1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexira [117]
2 years ago
9

Find the equilibrium point for the pair of demand and supply functions. Here q represents the

Mathematics
1 answer:
olya-2409 [2.1K]2 years ago
4 0

The equilibrium point for the pair of demand and supply function is 100

We have been two linear function, one is linear supply function and other is linear demand function.

In general , linear supply function is given as:

                            Qs = x + yP

                       Where , Qs = quantity supplied

                                        x = quantity

                                        P = price

And linear demand function is given is :

                             Qd = x + yP

                      Where , Qs = quantity supplied

                                        x = quantity

                                        P = price

According to the question,

                   Linear supply function is q = 300 + 5x

          And  linear demand function is q = 4800 – 40x

To find the equilibrium point we will put two quantities equal, that is,

                                 Qs = Qd

                      300 + 5x = 4800 – 40x

                        5x + 40x = 4800 – 300

                          45x = 4500

                             x =  100

Hence the equilibrium point is 100

Learn more about equilibrium point here : brainly.com/question/1915798

#SPJ9

You might be interested in
Illustrative Example 1:
dlinn [17]

Given:

The data set is:

87, 84, 85, 85, 86, 90, 79, 82, 78, 76

To find:

The mode of the given data set.

Solution:

We have,

87, 84, 85, 85, 86, 90, 79, 82, 78, 76

Arrange the data values in the ascending order.

76, 78, 79, 82, 84, 85, 85, 86, 87, 90

We know that the mode of date set is the most frequency value of the data set.

From the above data set it is clear that the number 85 has the highest frequency 2.

Therefore, the mode of the data set is 85.

6 0
3 years ago
To the nearest hundredth of a yard, determine the circumference of the given circle. Approximate as 3.14. r=6
Bond [772]

Answer:

37.68

Step-by-step explanation:

c = 2 x 3.14 x 6

7 0
3 years ago
Calculate the rate of change.
Tpy6a [65]

Answer:

2

Step-by-step explanation:

Rise is 10 run is 5 Rate of Change is rise over run.

7 0
3 years ago
A different map has a scale of 1:50000
Deffense [45]

Answer:

8 Km

Step-by-step explanation:

16 x 50000 = 800,000 cm

800,000 cm = 8,000 m

8,000 m = 8 km

I hope this helps, if not sorry

6 0
3 years ago
14.914 cm + 243.1 cm + 243.1 cm =269.0186 cm
Alexeev081 [22]

Answer:

False

Step-by-step explanation:

3 0
3 years ago
Other questions:
  • The product of twice a number and two is the same as the difference of three times the number and 1/2. find the number.
    5·1 answer
  • If a triangle has a side with 8cm and a side with 10 what it the other side
    13·1 answer
  • The equation of ellipse M is
    6·1 answer
  • 34 less than the product of 26 and an unknown number is 18
    11·1 answer
  • Find the difference 828,738 and 395,791
    6·1 answer
  • A restaurant sells 12 breakfast meals used what’s 25% of a breakfast meals are pancakes how many orders of pancakes does the res
    7·1 answer
  • In a study of the gasoline mileage of model year 2017 automobiles, the mean miles per gallon was 27.5 and the median was 26.8. T
    11·1 answer
  • If 9×4 =36 does 9×4+5=36+6
    14·1 answer
  • Help and get correct answer for brainiest!
    13·1 answer
  • Larry rolls 2 fair dice and adds the results from each.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!