The equilibrium price is $12.
<h3>What is the
equilibrium price ?</h3>
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. The price at equilibrium is known as the equilibrium price and the quantity at equilibrium is known as the equilibrium quantity.
When shown on a graph, equilibrium is the point where the quantity demanded curve is equal to the quantity supplied curve.
When there is equilibrium, the equation of quantity demanded would be equal to the equation of quantity supplied.
-280 + 40p = 800 - 50p
In order to determine the value of p, take the following steps:
Combine similar terms: 800 + 280 = 40p + 50p
Add similar terms = 1080 = 90p
Divide both sides of the equation by 90 : 1080 / 90 = 12
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The answer is B
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Answer:
14 = x
Step-by-step explanation:
-2 on both sides you get 7 = x/2, multiply both sides by 2 and you get 14 = x
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Explain
The value of P - Q as described in the question above is; P -Q = 2.
According to the question;
- P = number of primes less than 100
- Q = number of primes less than 90
Since, we are required to determine what the value of P-Q is;
The value of P-Q is simply the number of primes between 90 and 100.
The prime numbers between 90 and 100 are; 91 and 97.
Therefore, P - Q = 2.
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