Question 10 (15 points) Suppose a product has a log_linear demand given by:In(Q) = A - Bln (p) dQ a. Express Q as a function of p and show that: = dp -BQ P dQ b. Express "p" as a function of Q and fin

Answers

Answer 1

The log-linear demand function In(Q) = A - Bln(p) relates quantity demanded (Q) to price (p).

a. Q as a function of p:

Q = e^A / p^B

dp/dQ = -B * e^A / p^(B+1)

b. p as a function of Q:

p = e^(A/B) / Q^(1/B)



To solve this problem, let's start with the given demand function: In(Q) = A - Bln(p), where Q represents the quantity demanded, p is the price of the product, A and B are constants.

a. Express Q as a function of p:

To find the relationship between Q and p, we need to exponentiate both sides of the equation to remove the natural logarithm. By taking the exponential function, we get:

e^(In(Q)) = e^(A - Bln(p))

Using the property e^(A - Bln(p)) = e^A / e^(Bln(p)) = e^A / p^B, the equation becomes:

Q = e^A / p^B

Now, let's differentiate both sides of this equation with respect to p:

dQ/dp = d/dp(e^A / p^B)

To differentiate e^A / p^B, we can use the quotient rule:

dQ/dp = [e^A * (-B) * p^(B-1) - e^A * p^B * 0] / (p^B)^2

Simplifying this expression, we have:

dQ/dp = -B * e^A / p^(B+1)

b. Express "p" as a function of Q:

To find the relationship between p and Q, we can rearrange the equation Q = e^A / p^B:

p^B = e^A / Q

Now, taking the B-th root of both sides:

p = (e^A / Q)^(1/B)

Simplifying further:

p = e^(A/B) / Q^(1/B)

So, we have expressed "p" as a function of Q.

In summary, for the log-linear demand function In(Q) = A - Bln(p):

a. Q can be expressed as Q = e^A / p^B, and the derivative of Q with respect to p is dp/dQ = -B * e^A / p^(B+1).

b. p can be expressed as p = e^(A/B) / Q^(1/B).

To know more about log-linear demand functions, refer here:

https://brainly.com/question/32552608#

#SPJ11


Related Questions

During a football game, a team lost 12 yards on the first play and then gained 5 yards on each of the next 3 plays. Wh
method finds the total yards at the end of the first four plays ?
O add-12 to 3 x 5
add 12 to 3 x 5
add-12, 5, and 3
O add 12, 5, and 3

Answers

Answer: Id go with the first answer if its multiple choice

Step-by-step explanation:

they had 3 more plays where they scored 5 points (3x5)

but they lost 3 in the beggining (-12)

Halfway through the season, the Florida State Seminoles football team had the highest average final score. What was the Florida State
Seminoles' average score if their final scores were 33, 41, 33, 45, and 43?


Help me plsss

Answers

A, 39

You can get the average score by adding up all the total scores, (33, 41, 33, 45 and 43) and dividing that by the total number of scores, 5. 195 (total score)/5 (number of scores)= 39.

(-3,24,-192,1536,...) find the next three terms

Answers

Answer:

-12288, 98304, -786532

Step-by-step explanation:

each number in the sequence is multiplied by -8

-12288 , 98304 , -786432.

hope this helps

Is the function y =|x – 7| a one-to-one function? Justify your answer.

Answers

Answer:

Yes

Step-by-step explanation:

Whenever you have an absolute value function it will always be a one-to-one function unless the slop of the line is altered.

We need to determine whether the given function is one-to-one.

The given function is not one-to-one as explained below.

The given function is [tex]y=|x-7|[/tex]

In a one-to-one function each value of [tex]y[/tex] has only one value in [tex]x[/tex] and vice versa.

Let us use an example with the given equation.

[tex]x=4[/tex]

[tex]y=|4-7|=3[/tex]

[tex]x=10[/tex]

[tex]y=|10-7|=3[/tex]

So, for the same value of [tex]y[/tex] there are two values of [tex]x[/tex].

