Calculate the consumers' surplus (in dollars) at the indicated unit price p for the demand equation. p = 12 – 2q^{1/3}; p = 6

Answers

Answer 1

The consumer surplus at the indicated unit price p = 6 for the demand equation\(p = 12 - 2q^(1/3)\)is $81.

To calculate the consumer surplus at the indicated unit price p = 6 for the demand equation \(p = 12 - 2q^(1/3)\), we need to first find the quantity (q) at the given price.

1. Set p = 6 in the demand equation:
\(6 = 12 - 2q^(1/3)\)

2. Solve for q:
\(2q^(1/3) = 6q^(1/3) = 3q = 3^3q = 27\)

Now that we have the quantity, we can calculate the consumer surplus using the demand curve equation and the formula for the area of a triangle.

Consumer Surplus = 0.5 × (Base × Height)

In this case, the base represents the difference in quantity (27 - 0 = 27) and the height represents the difference in price (12 - 6 = 6).

Consumer Surplus = 0.5 × (27 × 6)
Consumer Surplus = 0.5 × 162
Consumer Surplus = 81 dollars

Thus, the consumer surplus at the indicated unit price p = 6 for the demand equation \(p = 12 - 2q^(1/3) is $81.\)

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Related Questions

The sum of two numbers is 113. Four times the smaller number equals three times the greater number.

Answers

Answer:

the larger number is 452/7 and the smaller number is 1356/28

find the value of x if 2 plus x=0

Answers

Based on the given statement, you have the following equation:

2 + x = 0

In order to solve the previous expression for x, subtract 2 both sides, as follow:

2 - 2 + x = -2

x = -2

Hence, the value of x is -2

In order to solve this watch the following:

2 - 2 + x = 0


X = -2


Therefor X is -2

Find the perimeter of the figure shown above.
a. 40 cm
b. 60 cm
C. 52 cm
d. 75 cm

Find the perimeter of the figure shown above.a. 40 cmb. 60 cmC. 52 cmd. 75 cm

Answers

C. 52 cm , unknown sides are 3 and 7

here are two groups of n users, A and B, and each user in A is friends with those in B and vice versa. Each user in A will randomly choose a user in B as their best friend and each user in B will randomly choose a user in A as their best friend. If two people have chosen each other, they are mutual best friends. What is the probability that there will be no mutual best friendships?

Answers

The probability that there will be no mutual best friendships is\([(n-1)/n]^{(2n)}\).

What is the probability?

Given that there are n users in each group, A and B;

For a user in group A, the probability that this user selects someone who is not their mutual best friend is (n-1)/n

The probability that all users in group A choose someone who is not their mutual best friend is

For each user in group B;

the probability of not choosing their mutual best friend is (n-1)/n,

The probability that all users in group B choose someone who is not their mutual best friend is \([(n-1)/n]^{n}\)

The events of users in group A and users in group B choosing their mutual best friends are independent, therefore;

P(no mutual best friendships) = \([(n-1)/n]^n * [(n-1)/n]^n\)

P(no mutual best friendships) =\([(n-1)/n]^{(2n)}\)

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A ladder reaches from the top of a 120 meter tower to the ground. The ladder makes a 63 degree angle with the
ground. Find the length of the ladder

Answers

Answer:

135 m

Step-by-step explanation:

Draw a diagram, set your calculator to degrees and solve.

A ladder reaches from the top of a 120 meter tower to the ground. The ladder makes a 63 degree angle

Students from Grover Middle School are recycling aluminum cans. The table shows the total number of cans brought in each school day for a period of six weeks. They collected a total of 862 cans. Use the drop-down menus to define the terms.

Mean:
Median:
Mode:
Range:

Students from Grover Middle School are recycling aluminum cans. The table shows the total number of cans

Answers

Mean: add all the numbers & divide by how many numbers thee are
Median: arrange the numbers from least to greatest then mark off one from each side until you get to the middle number. That is the median
Mode: To find the mode, or modal value, it is best to put the numbers in order. Then count how many of each number. A number that appears most often is the mode.
Range: To find range, find the highest number & subtract the lowest number from it. That number is the range

Answer:

median:30 mode:42 range:36

Step-by-step explanation:

i did the math on my netpad and i dont want to type it but there you go goodluck.

