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
Answer:
54
Step-by-step explanation:15+15+9+9+3+3=54
Answer:
-0.9
Step-by-step explanation:
hope this helps lovely! lmk if you need an explanation!
