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Find the Correlation Coefficient p=S(q)=54q and p=D(q)=9054qp=S(q)=\frac{5}{4} q \quad \text { and } p=D(q)=90-\frac{5}{4} q \text {, }

Question 99

Multiple Choice

Find the correlation coefficient.
-Let the supply and demand functions for raspberry-flavored licorice be given by
p=S(q) =54q and p=D(q) =9054qp=S(q) =\frac{5}{4} q \quad \text { and } p=D(q) =90-\frac{5}{4} q \text {, }

where p \mathrm{p} is the price in dollars and q \mathrm{q} is the number of batches. Graph these functions on the same axes (graph the supply function as a dashed line and the demand function as a solid line) . Also, find the equilibrium quantity and the equilibrium price.
  Find the correlation coefficient. -Let the supply and demand functions for raspberry-flavored licorice be given by    p=S(q) =\frac{5}{4} q \quad \text { and } p=D(q) =90-\frac{5}{4} q \text {, }    where   \mathrm{p}   is the price in dollars and   \mathrm{q}   is the number of batches. Graph these functions on the same axes (graph the supply function as a dashed line and the demand function as a solid line) . Also, find the equilibrium quantity and the equilibrium price.   A)    B)    C)    D)


A)   Find the correlation coefficient. -Let the supply and demand functions for raspberry-flavored licorice be given by    p=S(q) =\frac{5}{4} q \quad \text { and } p=D(q) =90-\frac{5}{4} q \text {, }    where   \mathrm{p}   is the price in dollars and   \mathrm{q}   is the number of batches. Graph these functions on the same axes (graph the supply function as a dashed line and the demand function as a solid line) . Also, find the equilibrium quantity and the equilibrium price.   A)    B)    C)    D)
B)   Find the correlation coefficient. -Let the supply and demand functions for raspberry-flavored licorice be given by    p=S(q) =\frac{5}{4} q \quad \text { and } p=D(q) =90-\frac{5}{4} q \text {, }    where   \mathrm{p}   is the price in dollars and   \mathrm{q}   is the number of batches. Graph these functions on the same axes (graph the supply function as a dashed line and the demand function as a solid line) . Also, find the equilibrium quantity and the equilibrium price.   A)    B)    C)    D)
C)   Find the correlation coefficient. -Let the supply and demand functions for raspberry-flavored licorice be given by    p=S(q) =\frac{5}{4} q \quad \text { and } p=D(q) =90-\frac{5}{4} q \text {, }    where   \mathrm{p}   is the price in dollars and   \mathrm{q}   is the number of batches. Graph these functions on the same axes (graph the supply function as a dashed line and the demand function as a solid line) . Also, find the equilibrium quantity and the equilibrium price.   A)    B)    C)    D)
D)   Find the correlation coefficient. -Let the supply and demand functions for raspberry-flavored licorice be given by    p=S(q) =\frac{5}{4} q \quad \text { and } p=D(q) =90-\frac{5}{4} q \text {, }    where   \mathrm{p}   is the price in dollars and   \mathrm{q}   is the number of batches. Graph these functions on the same axes (graph the supply function as a dashed line and the demand function as a solid line) . Also, find the equilibrium quantity and the equilibrium price.   A)    B)    C)    D)

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