Answer:
Step-by-step explanation:
11/16 * 80 = 55
The equilibrium quantity is the value of p when the demand
d and supply s is equal. Therefore we equate the two equations:
60 – 10p + 2y = 20p – 20pm
We are given that:
y = 70
pm = 5
p =?
60 – 10p + 2(70) = 20p – 20(5)
200 – 30p = - 100
- 30p = - 300
<span>p = 10</span>
4.3996
42.097
43.001
414.05
4297.8
The answer is 18.5, I believe
good luck
$8300 is the correct answer....