Find the equilibrium quantity and equilibrium price

Assignment Help Basic Statistics
Reference no: EM13902685

Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given.

Supply: p= 80q Demand: p= -q^2 + 4800.

Reference no: EM13902685

Questions Cloud

Which is better if the interest rate is 12 percent : Suppose you can buy a new Toyota Corolla for $20,000 and sell it for $12,000 after six years. Alternatively, you can lease the car for $300 per month for three years and return it at the end of the three years. For simpli- fication, assume that le..
How much money will you receive at the time of their sale : How many cases should you buy, how long should you wait to sell them, and how much money will you receive at the time of their sale?
Develop the multiplexing algorithm : Develop the multiplexing algorithm to obtain y(n) from xi(n) or y(t) from xi(t). (You might find it easier to work in frequency domain) and Plot your input signals xk(t) and the output signal y(t) with Matlab.
What is the css box model and how is it used to setup a page : What is the CSS box model and how is it used to setup the layout of a page?
Find the equilibrium quantity and equilibrium price : Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given
Why division as management turn down such a good opportunity : Why did Division A's management turn down such a good opportunity? What in the behavior of the home office staff induced Division A's management to reject the new project?
Would that new firm produce as many different brands : Suppose all firms in a monopolistically competitive industry were merged into one large firm. Would that new firm produce as many different brands? Would it produce only a single brand? Explain.
Explain access control methods and attacks : Explain access control methods and attacks
What conflicting incentives for managers can occur : What conflicting incentives for managers can occur between the use of a yearly ROI performance measure and DCF for capital budgeting?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Develop the hypothesis for a 3x3 factorial design anova the

develop the hypothesis for a 3x3 factorial design anova. the experiment revolves around the effect of music and

  Suppose we roll a die 10 times what is the approximate

suppose we roll a die 10 times. what is the approximate probability that the sum of the numbers obtained lies between

  The coefficient of determination r2 is a pre measure what

on completing this chapter you should be able to correctly answer the following questions.a. true or false it is

  Confidence interval for the population mean also interpret

Find out the confidence interval for the population mean also interpret the result. A researcher is interested in whether social assertiveness might be influenced by training procedures.

  True population proportion problem

Given: You are using a significance level of α = 0.05 to test a claim that p > 0.5. Your sample is a simple random sample of size n = 49. Calculate β for the test, assuming that the true population proportion is 0.7 and showing all work.

  Independent variable and the dependent variables

What are the independent variable and the dependent variables and should Katie conduct a between-subjects ANOVA or a within-subjects ANOVA? Explain your answer.

  If 16 students are randomly selected find the probability

as shown in your earlier work assuming the systolic blood pressure among women college students is normally distributed

  Distinguish among classical or a priori probability

Distinguish among classical or a priori probability, relative frequency or empirical probabil- ity, and subjective or personalistic probability. What is the disadvantage of each?

  Discussion on significance testing

A marketing analyst was studying the readability of two advertisements, each produced by a major company, and printed in the newspaper.

  Find the probability that exactly three experienced insomnia

A random sample of 20 Clarinex-D users is obtained, and the number of patients who experienced insomnia is recorded. Find the probability that exactly 3 experienced insomnia as a side effect.

  Estimate of those population parameters

What is the probability that you get a seat that would fail the stress test if failing is a score of  6.2 or less and estimate of those population parameters

  Plausible mean value using histogram applet

This set of height measurements are recorded in centimeters. Answer the following questions using the Histogram Applet. Is 1.7cm a Plausible mean value? Explain.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd