Answer:
All of the Above.
Step-by-step explanation:
Monthly Payments is similar to length of time. Interest rate is the amount you pay back on a monthly scale.
4/5x-2>3/10*2x
4/5x-2>3/5x (3/10*2=3/5)
-2>-1/5x (subtract the 4/5x)
10<x (divide by -1/5 and change sign)
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.
64
4 x 10 = 40
4 x 6 = 24
(40)+(24) = 64