Hence, the given function is not one-to-one.

Learn more:

https://brainly.com/question/13160919

https://brainly.com/question/4483049

do you ride horses??

Answers

Answer:

yes

Step-by-step explanation:

Answer:

yes

Step-by-step explanation:

i have a friesian horse named butters he is a male!

In a binomial distribution where n = 900 and p= 1/3, determine
the mean and standard deviation.
Select one:
a. 300, 14.14
b. 2,700, 200
c. 300, 200
d. 2,700, 14.14

Answers

The mean and standard deviation of a binomial distribution with n = 900 and p = 1/3 can be determined as follows:

Mean = n * p = 900 * (1/3) = 300

Standard Deviation = √(n * p * (1 - p)) = √(900 * (1/3) * (2/3)) ≈ 14.14

What are the formulas used to calculate the mean and standard deviation of a binomial distribution?

In a binomial distribution, the mean (μ) represents the average number of successes that can be expected in a given number of trials. It is calculated by multiplying the number of trials (n) by the probability of success (p). In this case, with n = 900 and p = 1/3, the mean is obtained by multiplying 900 by 1/3, resulting in 300.

The standard deviation (σ) of a binomial distribution measures the amount of dispersion or variability in the distribution. It is calculated using the formula √(n * p * (1 - p)). By substituting the given values into the formula, we can compute the standard deviation as approximately 14.14.

Therefore, the mean and standard deviation of the binomial distribution with n = 900 and p = 1/3 are 300 and 14.14, respectively.

Learn more about:Bionomial distribution

brainly.com/question/14565246

#SPJ11

Twice the smaller of two consecutive integers increased by the larger integer is at least 25. Model the problem with an inequality, and determine which of the given values 7, 8, an(d)/(o)r 9 are solutions.

Answers

Let the first of the two consecutive integers be n. Then the next consecutive integer is n+1.

From the given information, we can form an inequality, which is:2n + (n+1) ≥ 25

The above inequality is formed from the statement "Twice the smaller of two consecutive integers increased by the larger integer is at least 25". Now, let's solve this inequality and find the values of n that satisfy it.2n + (n+1) ≥ 25Simplifying the above inequality, we get:3n + 1 ≥ 25

Subtracting 1 from both sides, we get:3n ≥ 24

Dividing both sides by 3, we get:n ≥ 8

Hence, the first of the two consecutive integers is greater than or equal to 8.

Therefore, the two consecutive integers that satisfy the given information are 8 and 9.

Now, we need to check which of the given values, 7, 8, or 9, satisfy the above inequality. Let's check for

n=7.2n + (n+1) = 2(7) + (7+1) = 15 < 25

Therefore, n=7 is not a solution.

Let's check for n=8.2n + (n+1) = 2(8) + (8+1) = 25 ≥ 25

Therefore, n=8 is a solution. Let's check for n=9.2n + (n+1) = 2(9) + (9+1) = 28 ≥ 25

Therefore, n=9 is also a solution.

Thus, we have found that the solutions to the given problem are n=8 and n=9.

To know more about inequality visit:

brainly.com/question/20383699

#SPJ11

Which expressions represent the amount of olive oil needed for 4 tablespoons of lemon juice? Write an expression to show the amount of olive oil in the recipe. Let j equal the number of
tablespoons of lemon juice.

Answers

To find out the amount of olive oil needed for 4 tablespoons of lemon juice, we have to express the amount of olive oil in terms of j, where j is the number of tablespoons of lemon juice used in the recipe.The recipe states that for every 4 tablespoons of lemon juice, we need 3/4 cups of olive oil.

