Worldwide quarterly sales of nokia cell phones was approximately q=-p+156 million phones when the wholesale price was $p. (8 points)
(1) if nokia was prepared to supply q=4p-394 million phones per quarter at a whole price of $p, what would be the equilibrium price?
(2)the actual wholesale price was $105 in the fourth quarter of 2004. estimate the projected shortage or surplus at that price.

Idon’t understand! 15 points for whoever answers correctly! write an equation for the lion, and one for the zebra. then, plot the points on an x,y chart going up to 8. plot both points on the

An initial investment of $100 is now valued at $150. the annual interest rate is 5%, compounded continuously. the equation 100e0.05t = 150 represents the situation, where t is the number of years the money has been invested. about how long has the money been invested? use your calculator and round to the nearest whole number. years

An automobile assembly line operation has a scheduled mean completion time, μ, of 12 minutes. the standard deviation of completion times is 1.6 minutes. it is claimed that, under new management, the mean completion time has decreased. to test this claim, a random sample of 33 completion times under new management was taken. the sample had a mean of 11.2 minutes. assume that the population is normally distributed. can we support, at the 0.05 level of significance, the claim that the mean completion time has decreased under new management? assume that the standard deviation of completion times has not changed.