If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
Hey there!
Since it's five less than this product, it would be:
(product) - 5
This signified product is defined as the product of 4 and x, or just 4x (four times x).
Therefore, we have:
4x - 5.
Hope this helps!
Answer:
You'll have 1.032 in the first box and 8 in the second box.
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Work Shown:
When expanded out, the number turns into which is just a bit over 103 million.
As the steps above show, we multiply the numbers out front to get 4.3*2.4 = 10.32 which then converts to . The exponential terms, when multiplied, will have the exponents add. The rule is
The first number 1.032 of the answer above is between 1 and 10, excluding 10. So it's a sign that the value is in scientific notation. That's why I converted the 10.32 to