That can be written as:3/4 cups of olive oil :

4 tablespoons of lemon juice To express the amount of olive oil in terms of j,

we can use ratios:3/4 cups of olive oil : 4 tablespoons of lemon juice = x cups of olive oil : j tablespoons of lemon juice

Cross-multiplying, we get:3/4 cups of olive oil * j tablespoons of lemon juice = 4 tablespoons of lemon juice * x cups of olive oil12 tablespoons of olive oil = 4x cups of olive oilx = 12/4x = 3

Therefore, the expression to show the amount of olive oil needed in the recipe is:

3/4 cups of olive oil : 4 tablespoons of lemon juice = 3 cups of olive oil : j tablespoons of lemon juice

Answer: The expression to show the amount of olive oil needed in the recipe is 3 cups of olive oil : j tablespoons of lemon juice.

To know more about expression visit :

https://brainly.com/question/28170201

#SPJ11

In a recent year, 19.8% of all registered doctors were female. If there were 41,900 female registered doctors that year, what was the total number of
registered doctors?
Round your answer to the nearest whole number.

Answers

Answer: 211,616 registered doctors
How I got this answer: I divided 41900 female dollars by 19.8 to get the amount of doctors of 1% and multiplied it by 100.

what is the solution to this equation.

4(5x+3)=14x + 30

Answers

Answer:

= 3

Step-by-step explanation

I am sorry if I am wrong

please help will give brainliest and 50 points!!!

Answers

Answer:

see below

Step-by-step explanation:

The first had 2 dots

The second has 4 dots

The third has 8 dots

The number of dots is doubling each time

D(n) =  2^n

This is a geometric sequence, we are multiplying the number of dots by 2 each time we  go to the next stage

The geometric formula is

xn = a r^(n-1)  where n is the stage and a is the number in the first stage and r is the common ratio

The number of the dots is doubling each time

First had 2, then 4 then 8

Need help this is due in 20 minutes

Answers

Answer:

X=4 hope I help

Step-by-step explanation:

llllllllll

I need help plz help me

Answers

Answer:

$38.10

Step-by-step explanation:

because -46.90+86 is 38.1

ur welcome!

pls marbeanibrainliest!

Evelyn and her father collects rocks Evelyn’s father has 5 more rocks than four times Evelyn’s rock. How many rocks does Evelyn name when her father has 49 rocks?

Answers

Answer:

Evelyn has 11 rocks.

Step-by-step explanation:

I first made an equation for the father's rocks.

5 + 4x = 49

X is Evelyn's rocks. We subtract the 5 from each side to get,

4x = 44, dividing each side by 4, we get X = 11.

We can double-check our answer by multiplying 11 by 4 and adding 5 to it. We get 49 doing this, proving our answer.

Suppose an industry with four firms1) having the same constant marginal cost c, = C2 = C = C4 = 4;2) incurring no fixed cost of production; 3) producing a homogeneous good and choosing output simultaneously (i.e., being Cournot competitors); and 4) facing the linear inverse demand P = 10-Q with Q = q1 + q2 + q3 +q4
Q11) Determine the value for c such that the merger becomes profitable
Q12) Determine the value for c, such that the price decreases post-merger

Answers

The merger profitable is c ≤ 2.5. The value of c that makes the price decrease is c > 0.

1) Value for c such that the merger becomes profitable:

To calculate the value of c that makes the merger profitable, we must follow the following steps:

First, let's calculate the total output of the industry, which is:

Q = q1 + q2 + q3 + q4

Second, we must determine the total cost of production (TC) of each firm, which is:

TC = C*q,

where C is the marginal cost of each firm.

Third, we must determine the total cost of production of the industry, which is:

TC = C*(q1 + q2 + q3 + q4)

Fourth, we must determine the total revenue of the industry, which is:

TR = P*Q, where P = 10 - Q

Then, we can calculate the profit (Π) of each firm, which is given by:

Π = TR - TC

And, finally, we can calculate the total profit (Π) of the industry, which is given by:

Π = TR - TC * 4, where 4 is the number of firms in the industry.

