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#1 2009-06-19 11:57:16

Jane001
Member
Registered: 2009-06-18
Posts: 3

Integration. Please, please help me with an urgent problem : )

Hi All

I am desperate for a solution. Can someone please, please, please help me with this integration problem?
It is attached in the .bmp file.

The final answer should be $235

I would be MOST appreciative for any help.

If it helps, the paper from where this problem comes from is available at: http://wwwdocs.fce.unsw.edu.au/economics/news/VisitorSeminar/QG.pdf    on page 62.

Jane
p.s. apparently there will be rounding errors, so the answer will just be 'close' to the answer given
p.p.s if it is not too much trouble, could you please write each step - as I have to repeat this with different data (and I am a mathematics novice). Thankyou kindly.

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#2 2009-06-19 19:58:05

bobbym
bumpkin
From: Bumpkinland
Registered: 2009-04-12
Posts: 109,606

Re: Integration. Please, please help me with an urgent problem : )

Hi Jane001;

  I don't understand what pA(q) and pB(q) are, you have defined qT(p) and qB(p).


In mathematics, you don't understand things. You just get used to them.
If it ain't broke, fix it until it is.
Always satisfy the Prime Directive of getting the right answer above all else.

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#3 2009-06-19 20:19:39

Jane01
Guest

Re: Integration. Please, please help me with an urgent problem : )

Hi Jane001;

  I don't understand what pA(q) and pB(q) are, you have defined qT(p) and qB(p).


Hello!

I believe it is the inverse of the quantity equation to express them in terms of price.

Beyond that, I don't understand either.

Thanks for having a look anyway. Appreciate it.

Jane

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