You make an investment of $8000. For the first 18 months you earn 5% compounded semi-annually. For the next 5 months you earn 10% compounded monthly. What is the maturity value of the certificate?

Answers

The maturity value of the investment would be $8,858.80.

To calculate the maturity value, we need to calculate the compound interest for each period separately and then add them together.

For the first 18 months, the interest is compounded semi-annually at a rate of 5%. Since there are two compounding periods per year, we divide the annual interest rate by 2 and calculate the interest for each period. The formula for compound interest is A = P(1 + r/n)^(nt), where A is the maturity value, P is the principal amount, r is the annual interest rate, n is the number of compounding periods per year, and t is the number of years. Plugging in the values, we get A = 8000(1 + 0.05/2)^(2*1.5) = $8,660.81.

For the next 5 months, the interest is compounded monthly at a rate of 10%. We use the same formula but adjust the values for the new interest rate and compounding frequency. Plugging in the values, we get A = 8000(1 + 0.10/12)^(12*5/12) = $8,858.80.

Therefore, the maturity value of the certificate after the specified period would be $8,858.80.

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question in the picture!!!

question in the picture!!!

Answers

Answer:

140ft.^2

Step-by-step explanation:

3.5 x 4 = 14 (the width)

2.5 x 4 = 10 (the length)

- to find the area of the rectangle, you multiply the width and length

14 x 10 = 140

if you need a more detailed explanation i am free to give one!!

The price of a television was reduced from 250 to 200. by what percentage was the price of the television reduced

Answers

Answer:

20%

Step-by-step explanation:

We can start by finding out how much the price of the television was reduced by.

250 - 200 = 50

Now, we need to know what percent of 250 is 50? Let x represent the percent of 250 that is 50. Using this, we can set up an equation:

\(x\%\times 250=50\)

Notice that a percentage can also be written as that number over 100.

\(\frac{x}{100}\times250=50\)

\(\frac{250x}{100}=50\)

Reduce the fraction (250 and 100 have a common factor of 10)

\(\frac{25x}{10}=50\)

Reduce the fraction again (25 and 10 have a common factor of 5)

\(\frac{5x}{2}=50\)

Multiply both sides by two

\(5x=100\)

Divide both sides by 5

\(x=20\)

Therefore the price of the television was reduced by 20%.

What is the area of equilateral ∆ having side 12 cm?

Answers

Therefore , the solution of the given problem of triangle comes out to be  the equilateral triangle are is 62.28 cm².

Describe the triangle.

In geometry, triangular polygons are ones that have three vertices and a right side. This object in two dimensions has three straight sides. Triangles are examples of three-sided polygons. The sum of a triangle's three angles is 180 degrees. The triangle lies on one plane.

Here,

Given : side = 12cm

Area of an equilateral triangle

=> √3/4 * side²

Side of triangle =12 cm

Area of an equilateral triangle

= >  √3/4 * 12²

=>√3/4 * 12*12

=> 62.28 cm²

Therefore , the solution of the given problem of triangle comes out to be  the equilateral triangle are is 62.28 cm².

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Calcula la longitud de un arco en un sector circular cuyo ángulo central mide 2grados y su radio mide 36000cm

Answers

Answer:

i dont know man

Step-by-step explanation:

oo

. A certain tap can fill a tank in 4 hours and
another tap can fill it in 6 hours. If both the taps
are opened, how long will it take for the tank to
be full?​

Answers

Answer:

Given -

Time taken by first tap = 4 hours.Time taken by second tap = 6 hours.

Now, we'll calculate the work done by both the taps -

\( \\ \sf \: \frac{1}{4} + \frac{1}{6} \\ \\ \\ \bf \: lcm \: \: of \: \: 4 \: \: \& \: \: 6 = 12 \\ \\ \\ \implies \sf \: \frac{3 + 2}{12} \\ \\ \\ \implies \sf \frac{5}{12} \\ \\ \)

Now, reciprocal it -

\( \\ \implies \sf \frac{12}{5} = 2 \frac{2}{5} \\ \)

Therefore, time taken by both the taps will be 2 2/5 hours.

