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Answer:
100
Step-by-step explanation:
In economics, for a firm to earn optimum profits, it is important that it achieves a long run equilibrium. We can transfer the same to the case here that for the club to achieve optimum attendance, it must achieve long- run equilibrium attendance.
The condition for Long Run Equilibrium is that:
Club meeting attendance this week = Club meeting attendance next week
X = 80 + 0.20X
X - 0.20X = 80
X = 80/0.8
X = 100.
The long- run equilibrium attendance for this club is 100.
Answer:
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Step-by-step explanation:
Answer:
y(t) = 391 - 30t
Step-by-step explanation:
The weekly difference is 391-361 = 30
y(t) = 391 - 30t.
With t being the number of weeks.
If the arrow is pointing downwards, it means it is negative (like the one in your picture). If the arrow points upwards, it is positive!! :)