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Suppose the demand and prince for the HBO cable channel are related by p=-.5q+30.95, where p is the monthly price in dollars and q is measured in millions of subscribers. If the price and supply are related by p=.3q+2.15, what are the equilibrium quanity and price?
Adult tickets for a play cost $16 and child tickets cost $9. If there were 24 people at a performance and the theater collected $258 from ticket sales, how many children attended the play?
Vern invested $11,000. Part was invested at 15% and part at 13%. If the total interest at the end of the year is $1,610, how much did he invest at 15%?
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