Answer:
Step-by-step explanation:
The demand function is expressed as
D(p )=1150-50p
The supply function is expressed as S(p)=−200 + 40p
Where
p represents the price
A) The equilibrium price is the price at which the quantity supplied and the quantity demanded would be equal. Therefore
1150 - 50p = - 200 + 40p
40p + 50p = 1150 + 200
90p = 1350
p = 1350/90
p = 15
The equilibrium price is $15
b) For quantity demanded to be greater than quantity supplied, the price would be
1150 - 50p > - 200 + 40p
40p + 50p > 1150 + 200
90p > 1350
p > 1350/90
p > 15
The price would be greater than 15
c) if the quantity demanded is greater than the quantity supplied, the prices of the T shirt would increase.
Using the formula v = pi x r^2 x h
pi x 18.0625 x 4
You will get the answer= 72.25pi
and rounded you get
=
<em>72pl</em>
Answer:
7500 kg
Step-by-step explanation:
t = tonnes
Answer: 0.14
Step-by-step explanation:
You had to convert the decimals into percentages move the decimal point two places to the left which makes 14% the answer