OFFERING A LOT OF POINTS (PLEASE DONT TAKE THIS QUESTION DOWN BRAINLY MODERATORS, i HAVE WORKED ON THIS QUESTION FOR THE PAST HOUR AND CANT GET IT RIGHT, NEED HELp),
im confused on this question of my virtual math homework, can anyone help? thanks in advance

OFFERING A LOT OF POINTS (PLEASE DONT TAKE THIS QUESTION DOWN BRAINLY MODERATORS, i HAVE WORKED ON THIS

Answers

Answer:

b) 75%

c) 150%

d) 90%

Step-by-step explanation:

do 4x and 15 +x have the same value when x is 5

Answers

Answer: no

Step-by-step explanation:

if x = 5

4(5) = 15 + 4

20 = 19

Therefore no

Answer:

No

Step-by-step explanation:

Smoking and use of electronic cigarettes (vaping) in relation to preterm birth and small-for-gestational-age in a 2016 U.S. national sample pbu med

Answers

Smoking and use of electronic cigarettes (vaping)  in relation to preterm birth -

Around pregnancy, women who smoke might be inspired to switch to vaping (using electronic cigarettes, or e-cigs) in an effort to reduce the known risks of smoking. E-cigarettes normally include nicotine, but they either completely eliminate or drastically cut down on exposure to tobacco's combustion byproducts. 31 973 live singleton births in the United States were the subject of our study in 2016. 5029 (14%) mothers were "single smokers" during the three months prior to becoming pregnant, while 976 (3%) mothers used both tobacco and e-cigarettes ("dual-users"). 44% of pre-pregnancy single smokers stayed single smokers, whereas 1% switched to dual use in the last trimester. However, late-pregnancy sole vapers and dual-users had increased risk of SGA compared to non-users (aOR 2.4, 95% CI 1.0-5.7 for sole vapers, and aOR 2.3 95% CI 1.3-4.1 for dual-users). These findings suggest that vapers during pregnancy had similar risk of preterm as non-users but still had elevated risk for restricted fetal growth.

What is e-cigarette meaning?

A device that has the shape of a cigarette, cigar, or pen and does not contain tobacco. It uses a battery and contains a solution of nicotine, flavorings, and other chemicals, some of which may be harmful.

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67 miles per hour to feet per hour convert

Answers

Answer:

353,760 feet per hour

Step-by-step explanation:

multiply 5280 by 67.

Answer:

353760

Step-by-step explanation:

Pythagorean Theorem( Radical Answers) Need this asap I would appreciate it:0

Pythagorean Theorem( Radical Answers) Need this asap I would appreciate it:0

Answers

Answer:

2sqrt(13)

Step-by-step explanation:

x = sqrt(36 + 16)

x = sqrt(52)

x = sqrt(4*13) = 2sqrt(13)

eight hundred ninety-one billion, nine hundred sixty-two million, one hundred seventy-two thousand, four hundred nine

Write the standard form of the number shown.

Answers

Answer:

891,962,172,409

Step-by-step explanation:

that is standard form

891,962,172,409 is the answer

Question Four Consider the following production function: y = f(z)=z¼/^z/2. Assuming that the price of the output is p and the prices of inputs are w, and w₂ respectively: (a) State the firm's profit maximization problem. (2 marks). (b) Derive the firm's factor demand functions for z; and zo. (10 marks). (c) Derive the firm's supply function. (5 marks). = 2. (d) Derive the firm's profit function. (3 marks). an (e) Verify Hotelling's lemma for q(w, p), z₁(w, p) and z₂(w, p). (6 marks). az (f) State the firm's cost minimization problem. (2 marks), (g) Derive the firm's conditional factor demand functions. (8 marks). (h) Derive the firm's cost function. (4 marks). Cond: 69 Porat funct

Answers

The text discusses a production function and addresses various aspects of a firm's decision-making. It covers profit maximization, factor demand functions, supply function, profit function, Hotelling's lemma, cost minimization, conditional factor demand functions, and the cost function. These concepts are derived using mathematical calculations and formulas. Hotelling's lemma is verified, and the cost function is determined.

(a) The firm's profit maximization problem can be stated as follows: Maximize profits (π) by choosing the optimal levels of inputs (z and zo) that maximize the output (y) given the prices of output (p) and inputs (w, w₂).

(b) To derive the firm's factor demand functions, we need to find the conditions that maximize profits.

