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4 years ago

8

Max's T-shirt business uses the demand function P = -Q + 28 and the supply function P = Q - 12. According to these functions, wh

at will the equilibrium point be for Max's T-shirt business?
A. (20,8)
B. (12,28)
C. (8,20)
D. (28,12)

2 answers:

melisa1 [442]4 years ago

8 0

Answer:

The answer is (8,20) on APEX. just did the test. good luck!

MrRissso [65]4 years ago

7 0

A and c —————- Bc 20 +8 is 28

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Vsevolod [243]

Answer:

<h2>2x + 3y = 5</h2>

Step-by-step explanation:

$\bold{METHOD\ 1:}$

The slope-intercept form of an equation of a line:

$y=mx+b$

<em>m</em><em> - slope</em>

<em>b</em><em> - y-intercept</em>

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$y=-\dfrac{2}{3}x+2\to m_1=-\dfrac{2}{3}$

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