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13 Nov 2019
facturer determines that the supply function for x units of a certain commodity is S(r)-In+2) and the corresponding demand function is D(x)-10-In(x+1). (a) Find the demand price p= D(x) when the level of production ix x= 10 units. (b) Find the supply price p-S(x) when x= 100 units. (o) Find the level of production and unit price that correspond to market equilibrium where D(x)-s unit price that correspond to market equilibrium where D()-).
facturer determines that the supply function for x units of a certain commodity is S(r)-In+2) and the corresponding demand function is D(x)-10-In(x+1). (a) Find the demand price p= D(x) when the level of production ix x= 10 units. (b) Find the supply price p-S(x) when x= 100 units. (o) Find the level of production and unit price that correspond to market equilibrium where D(x)-s unit price that correspond to market equilibrium where D()-).
Lelia LubowitzLv2
5 Feb 2019