Now, let's substitute the expressions we found for TR and TC into the equation for Π:

Π = (10 - Q)*Q - C*(q1 + q2 + q3 + q4) * 4

Π = (10 - (q1 + q2 + q3 + q4))*(q1 + q2 + q3 + q4) - C*(q1 + q2 + q3 + q4) * 4

Π = (10 - Q)*(Q) - C*Q * 4

Π = 10Q - Q² - 4CQ

Now, we must differentiate Π with respect to Q and equate it to zero to find the value of Q that maximizes profit:

Π' = 10 - 2Q - 4C = 0

Π' = 10 - 2(Q) - 4(C)

= 0Q

= 5 - 2C

The value of c that makes the merger profitable is c ≤ 2.5.

To verify that this is true, we can substitute this value of Q into the equation for Π and check if it is positive:

Π = 10Q - Q² - 4CQ

Π = 10(5 - 2C) - (5 - 2C)² - 4C(5 - 2C)

Π = 50 - 20C - (25 - 20C + 4C²) - 20C + 8C²

Π = 3C² - 30C + 25

Π = 3(C - 2.5)² - 3.75

Since Π is positive for c ≤ 2.5, the merger is profitable for c ≤ 2.5.2) Value for c such that the price decreases post-merger:

To calculate the value of c that makes the price decrease after the merger, we must follow the following steps:

First, let's calculate the output of each firm before the merger, which is given by:

q = (10 - C - q)/3, where q is the output of each firm.

Second, let's calculate the total output of the industry before the merger, which is given by:

Q = 4q

Third, let's calculate the price before the merger, which is given by:

P = 10 - Q

Substituting Q and q into this equation, we get:

P = 10 - 4q

Since the firms have the same marginal cost, their output levels are the same.

Thus, after the merger, the new output level of the merged firm is Q' = 4Q/2 = 2Q, and the price is given by:

P' = 10 - Q'

To find the value of c that makes the price decrease, we must compare P and P':

P = 10 - 4c/3

P' = 10 - 8c/3

To find the value of c that makes P' < P, we must solve the inequality:

P' < P

P' - P < 0-8c/3 + 4c/3 < 0-4c/3 < 0c > 0

Thus, the value of c that makes the price decrease is c > 0.

Know more about the  merger profitable

https://brainly.com/question/15406191

#SPJ11

.In the least-squares line y=5-2x,
a. what are the values of the slope and the intercept?
b. when x changes by 1 unit, how much does y change?
c. if two variables have a negative linear correlation, is the slope of the least-squares lines positive or negative?

Answers

a) In the least-squares line y = 5 - 2x, the slope is -2 and the y-intercept is 5.  b) Since the slope of the line is -2, a change of 1 unit in x would cause a change of 2 units in y. c) When two variables have a negative linear correlation, the slope of the least-squares line is negative.

The least-squares line, also known as the linear regression line, is a straight line that shows the connection between two variables that are linearly related.

A straight line is used to connect two points, and the least-squares line is the line that connects the points with the smallest amount of error or the smallest amount of distance between the points and the line.

The formula for the least-squares line is given by y = mx + b,

where m is the slope of the line and b is the y-intercept.

In the least-squares line

y = 5 - 2x,

the slope is -2, and the y-intercept is 5.

The slope of the line tells us how much y changes when x changes by one unit. In this case, since the slope is -2, a change of 1 unit in x would cause a change of 2 units in y.

When two variables have a negative linear correlation, the slope of the least-squares line is negative.

A negative correlation means that when one variable increases, the other variable decreases.

For example, if we look at the correlation between temperature and snowfall, we would expect a negative correlation. As temperature increases, we would expect snowfall to decrease.

Know more about the least-squares line

https://brainly.com/question/30634235

#SPJ11

A realtor has a budget of $4,180 to spend on their advertising. Each month, x, the realtor
spends $220 on different advertisements. The amount of money remaining in the budget can
be modeled by the function A(x) = -220x + 4180. Based on the graph on the linear function
A(x) and the context of the problem, what is the domain?

Answers

Answer:The domain of the function A(x) = -220x + 4180 represents the valid inputs or values of x in the context of the problem. In this case, the context is the monthly spending on advertisements for a realtor with a budget of $4,180.

