Answer:
Equilibrium quantity = 26.92
Equilibrium price is $31.13
Step-by-step explanation:
Given :Demand function : 
Supply function : 
To Find : find the equilibrium quantity and equilibrium price.
Solution:
Demand function :
--A
Supply function :
---B
Now to find the equilibrium quantity and equilibrium price.
Solve A and B
Subtract B from A
So, equilibrium quantity = 26.92
Substitute the value of q in A
So, equilibrium price is $31.13
Answer:
50.6
Step-by-step explanation:
The perimeter of the circle is 12.56 because we take 1/2 of 8 (the length of the short side of the rectangle) and multiply that by pie (or 3.14). Now that we know that the perimeter of the circle is 12.56 we add that to 8 (short side of the rectangle) and we add that to 15 twice (which is 30)
b. One hundred and fifty (150) square feet
Answer:
18225
Use the formula: .
A = final amount
P = initial amount invested
r = annual interest rate
t = time (in years)
Insert all values in appropriate places.
Simplify.
A=16200(1+(0.025)(6))