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Use the demand function X=325(1-(6p/7p+4))

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demand function for kerosene: Kd=a0+a1Pksupply function for kerosene: Ks=b0+b1Pk+b2Pg demand function for gasoline:
1. 3 answers
2. asked by May
3. 695 views
Suppose a monopolist faces production function Q = 3KL and demandfunction Q = 12 − P. Derive the input demand (as a function
1. 0 answers
2. asked by Yash
3. 1,046 views
If the demand function is:Qd = 1300 - 10p - p^2 1. Sketch the demand curve above. 2. Find the arc elasticity of demand for the
1. 1 answer
2. 266 views
You have been consulted as a researcher to study the factors affecting the demand for breads among BSC. Economics II students
1. 1 answer
2. asked by Jr
3. 213 views
You operate a gaming Web site, where users must pay a small fee to log on. When you charged $4 the demand was 510 log-ons per
1. 0 answers
2. asked by liz
3. 549 views
You operate a gaming Web site, where users must pay a small fee to log on. When you charged $3 the demand was 520 log-ons per
1. 1 answer
2. asked by Erin
3. 1,533 views
The marginal revenue for x items in dollars is given by R′(x)=−4.5x+6. Determine (a) the revenue function and (b) the demand
1. 0 answers
2. asked by Ann
3. 935 views
A company is increasing production at the rate of 25 units per day. The daily demand function is determined by the fact that the
1. 0 answers
2. asked by John
3. 778 views
A company is increasing production at the rate of 25 units per day. The daily demand function is determined by the fact that the
1. 0 answers
2. asked by Alex
3. 1,092 views
Suppose a demand function is given by Q=10P^-0.5Y^0.75. Calculate the price elasticity of demand and income elasticity of
1. 0 answers
2. asked by Pialess
3. 595 views

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