Suppose that the demand and price for a wrist watch are related by the following equation:
p = D (q) = 28 - 2.25
where p is the price (in dollars) and q is the quantity demanded (in hundreds).
a. Find the price when the demand is 0 watches. b. Find the price when the demand is 400 watches.
c. Find the quantity supplied at a price of $10.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that the demand and price for a wrist watch are related by the following equation: p = D (q) = 28 - 2.25 where p is the price (in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What do parameters allow you to do? A. Parameters let you generate a report from your query. B. Parameters let you run more specific and complex queries. C. Parameters let you browse information from one table quickly. D.
Answers (1)
c. With a little work, an unused office area could be converted to a rental room. If the conversion cost is the same for both types of rooms, would you recommend converting the office to a Type I or a Type II room? Why?
Answers (1)
Assume that the following data describe the condition of the banking system: Total reserves $100 billion Transactions deposits $800 billion Cash held by public $400 billion Reserve requirement 0.
Answers (1)
Assume that Pharoah Company uses a periodic inventory system and has these account balances: Purchases $351,600; Purchase Returns and Allowances $12,300; Purchase Discounts $6,300; and Freight-in $17,000.
Answers (1)
One of the most explosive areas of growth in recent years has been cellular phone networks
Answers (2)
New Questions in Business
Diane had a plan to improve her responsibility. in order to understand if she has met her goal, she must A. formulate a new goal B. record her progress C. accomplish harder tasks D. ask others for their opinions
Answers (1)
Olivia's employer deducts an amount from her paycheck for the Medicare program. What type of withholding is being deducted from Olivia's paycheck? A) tax exemption B) local withholding C) state withholding D) Social Security withholding
Answers (1)
A popular variation of the accounts receivable turnover is the a. credit risk ratio. b. concentration of credit risk. c. bad debts ratio. d. average collection period.
Answers (1)
When Japan exports goods to the United States, which Country shows a balance of payments credit
Answers (1)
Love Company's accounting records show an after-closing balance of $42,100 in its Retained Earnings account on December 31, 2018.
Answers (1)