The first-order condition for input z is given by:

∂π/∂z = p * (∂f/∂z) - w = 0

Substituting the production function f(z) = z^(1/4) / z^(1/2) into the above equation, we have:

p * (1/4 * z^(-3/4) / z^(1/2)) - w = 0

Simplifying, we get:

p * (1/4 * z^(-7/4)) - w = 0

Solving for z, we find:

z = (4w/p)^(4/7)

Similarly, for input zo, the first-order condition is:

∂π/∂zo = p * (∂f/∂zo) - w₂ = 0

Substituting the production function f(zo) = z^(1/4) / z^(1/2) into the above equation, we have:

p * (1/2 * z^(1/4) * zo^(-3/2)) - w₂ = 0

Simplifying, we get:

p * (1/2 * z^(1/4) * zo^(-3/2)) - w₂ = 0

Solving for zo, we find:

zo = (2w₂ / (pz^(1/4)))^(2/3)

(c) To derive the firm's supply function, we need to find the level of output (y) that maximizes profits.

Using the production function f(z), we can express y as a function of z:

y = z^(1/4) / z^(1/2)

Given the factor demand functions for z and zo, we can substitute them into the production function to obtain the supply function for y:

y = (4w/p)^(4/7)^(1/4) / (4w/p)^(4/7)^(1/2)

Simplifying, we get:

y = (4w/p)^(1/7)

(d) The firm's profit function is given by:

π = p * y - w * z - w₂ * zo

Substituting the expressions for y, z, and zo derived earlier, we have:

π = p * ((4w/p)^(1/7)) - w * ((4w/p)^(4/7)) - w₂ * ((2w₂ / (pz^(1/4)))^(2/3))

(e) To verify Hotelling's lemma, we need to calculate the partial derivatives of the profit function with respect to the prices of output (p), input z (z₁), and input zo (z₂).

Hotelling's lemma states that the partial derivatives of the profit function with respect to the prices are equal to the respective factor demands:

∂π/∂p = y - z * (∂y/∂z) - zo * (∂y/∂zo) = 0

∂π/∂z₁ = -w + p * (∂y/∂z₁) = 0

∂π/∂z₂ = -w₂ + p * (∂y/∂z₂) = 0

By calculating these partial derivatives and equating them to zero, we can verify Hotelling's lemma.

(f) The firm's cost minimization problem can be stated as follows: Minimize the cost of production (C) given the level of output (y), prices of inputs (w, w₂), and factor demand functions for inputs (z, zo).

(g) To derive the firm's conditional factor demand functions, we need to find the conditions that minimize costs. We can express the cost function as follows:

C = w * z + w₂ * zo

Taking the derivative of the cost function with respect to z and setting it to zero, we get:

∂C/∂z = w - p * (∂y/∂z) = 0

Simplifying, we have:

w = p * (1/4 * z^(-3/4) / z^(1/2))

Solving for z, we find the conditional factor demand for z.

Similarly, taking the derivative of the cost function with respect to zo and setting it to zero, we get:

∂C/∂zo = w₂ - p * (∂y/∂zo) = 0

Simplifying, we have:

w₂ = p * (1/2 * z^(1/4) * zo^(-3/2))

Solving for zo, we find the conditional factor demand for zo.

(h) The firm's cost function is given by:

C = w * z + w₂ * zo

Substituting the expressions for z and zo derived earlier, we have:

C = w * ((4w/p)^(4/7)) + w₂ * ((2w₂ / (pz^(1/4)))^(2/3))

This represents the firm's cost function.

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A prism with a base area of 6 ft² and a height of 7 ft is dilated by a factor of 3/2.

The volume of the dilated prism is ___ cubic ft.

Answers

The calculated volume of the dilated prism is 141.75 cubic feet

How to determine the volume of the dilated prism

From the question, we have the following parameters that can be used in our computation:

Base area of 6 ft² and a height of 7 ftDilated by a factor of 3/2.

The volume is calculated as

Volume = Base area * Heigth

For the dilated prism, we have

Volume = Base area * Heigth * Scale factor³

substitute the known values in the above equation, so, we have the following representation

Volume = 6 * 7 * (3/2)³

Evaluate

Volume = 141.75

Hence, the volume of the dilated prism is 141.75 cubic feet

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Skylar is answering the following math problem: The value of an investment decreased by 10%. The original amount of the investment was $75.00. What is the current value of the investment? Skylar said 10% of $75.00 is $7.50, and since the investment decreased by that amount, you have to subtract $7.50 from $75.00 to arrive at the final answer of $67.50. Create one algebraic equation that can be used to arrive at the final answer of $67.50. Solve the equation to prove it results in an answer of $67.50. Be prepared to explain your thought process to the class.

