Question about Office Equipment & Supplies

# ACME Skateboards Inc., has paid consultants to look over last year's sales and provide them with supply and demand equations that fit their sales data. The consultants provided the equation S = 0.09x^2 - 0.45x + 3.5 for the company's supply curve where x is the price per skateboard in dollars, and S is the number of skateboards produced in thousands. The consultants also provided D = 15 - 0.5x as the demand curve where x represents the price per skateboard in dollars, and D represents the demand for their product in thousands. 1. What should the price of a skateboard be for the company to break even? (Round your answer to the nearest penny.) 2. What is the demand for ACME's skateboards if the price of a skateboard is \$11.14? (Round your answer to the nearest hundred) 3. By how many skateboards will demand exceed supply if the price is set at \$7.02 per skateboard? (Round your answer to the nearest hundred) 4. At what unit price will supply exceed demand by one thousand skateboards? (Round your answer to the nearest penny)

Posted by on

• Anonymous Mar 19, 2014

round 92554 to the nearest thousand

×

• Level 3:

An expert who has achieved level 3 by getting 1000 points

Superstar:

An expert that got 20 achievements.

All-Star:

An expert that got 10 achievements.

MVP:

An expert that got 5 achievements.

• Master

Hello,
Doesn't any body do their homework anymore? How are they supposed to learn anything?
Draw your graphs by hand or on a graphing calculator.
Think about the intersection points. (What does that mean when two curves intersect?)
Use the equation for the demand to obtain D for a particular x.
You can also determine by how much one function exceeds another for a particular value of the x variable (the graph is rather clear).
I assume you can solve a quadratic equation.
Use these hints to solve the problem.
Here is a graph. I even restricted it to the first quadrant so as not to mislead you into giving meaningless answers.

.

Hope it helps.

Posted on Oct 04, 2009

• k24674 Oct 04, 2009

Keep in mind that along the ordinate axis number are in thousands.

×

Hi,
a 6ya expert can help you resolve that issue over the phone in a minute or two.
Best thing about this new service is that you are never placed on hold and get to talk to real repairmen in the US.
the service is completely free and covers almost anything you can think of.(from cars to computers, handyman, and even drones)
Goodluck!

Posted on Jan 02, 2017

×

my-video-file.mp4

×

## Related Questions:

### I want to show a 6% sales increase from last year to this year. How do i figure it?

take you sales for the last year and put it into a calculator, then press plus + and then 6 and then the per cent key %

Or

Take your sales from last year, multiply by 6 and then divide by 100. That is the amount you will increase. Add it to last years sales.

Jan 09, 2017 | The Office Equipment & Supplies

### MIS ALIGNMENT OF LABELS

Not enough information provided to allow us to diagnose this problem. You might want to give us a call at (757) 357-2677. We're Hanover Technical Sales, Inc., Kroy's premier sales and support dealer. Ask for Don and inform him that you got his name and number from FixYa.

Apr 07, 2014 | Kroy K4100 Thermal Label Printer

### How To Do Linear Equations

Which of the following equations? What following equations?

Nov 15, 2013 | Office Equipment & Supplies

### My 2003 dodge durango is leaking antifreeze on the passenger side any reason why

your truck is 9 years old and parts break after a while. If manufacturers made vehicles that lasted forever like they used to, parts sales, new vehicle sales, and repair sales in dealerships would be much lower than they used to be. The auto industry includes all the part sales both OEM replacement and aftermarket. The industry also provides jobs to millions of workers in the repair and parts portions. And the industry provides a need for small businesses that cater to the demand of car owners (consumers). So auto manufactures make cars that have parts that will fail in an effort to provide jobs to the millions of people who work in the auto industry. Your trucks repairs will contribute to someones children having a meal, clothes, or something else the children need, through the income it helps provide to someones pay check.

Jul 20, 2012 | 2003 Dodge Durango

### What are the equations and its kinds?

Definition

A mathematical statement used to evaluate a value. An equation can use any combination of mathematical operations, including addition, subtraction, division, or multiplication. An equation can be already established due to the properties of numbers (2 + 2 = 4), or can be filled solely with variables which can be replaced with numerical values to get a resulting value. For example, the equation to calculate return on sales is: Net income ÷ Sales revenue = Return on Sales. When the values for net income and sales revenue are plugged into the equation, you are able to calculate the value of return on sales.

There are many types of mathematical equations.

1. Linear Equations y= mx + b (standard form of linear equation)
3. Exponential Equations y= ab^x
4. Cubic Equations y=ax^3+ bx^2+cx+d
5. Quartic Equations y= ax^4+ bx^3+ cx^2+ dx+ e
6. Equation of a circle (x-h)^2+(y-k)^2= r^2
7. Constant equation y= 9 (basically y has to equal a number for it to be a constant equation).
8. Proportional equations y=kx; y= k/x, etc.

Jun 14, 2011 | Computers & Internet

### We have an old version of Green Globs and Graphing Equations that does not work with Windows 7. Is there an update or patch available? Thank You.

According to a statement made by David Kibbey, President of Dugdale and Kibbey Consulting, Inc. (copyright owner of Green Globs & Graphing Equations):

"Sunburst's license to sell or distribute Green Globs & Graphing Equations expired July 13, 2010. The only version available now is our 2008 version at www.greenglobs.net, which runs on Mac OS X and Windows PC's (including Windows XP (and some earlier Windows versions), Windows Vista, and Windows 7)."

This appears to be the only (and probably last) "current" version of the software.

Mar 01, 2011 | Sunburst Green Globs and Graphing...

### I need an AC adapter to plug in my viewcam, what is the correct size

Cameras requests similar AC power supply either 110 volts or 220 volts. The cables connection area should only fit into the camera port provided allowing the power outlet area to s do the rest. Refer to the cameras user manuals to attain the specific cables. Also, consulting with the electronic sales persons usually with the camera detauils to acquire the appropiaet power cables. Once at the retails area, refer to the cameras battery compartment since similar details are provided on the power requriement either cells or AC cables.

Feb 06, 2011 | Sharp Viewcam VL-AH151U Camcorder

### Samsung B 725II 7x25mm binoculars - left eye lens is damaged. Is it possible to get a replacement?

In short, no.

They only cost £32 brand new, and at that price there simply is no way that spares can be supplied and fitted for less than the cost of replacing them.

Your only hope is that they are still covered under the manufacturer's warranty or if you're in the UK you'll also have Sale of Goods Act protection, which states that goods must be of durable quality considering the price paid and the intended use. Although the Act gives you up to six years protection (five in Scotland) it will not in this instance offer you anything the Samsung one year warranty does not already provide as you simply can't expect a £32 pair of binoculars to last longer than a year. Many will last far longer, but anything over that first year is a bonus.

I hope that you have found my reply to be informative and that you are able to rate my answer.

Feb 17, 2010 | Samsung B Binocular

### Where can I find parts for Equator WBR72 built in dishwasher

These machines were manufactured by Fagor based in Spain who are not supplying parts for these models to Appliance Desk (Equator's after sales service provider ), however Fagor have their physical presence in America and they should be liable to provide parts for the same. Since they do not want to sell parts to Appliance Desk they should be able to sell parts to the customers directly. In case you would like to purchase parts from them their website address is www.fagoramerica.com

Mar 21, 2009 | Equator SB72 Built-in Dishwasher

## Open Questions:

#### Related Topics:

691 people viewed this question

Level 3 Expert

Level 3 Expert