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
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The answer is (4,5) (5,-5) (6,-4) (7,3) (8,1).
Answer:
27KG
Step-by-step explanation:
Mouse- M , Cat - C, Dog - D
M + C = 10 ----- (1)
M + D = 20 -------(2)
C + D = 24 --------(3)
(1) - (2) => C - D = -10 ---- (4)
(3) + (4) => 2C = 14
=> C = 7
Substitute C in (1) => M + 7 = 10
=> M = 3
Substitute M in (2) => 3 + D = 20
=> D = 17
Therefore C + M + D = 7 + 3 + 17 = 27KG
Answer:
A
Step-by-step explanation:
You only need one admission ticket, so there is no need to have a variable with it. She golfed multiple rounds, so you need a variable by $6.25. You are adding the charges together so you need an addition symbol.
Hope this helps!
Answer:
(5,225)
Step-by-step explanation:
The break even point is when the cost equals the revenue.
C=R
15x+150=45x
150=30x
x=5
Plug this back into the original equations to get the y value.
15*5+150=225
or 45*5=225
