There is an infinite number of chords in a circle
The equilibrium price is $12.
<h3>What is the
equilibrium price ?</h3>
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. The price at equilibrium is known as the equilibrium price and the quantity at equilibrium is known as the equilibrium quantity.
When shown on a graph, equilibrium is the point where the quantity demanded curve is equal to the quantity supplied curve.
When there is equilibrium, the equation of quantity demanded would be equal to the equation of quantity supplied.
-280 + 40p = 800 - 50p
In order to determine the value of p, take the following steps:
Combine similar terms: 800 + 280 = 40p + 50p
Add similar terms = 1080 = 90p
Divide both sides of the equation by 90 : 1080 / 90 = 12
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If the tax was 10%, then you’d end up paying the original 100% plus the additional 10% tax, so you’d pay 110% of the original price.
In your example, it’s the same, except you have 8.25% tax, so you’d pay 100%+8,25% or 108.25% of the original price.
That’s stated as a percent.
To convert a percent to a decimal, you divide by 100:
108.25 ÷ 100 = 1.0825
To convert a decimal to a fraction, you have to know the place value of the smallest place. In this case, the 5 is in the ten thousandths place.
10825/10000
You can always double check that fraction on a calculator.
The variable "x" equals 7
Answer:
25 cent stamps = 13 and 29 cent stamps = 15
Step-by-step explanation:
x = 25 cent stamps and y = 29 cent stamps
x + y = 28......x = 28 - y
0.25x + 0.29y = 7.60
0.25(28 - y) + 0.29y = 7.60
7 - 0.25y + 0.29y = 7.60
-0.25y + 0.29y = 7.60 - 7
0.04y = 0.60
y = 0.60 / 0.04
y = 15 <===== 29 cent stamps
x + y = 28
x + 15 = 28
x = 28 - 15
x = 13 <===== 25 cent stamps
lets check it...
0.25x + 0.29y = 7.60
0.25(13) + 0.29(15) = 7.60
3.25 + 4.35 = 7.60
7.60 = 7.60 (correct..it checks out)