predict the weekly supply if the market price equals $25per unit
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Step-by-step explanation:
(1) If price per unit, p, is plotted on the horizontal axis and the quantity supplied q is plotted on the vertical axis, determine the slope-intercept form of the equation of the line which passes through these two points. (ii) Interpret the slope of the equation in this application. (ii) Predict the weekly supply if the market price equals $25 per unit. (b) Global Insurance Company has four salespeople working in Hill town. The number of policies sold during the last month is given in matrix A, as O'Malley Caponi Steomberg Deutsch 8 7 81 Automobile 6 9 11 5 Life A 4 3 2 이 Health 0 2 1 3 Homeowners 1) Let S= [1 1 1 1]. Find SA and interpret its elements. ii) Find AS' and interpret its elements. 12+15+7=34 (a) Find f (x,y), f(x,y). 1. (1.3), and f,(-2,4) for the given function. If z = f(x,y) = 3x*y? – x2y3 + 4x + 9 (b) A firm estimates that it can sell Q units of its product with an advertising expenditure of x thousand dollars where Q = Q(x) = -x + 600x + 25 1) Over what level of advertising expenditure is the number of units of 3 product sold increasing? ii) Over what level of advertising expenditure is the number of units of product sold decreasing? c) Determine the location and values of the absolute maximum and absolute minimum for the given function f(x)= (-x + 2)*, where 0 5x53