Since the realtor's budget is fixed at $4,180, the domain of the function would be the range of valid values for x that represent the number of months the realtor can spend on advertisements.

In this situation, it would be reasonable to assume that the realtor cannot spend a negative number of months on advertisements. Additionally, the realtor cannot spend more months on advertisements than the total duration of their budget, which is determined by dividing the budget by the monthly spending.

To find the domain, we need to consider the restrictions mentioned above. Therefore, the domain would be:

x ≥ 0 and x ≤ 4180 / 220

Simplifying the inequality:

x ≥ 0 and x ≤ 19

So, the domain of the function A(x) would be the set of non-negative integers less than or equal to 19.

linear equations
a+2b=-1
2a+3b=23​

Answers

Answer:

.2a + 4b = -2 2a + 3b = 23We subtract.. 0 + b = -25

a + (2×-25) = -1a - 50 = -1a = -1+50a = 49.

a = 49b = -25.

Step-by-step explanation:

proving my answer.

a + 2b = -149 + (2×-25) = -149 - 50 = -1

2a + 3b = 23(2×49) + (3×-25) = 2398 + (-75) = 2398 - 75 = 23

A sphere has a volume of 80cm*3
Calculate the radius of the sphere.
[The volume, V, of a sphere with radius r is V =4/3 x 22/7 x r*3]

Answers

Answer:

Step-by-step explanation:

What value of x makes the equation true?
0.2x + 0.7 = 0.8 - 0.3x

Answers

Answer:

6

Step-by-step explanation:

Answer:

[tex]x = \frac{1}{5}[/tex] or [tex]0.2[/tex] (they're the same)

I hope this helps!

7x + 9 = 58

x/2 - 12 = -14

-3x + 33 = -12

8x + 16 = 8

2x - 2 = -18

Answers

Answer: a) 7        b) -4         c) 15         d) -1        e) -8

Step-by-step explanation:

7x + 9 = 58

     -9   -9

7x       =  49

÷7         ÷7  

  x      =   7

x/2 - 12 =  -14

      +12   +12

x/2       =   -2

×2          ×2  

  x      =    -4

-3x + 33 =  -12

       -33   -33

-3x         =  -45

÷-3         ÷-3  

  x         =   15

8x + 16 =    8

      -16   -16

8x        =   -8

÷8          ÷8  

  x      =    -1

2x - 2 = -18

     +2   +2

2x       = -16

÷2         ÷2  

  x      =  -8

2 1/6 − 11/15x=0.15

please solve for x asap

Answers

x=  

44

------                          <-------- fraction

201                  

​  =4.568

Step-by-step explanation:

8880 divided bye 10 to the power of 2

Answers

Answer:

444/5

Step-by-step explanation:

Answer:

88.8

Step-by-step explanation:

10^2 is 100, so dividing 8880 by 100 is equal to 88.8

| y-5) = 45
how you find y ?

Answers

Answer:

y=45+5

=50

Step-by-step explanation:

Answer:

Transpose -5 to the other side so it becomes 45 + 5 which is equal to 50. Therefore, the value of y is 50.

Use finite approximations to estimate the area under the graph of the function f(x) =8-x^2-2x between x = -4 and x = 2 for each of the following cases. a. Using a lower sum with two rectangles of equal width b. Using a lower sum with four rectangles of equal width c. Using an upper sum with two rectangles of equal width d. Using an upper sum with four rectangles of equal width

Answers

The estimated area under the graph of the given function between x = -4 and x = 2 for each of the given cases is as follows:

a) Using a lower sum with two rectangles of equal width = 60

b) Using a lower sum with four rectangles of equal width = 60

c) Using an upper sum with two rectangles of equal width = 40

d) Using an upper sum with four rectangles of equal width = 40

The given function is f(x) = 8 - x² - 2x. We are required to use finite approximations to estimate the area under the graph of the given function between x = -4 and x = 2 for each of the following cases:

Solution a) Using a lower sum with two rectangles of equal width:

