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
The solution will be where the graph crosses the x-axis.
When a graph crosses the x-axis, the value of the function is 0. Just look at your graph and look at the x-values where the graph crosses the x-axis.
Yes because the answer would be
X=5
Answer:
9
Step-by-step explanation:
Because 9 times 8 is 72. Hope this helps
