Answer:
Option D!
Step-by-step explanation:
Answer:
y=3/4x+2
Step-by-step explanation:
2 is the y intercept.
Go up 3 right 4 to reach a even point.
4/5 in decimal form would be,
![0.8](https://tex.z-dn.net/?f=0.8)
if you have any other questions like this,let me know. I'll help you.
Answer:
200
Step-by-step explanation:
4x5+20 20x10=200
Have a wonderful day!
<u>The question is completed as thus:</u>
p=5300 - 60q, respectively.
What price gives market equilibrium, and how many units are demanded and supplied at this price?
Answer:
The equilibrium price is $2750 and the equilibrium quantity is 42.5
Step-by-step explanation:
Give
<u>Supply Function</u>
![p=60q+200](https://tex.z-dn.net/?f=p%3D60q%2B200)
<u>Demand Function</u>
![p=5300 - 60q](https://tex.z-dn.net/?f=p%3D5300%20-%2060q)
Required: Determine the equilibrium price and quantity
To do this, we equate both functions
![p = p](https://tex.z-dn.net/?f=p%20%3D%20p)
![60q + 200 = 5300 - 60q](https://tex.z-dn.net/?f=60q%20%2B%20200%20%3D%205300%20-%2060q)
Collect Like Terms
![60q +60q = 5300 - 200](https://tex.z-dn.net/?f=60q%20%2B60q%20%3D%205300%20-%20200)
![120q = 5100](https://tex.z-dn.net/?f=120q%20%3D%205100)
Make q the subject
![q = \frac{5100}{120}](https://tex.z-dn.net/?f=q%20%3D%20%5Cfrac%7B5100%7D%7B120%7D)
![q = 42.5](https://tex.z-dn.net/?f=q%20%3D%2042.5)
Substitute 42.5 for q in ![p=60q+200](https://tex.z-dn.net/?f=p%3D60q%2B200)
![p = 60 * 42.5 + 200](https://tex.z-dn.net/?f=p%20%3D%2060%20%2A%2042.5%20%2B%20200)
![p = 2550 + 200](https://tex.z-dn.net/?f=p%20%3D%202550%20%2B%20200)
![p =2750](https://tex.z-dn.net/?f=p%20%3D2750)
<em>Hence, the equilibrium price is $2750 and the equilibrium quantity is 42.5</em>