Let us use two rectangles of equal width. Hence, the width of each rectangle is given by:$$\Delta x = \frac{b-a}{n} = \frac{2-(-4)}{2} = 3$$

The x-values for each rectangle can be determined as:$$x_1 = -4, x_2 = -4+3 = -1, x_3 = -1+3 = 2$$

Therefore, the area under the curve is given by:$$A = f(x_1)Δx + f(x_2)Δx = [8-(-4²)-2(-4)](3) + [8-(-1²)-2(-1)](3)$$$$= 60$$

Solution b)Using a lower sum with four rectangles of equal width :Let us use four rectangles of equal width. Hence, the width of each rectangle is given by:$$\Delta x = \frac{b-a}{n} = \frac{2-(-4)}{4} = 1.5$$

The x-values for each rectangle can be determined as:$$x_1 = -4, x_2 = -4+1.5 = -2.5, x_3 = -2.5+1.5 = -1, x_4 = -1+1.5 = 0.5, x_5 = 0.5+1.5 = 2$$

Therefore, the area under the curve is given by:$$A = f(x_1)Δx + f(x_2)Δx + f(x_3)Δx + f(x_4)Δx$$$$= [8-(-4²)-2(-4)](1.5) + [8-(-2.5²)-2(-2.5)](1.5) + [8-(-1²)-2(-1)](1.5) + [8-(0.5²)-2(0.5)](1.5)$$$$= 60$$

Solution c) Using an upper sum with two rectangles of equal width:

Let us use two rectangles of equal width. Hence, the width of each rectangle is given by:$$\Delta x = \frac{b-a}{n} = \frac{2-(-4)}{2} = 3$$

The x-values for each rectangle can be determined as:$$x_1 = -4+3 = -1, x_2 = 2$$

Therefore, the area under the curve is given by:$$A = f(x_1)Δx + f(x_2)Δx = [8-(-1²)-2(-1)](3) + [8-(2²)-2(2)](3)$$$$= 40$$

Solution d) Using an upper sum with four rectangles of equal width :Let us use four rectangles of equal width.

Hence, the width of each rectangle is given by:$$\Delta x = \frac{b-a}{n} = \frac{2-(-4)}{4} = 1.5$$

The x-values for each rectangle can be determined as:$$x_1 = -2.5, x_2 = -1, x_3 = 0.5, x_4 = 2$$

Therefore, the area under the curve is given by:$$A = f(x_1)Δx + f(x_2)Δx + f(x_3)Δx + f(x_4)Δx$$$$= [8-(-2.5²)-2(-2.5)](1.5) + [8-(-1²)-2(-1)](1.5) + [8-(0.5²)-2(0.5)](1.5) + [8-(2²)-2(2)](1.5)$$$$= 40$$

Know more about area here:

https://brainly.com/question/32099620

#SPJ11

The Mariana Trench is-35,840 feet deep. The Puerto Rico Trench is -28,374. What is the difference between the two depths?​

Answers

Answer: -7,466 I would think.

Step-by-step explanation:

5
The points L, M and N are such that LMN is a straight line.
The coordinates of L are (-4, 3)
The coordinates of Mare (5, 8)
Given that LM: MN = 3:4,
find the coordinates of N.

Answers

The coordinates of point N are approximately (7.06, 10.74).

To find the coordinates of point N, we need to determine the position of N relative to points L and M. Since LMN is a straight line and the ratio of LM to MN is given as 3:4, we can use this information to find the coordinates of N.

