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1.At a price of $1.04 per roll, the supply of toilet paper in a large town is 25,000 rolls, and ...

mand is 18,200 rolls. When the demand increases to 26,200 rolls, the supply is 20,000 and the price is $1.24 per roll. Let x be the quantity in thousands of rolls. The table below gives the price-supply and price-demand equations. Price Equations for Toilet Paper Type Equation Price-Supply P = -0.04x + 2.04 Price-Demand P = 0.025x + 1.495 QUESTION 1 Find the supply at a price of $2 per roll. 1000 rolls 10,000 rolls 1 roll 5000 rolls QUESTION 2 Find the demand at a price of $2 per roll. 20.2 rolls 202 rolls 20,200 rolls 500 rolls QUESTION 3 Use the substitution method to find the equilibrium quantity. Round x to the nearest tenth first and then convert to thousands. Include the units in your answer. QUESTION 4 What is the equilibrium price? Write the answer in dollars and cents, rounding to the nearest cent.
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3.For a particular commodity, the demand function is q = 1 4 ( 400 − p 2 ) . a . Find ε when p = 8 .The supply for a particular item is given ...

ind ε when p = 8 .The supply for a particular item is given by the function S ( x ) = 15 + 7 x . Find the producer's surplus if the equilibrium price of a unit $ 99 .
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4.The supply for a particular item is given by the function S ( x ) = 15 + 7 x . Find the producer's surplus if the equilibrium ...

producer's surplus if the equilibrium price of a unit $ 99 .A retailer anticipates selling 7600 units of its product at a uniform rate over the next year. Each time the retailer places an order for x units, it is charged a flat fee of $ 100 . Carrying costs are $ 38 per unit per year. How many times should the retailer reorder each year and what should be the lot size to minimize inventory costs? What is the minimum inventory cost? For a particular commodity, the demand function is q = 1 4 ( 400 − p 2 ) . a . Find ε when p = 8 .A hotel rents 240 rooms at a rate of $ 60 per day. For each $ 1 increase in the rate, three fewer rooms are rented. Find the room rate that maximizes daily revenue.
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5.Total profit P is the difference between total revenue R and total cost C. Given the following​ total-revenue and​ total-cost ...

tal-revenue and​ total-cost functions, find the total​ profit, the maximum value of the total​ profit, and the value of x at which it occurs. Upper R left parenthesis x right parenthesis equals 1300 x minus x squared​, Upper C left parenthesis x right parenthesis equals 3000 plus 30 x The total​ profit, ​P(x)equals negative x squared plus 1270 x minus 3000. ​(Simplify your answer. Do not​ factor.)
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1.AU MAT 120 Systems of Linear Equations and Inequalities Discussion

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