Solve the problem.Suppose the supply function of a certain item is given by
and the demand function is
Find the consumer's surplus.
A. 32
B. 64
C.
D.
Answer: C
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Solve the problem.A boxer takes 3 drinks of water between each round for the first four rounds of a championship fight. After the fourth round he starts to take his three drinks plus one additional drink between each of the remaining rounds. If he continues to increase his drinks by 1 after each round, how many drinks will he take between the 14th and 15th round?
A. 10 drinks B. 12 drinks C. 14 drinks D. 16 drinks
Find the nth, or general, term.9, 3, 1, . . .
A. 3(n - 1) B. 3n-1 C. 33-n D. 3n
Find the vertex of the parabola.(x - 3)2 = 12(y - 1)
A. (1, 3) B. (3, 1) C. (-3, -1) D. (-1, -3)
AAA Dance Shoes makes dancing shoes with leather soles. The shoes cost $29 to manufacturer. The fixed cost for the product line is $45,000. The company has determined their demand function to be q = -200p + 30,000, where p is the price for each pair of shoes. Write the expense and revenue functions in terms of price.
What will be an ideal response?