Let's start by calculating the differences in the x-coordinates and y-coordinates between points L and M:

Δx = x-coordinate of M - x-coordinate of L = 5 - (-4) = 9

Δy = y-coordinate of M - y-coordinate of L = 8 - 3 = 5

Since the ratio of LM to MN is 3:4, we can express the differences in x-coordinates and y-coordinates as fractions:

Δx/LM = 3/7

Δy/LM = 4/7

To find the differences in x-coordinates and y-coordinates between points L and N, we can multiply the fractions by the length of MN:

Δx = (Δx/LM) * MN = (3/7) * MN

Δy = (Δy/LM) * MN = (4/7) * MN

Substituting the given values for Δx and Δy, we have:

9 = (3/7) * MN

5 = (4/7) * MN

To solve for MN, we can set up an equation using the two equations above:

9/(3/7) = 5/(4/7)

Simplifying, we have:

(9 * 7) / 3 = (5 * 7) / 4

21 = 35/4 * MN

Multiplying both sides by 4/35, we get:

MN = (21 * 4) / 35 = 84 / 35 = 24/5

Now that we know the length of MN, we can find its coordinates by adding the differences to the coordinates of point M:

x-coordinate of N = x-coordinate of M + Δx = 5 + (3/7) * (24/5) = 5 + 72/35 = 5 + 2.06 (rounded) ≈ 7.06

y-coordinate of N = y-coordinate of M + Δy = 8 + (4/7) * (24/5) = 8 + 96/35 = 8 + 2.74 (rounded) ≈ 10.74.

For more such questions on coordinates visit:

https://brainly.com/question/31293074

#SPJ8

What is the quotient in the expression
45
o?

Answers

Answer:

the quotient of 45 or o is 45/o. A quotient is the result of a division . For example 8/4=2 so, 2 is the quotient.

Can you help me plz on this

Answers

Answer:  A

Step-by-step explanation: I think it's point A.

7. After consulting with his broker, Don Hochstetler purchases
2,000 shares of Fallon Energy stock at $20.10 per share. He
also purchased 1,500 shares of MacWord Scientific at $56.24
per share. The commission is 0.1% of the cost of the stock.
a. What was the cost of the Fallon Energy stock?
b. How much was the commission?
c. What is the total value of the stocks including the
commission?

Answers

a. The cost of the Fallon Energy stock was $40,200.

b. The commission was $96.34.

c. The total value of the stocks, including the commission, was $96,826.34.

a. To find the cost of the Fallon Energy stock, we multiply the number of shares (2,000) by the price per share ($20.10):

Cost of Fallon Energy stock = 2,000 shares * $20.10/share = $40,200.

Therefore, the cost of the Fallon Energy stock was $40,200.

b. The commission is calculated as 0.1% of the cost of the stock. To find the commission for the Fallon Energy stock, we multiply the cost of the stock ($40,200) by 0.1% (0.001):

Commission for Fallon Energy stock = $40,200 * 0.001 = $40.20.

Similarly, for the MacWord Scientific stock, we calculate the commission by multiplying the cost of the stock ($56.24/share) by 0.1% (0.001) and the number of shares (1,500):

Commission for MacWord Scientific stock = 1,500 shares * $56.24/share * 0.001 = $84.36.

Therefore, the total commission for both stocks is $40.20 + $84.36 = $124.56.

c. To calculate the total value of the stocks including the commission, we add the cost of the stocks and the commission:

Total value of the stocks including commission = Cost of Fallon Energy stock + Cost of MacWord Scientific stock + Commission for both stocks

= $40,200 + (1,500 shares * $56.24/share) + $124.56

= $40,200 + $84,360 + $124.56

= $124,684.56.

Therefore, the total value of the stocks, including the commission, is $124,684.56.

For more question on commission visit:

