ACME Skateboards Inc., has paid consultants to look overlast year\'s sales and p

Question

ACME Skateboards Inc., has paid consultants to look overlast year's sales and provide them with supply and demand equationsthat 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 isthe price per skateboard in dollars, and S is the number ofskateboards produced in thousands. The consultants also provided D= 15 - 0.5x as the demand curve where x represents the price perskateboard in dollars, and D represents the demand for theirproduct in thousands.

1. What should the price of a skateboard be for the company tobreak even? (Round your answer to the nearest penny.)

2. At what unit price will supply exceed demand by one thousandskateboards? (Round your answer to the nearest penny)

3. Solve: x1/2 + 2x1/4 - 3 =0.

Explanation / Answer

3. x+24x-3=0 or if x1/2+(2x)1/4-3=0 then x+4(2x)-3=0

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