} C. {(12, 0)} D. {(-12, 0)}
Multiply. Write the result in the form a + bi.(3 + 4i)2
A. 9 - 16i B. 25 + 24i C. 9 + 16i D. -7 + 24i
Solve the problem.Find the beginning of year NAV for ASCPX which has a current net asset value of $4.84 and YTD % Return of 1.3%. Round to the nearest cent.
A. $2.10 B. $4.90 C. $4.78 D. $3.72