https://brainly.com/question/28622492

#SPJ8

Other Questions
What is the sum of 60 and 30? Question 185.48 ptsIn science we use very big and very small numbers. Scientists have developed units ofmeasurement which make the numbers easier to manage. For example, instead of saying thatthe Sun is 93 million miles from the Earth, it is easier to say the Sun is onefromthe Earth. In science that is the unit of measure for the distance from the Sun to the Earth.A) space unit b) light unit. C) planetary unit d) astronomical unit a2=3+6a/3 what is the value of a? Express (x+ 1)(2x3) as a trinomial. What is the density of water in g/mL? What does that mean? 10. Columbus believed that the westward distance between Europe andAsia was shorter than it actually was.A. TrueB. False(Will mark brainliest) Grace is comparing cell phone plans. A prepaid phone plan costs $0.20 per minute and has no monthly fee. A contracted phone plan costs $50 per month and $0.02 per minute. How will the graphs of the monthly costs of the two cell phone plans compare where x represents minutes purchased in a month?The prepaid phone plan will have a steeper line and lower y-intercept.The contracted phone plan will have the same steepness and a higher y-intercept.The prepaid phone plan will have a less steep line and the same y-intercept.The contracted phone plan will have a steeper line and same y-intercept. Energy transformations take place when batteries power aflashlightWhich flowchart best represents how these transformations take place?-O A. Chemical (batteries) - electrical (electrical circuits)electromagnetic (bulb)O B. Electrical (batteries) - chemical (electrical circuits) -electromagnetic (bulb)electricalC. Chemical (batteries) -- thermal (electrical circuits)(bulb)O D. Electrical (batteries) -- chemical (electrical circuits) - electrical(bulb) Why do leave appear starch An individual went to the doctor with a blockage in their digestive system, but the doctor couldnot find the exact location. The doctor decided to give the patient that contained a radioactiveisotope. Explain why. 38. You must leave for campus in half an hour, or you will belate for class. Unfortunately, you are snowed in. You canshovel the driveway in 45 minutes and your brother claimshe can do it in 36 minutes. If you shovel together, how longwill it take to clear the driveway? Will this give you enoughtime before you have to leave? 1.) Decide if the following equation is always true, sometimes true, or never true.2(x + 3)=5x + 6 - 3xA) Always TrueB) Sometimes TrueC) Never trueDecide if the following equation is always true, sometime true, or never true.2.) x - 3=2x - 3 - xA) Always TrueB) Sometimes TrueC) Never TruePLEASE HELP!!!!!! a polygon has 6 sides the interior angle measures are 118, 115, 131,118,130 find the value of x PLEASE HELP I WILL GIVE BRAINLIEST What does the sentence 120+n=-60 tell you Vertical angles are supplements of each other a. sometimes b. always c. never Write a real-world problem with y=x(2)+2? Ella's hair grew from 10 3/4 inches to 13 1/4 inches over 5 months. At what rate did Ella's hair grow per month? Please answer! I WILL MARK BRAINLIEST!! East Hill Home Healthcare Services was organized five years ago by four friends who each invested $10,000 in the company and, in turn, were issued in total 8,000 shares of $1.00 par value common stock. To date, they are the only stockholders. At the end of last year, the accounting records reflected total assets of $700,000 ($50,000 cash; $500,000 land; $50,000 equipment; and $100,000 buildings), total liabilities of $200,000 (short-term notes payable $100,000 and long-term notes payable $100,000), and stockholders equity of $500,000 ($20,000 common stock; $80,000 additional paid-in capital; and $400,000 retained earnings). During the current year, the following summarized events occurred:a. Sold 9,000 additional shares of stock to the original organizers for a total of $90,000 cash.b. Purchased a building for $60,000, equipment for $15,000, and four acres of land for $14,000; paid $9,000 in cash and signed a note for the balance (due in 15 years). (Hint: Five different accounts are affected.)c. Sold one acre of land acquired in (b) for $3,500 cash to another company.d. Purchased short-term investments for $18,000 cash.e. One stockholder reported to the company that 300 shares of his East Hill stock had been sold and transferred to another stockholder for $3,000 cash.f. Lent one of the shareholders $5,000 for moving costs and received a signed, six-month note from the shareholder.Required:1. Was East Hill Home Healthcare Services organized as a sole proprietorship, a partnership, or a corporation?2. During the current year, the records of the company were inadequate. You were asked to prepare the summary of the preceding transactions. To develop a quick assessment of their economic effects on East Hill Home Healthcare Services, you have decided to complete the tabulation that follows and to use plus (+) for increases and minus () for decreases for each account. The first event is used as an example.4. Based only on the completed tabulation, provide the following amounts:5. Compute the current ratio for the current year What 2 cats cannot compete for food against the python?