Solve the problem.Let the supply and demand functions for raspberry-flavored licorice be given by p = S(q) = 
q and p = D(q) = 70 - 
q ,where p is the price in dollars and q is the number of batches. Graph these functions on the same axes (graph the supply function as a dashed line and the demand function as a solid line). Also, find the equilibrium quantity and the equilibrium price.
A. 
Equilibrium quantity: 43.75
Equilibrium price: $35
B. 
Equilibrium quantity: 28
Equilibrium price: $35.00
C. 
Equilibrium quantity: 35.00
Equilibrium price: $28
D. 
Equilibrium quantity: 35
Equilibrium price: $43.75
Answer: D
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A. 
B. 
C. 
D. 
A couple plans to invest money for their child's college education. What principal must be deposited by the parents when their child turns 5 in order to have $25,000 when the child reaches the age of 18? Assume the money earns 9% interest, compounded quarterly.
a. $7,860.45 b. $8,154.47 c. $11,520.74 d. $79,511.96 e. $7,793.12
Marcy owns common stock in Rex's Pet Planet. The annual dividend is $2.05. The current price is $5.37. What is the yield of the stock?
A. 31.7% B. 33.2% C. 38.2% D. 53.7%
Find a so that the statement is true.
a = __________
Fill in the blank(s) with the appropriate word(s).