Given the following demand and supply functions:
Qd= 50- 5log p where Qd >= 0
Qs= 20 log p –25 where Qs >= 0
Find quantity demanded and supplied at a price of $30
Find equilibrium price and quantity.
Given the following demand and supply functions:
Qd = 80- 10 log p where Qd >= 0
Qs = 30 log p – 40 where Qs > 0
Find quantity demanded and supplied at a price of $111.
Find equilibrium price and quantity.
Qs = 2p^2-p+4. Find marginal supply ( rate of change of Qs with respect to p) and
elasticity of supply
Qd = 50-4p-p^2. Find marginal demand and elasticity of demand.
Qs = p^2-4p. Find marginal supply and elasticity of supply at p=5
-Find Marginal Revenue for each of the following functions at the specified points.
Qd = 40 - 0.5p at q=30
Qd = 60 -3p at q= 6
Qd = 100 – p^2/3 at q = 96
-Find the second derivative of each of the following functions.
Qs = 2p^2-4p +3
Qd = 100- 3p^3 +4p
-Find direction of concavity and points of inflection for each of the following:
Y = 2x^3- 9x^2- 60x +7
Y = 2x^3- 27x^2+ 48x+ 5
-Find maximum and minimum points, directions of concavity, and points of inflection for
the following functions:
TR = 18q^2 – 4q^3, where q>= 0.
TR = -q^3+ 48q^2 – 180q, where 0<=q<=50
TR = -q^4+ 20q^3- 100q^2, where 3<=q<=15