5. The price p (in pesos) and demand x for kimchi orders in a month are related by (x – 800)? – 1,530(p + 20) = 0. If the current price of P150 is increasing at a rate of P10 per month, and the number of kimchi orders exceed 1,000, find the rate of change of the demand for kimchi orders.
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- 41.) The price p (in dollars per pound) and demand x (in pounds) for almonds are elated by x= 5600 (root( p+10))-3000 if the current price of $2.25 per pound is increasing at a rate of $0.20 per week, find the rate of change (in pounds per week) of the supply.The demand x is the number of items that can be sold at a price of $p. For x = p" - 3p° + 1500, find the rate of change of p with respect to x by differentiating implicitly. The rate of change of the price p with respect to the demand x is1. It is known that the number of lunches demanded is 80 units when the price is GH¢S5.00 and 45 units when the price is GH¢12.00 Determine the equation of the demand function in the form Q=f(P) Use the equation of the demand function to calculate the change in demand when the price; increases by GH¢3.00; decreases by GH¢2.00 Estimate the decrease in price for each lunch when the number of lunches demanded (quantity demanded) increases by GH¢15
- Despite the continued influx of imported pork products that were slapped with lower tariffs, pork prices in the market are expected to remain elevated and even climb further as the holiday season nears. Price monitoring reports from the Department of Agriculture (DA) showed that as of Nov. 19, a kilo of pork ham and pork belly were sold for P340 and P360, respectively, up from P320 and P350 a kilo at the start of the month. Given that demand for pork traditionally picks up during the Christmas holidays, prices may rise even further.Earlier this year, President Duterte issued twin policies that lowered pork import tariffs and increased the allowable import volume. The policies would be in effect until May next year. what is the effect of this to the economy? is it positive or negative?Producers of a certain brand of refrigerator will make 1600 refrigerators available when the unit price is $320. Ata unit price of $370, 5600 refrigerators will be marketed. Find the equation relating the unit price p of a refrigerator to the quantity supplied x if the equation is known to be linear How many refrigerators will be marketed when the unit price is s4207 refrigerators What is the lowest price at which a refrigerator will be marketed?Fast moving consumer goods (FMCG) dollar sales soared to $77.9 billion across all U.S. channels for the 52 weeks ended Sept. 12, 2020, translating to year-over-year growth of 9.3%. Assuming that demand for FMCG is downward sloping and supply is upward sloping, and that this change is driven strictly by increased demand (while supply remained the same), can you tell how the increase in the average prices of FMCG compares to 9.3%? Do you have enough information to tell whether it will be higher or lower than 9.3%?
- The demand function for a certain product is given by 1000 P- 500 + 9+1. where p is the price and q is the number of units demanded. Using the average value function given in the text to find the average price as demand ranges from 46 to 96 units, what are the values of a and b? 46 %3B b-96 Calculate 1/50 Find the average price as demand ranges from 46 to 96 units. (Round your answer to the nearest cent.) $618.13 Need Help? Reata) The demand function for a product is p = 60 3-9/15) where q is the number of units and p is the price of one unit. At what price will the demand be 15 units? How many units will be demanded if the price is $41.60?3. (a) If the demand function is P = 60 – Qfind an expression for TR in terms of Q.Differentiate TR with respect to Q to find a general expression for MR in terms of Q. Hence write down the exact value of MR at Q = 50.Calculate the value of TR when (a) Q = 50 (b) Q = 51 and hence confirm that the 1 unit increase approach gives a reasonable approximation to the exact value of MR obtained in part (1)(b) The consumption function is C = 0.01Y2 + 0.8Y + 100 (i) Calculate the values of MPC and MPS when Y = 8.(ii) Use the fact that C + S = Y to obtain a formula for S in terms of Y. By differentiating this expression find the value of MPS at Y = 8 and verify that this agrees with your answer to part (a).
- The quantity demanded of the commodity in the market is 25 units when the selling price per unit is P12. Derive the demand equation given that because of the decrease in price to P8 per units, the quantity demanded increased to 60 units.The demand equation for a certain brand of pencil is 100y? + 9t2 = 3600 where (y) represents the number (in thousands) of ten-packs demanded each week when the unit price is $(t). How fast is the quantity demanded increasing when the unit price per ten-pack is $14 and the selling price is dropping at the rate of $0.15 per ten-pack per week?The demand equation for a particular candy bar is px + x + 20p = 3000where 1000x candy bars are demanded per week when p cents is the price per bar. If the current price of the candy is 49 cents per bar and the price per bar is increasing at the rate of 0.2 cent each week, find the rate of change in the demand.