Answers

Answer:

The given parameters of the investment are;

The rate of decrease of the investment, r = -10%

The original amount of the investment, P = $75.00

Let 'A' represent the final answer (value of the investment) after the decrease in the investment, 'r', is applied, we have;

The algebraic equation that can be used to arrive at the final answer, 'A', is given as follows;

A = P + r·P

Therefore by substituting the given values, we have;

A = $75.00 + (-10/100) × $75.00 = $75.00 - 0.1 × $75.00 = $75.00 - $7.50

A = $75.00 - $7.50 = $67.50

The final amount or answer, A = $67.50

Step-by-step explanation:

what is the solution of the equation y=7x-2

Answers

Answer:

1/7y and 2/7

Step-by-step explanation:

write 4200 as a power whose base is e

Answers

Answer:

Step-by-step explanation:

First find the natural log of 4200:  It is 8.343.

Then 4200 = e^8.343

Expand the expression (3a-b)^4

Answers

i have the same thinggggg

Answer:

81 a 4 − 108 a 3 b+ 54 a 2 b 2 − 12 a b 3 + b 4

Step-by-step explanation:

hope i helped

If x=(y+2)^2 and y= -7 then what is the value of x

Answers

Answer:

25

Step-by-step explanation:

(y+2)^2=x

(-7+2)^2=x

(-5)^2=x

(-5)(-5)=x

25=x

Hope that helps :)

Answer:

x=25

Step-by-step explanation:

Plug it innnn plug it innnn

A worker uses 450 inches of steel wire to make 300 springs of the same size. At this
rate how many inches of steel wire are needed to make 1 spring?

Answers

Answer: 1.5 inches of steel for one spring

Step-by-step explanation:  

I divided 450 by 300 which gets you to 1.5 next to check your answer you multiply that by 300 which gets you to 450

4. What is the value of x in the equation 512x3 = 8?
A 3/4
B 3 1/4
C 4
D 1/4

Answers

The answer is D = 1/4

Answer1/4  hope this help

Step-by-step explanation:

900 people attended a football game. If 25% of the people who attended were teenagers, how many teenagers attended the game?

Answers

answer: i believe it’s 225 but i could be wrong.

explanation: 25% of 900 is 225

The football game was attended by 225 teenagers out of 900 people who attended the game.

What is the percentage?

A percentage is a minimum number or ratio that is measured by a fraction of 100.

The number of teenagers who attended the game can be calculated by finding the percentage of people who were teenagers. The word formula for the calculation as;

Number of teenagers in the game = 900 × 25%

Writing the percentage as fraction;

Number of teenagers in the game = 900 × 25/100

Cancelling zero as common in numerator and denominator

Number of teenagers in the game = 9 × 25

Performing multiplication on Right Hand Side of the equation

Number of teenagers in the game = 225

Hence, there are 225 teenagers.

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PLZ HELP ME I WILL GIVE THANKS 5 STARS BRAINLIEST

PLZ HELP ME I WILL GIVE THANKS 5 STARS BRAINLIEST

Answers

Answer:

$0

Step-by-step explanation:

71 + 62 + 59 = $192192 ÷ 3 = $64Because she already has an average of $64, she can't spend anymore. Therefore, the answer is $0

I hope this helps!

Answer:

she can spend no more than 64, and if this is incorrect, do 63

Step-by-step explanation:

there are 5 red counters and 3 blue counters in bag A. there are 4 red counters in bag B. Tina takes at random a counter from each bag. what is the probability that Tina takes two blue counters

Answers

Answer:

The probability is 0

Step-by-step explanation:

From the first bag, the total number of counters is 5 + 3 = 8

The probability of taking a blue counter from the first bag is the number of blue counters divided by the total number of counters

Mathematically, we have this as;

3/8

For the second bag, all the counters are red with no blue counter

So the probability of taking a blue counter here is 0

Now, the probability that he takes a blue counter in A and a blue counter in B will

be;

3/8 * 0 = 0

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