Andrea spent a total of $43.87 on new clothes at a clothing store. She bought 1 pair of sandals for $8, 2 t-shirts for $9.49 eac
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Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Px = $4
Step-by-step explanation:
Given that:
En el mercado de satisfacción X hay 10,000 individuos idénticos, cada uno con una función de demanda definida por Qdx = 12 - Px y 1,000 productores idénticos de X satisfactorio, cada uno con una función de oferta dada por Qsx = 20 Px
El precio de equilibrio y la cantidad de equilibrio se pueden determinar de la siguiente manera;
Qdx = 10000(12-Px)
Qdx = 120000 - 10000Px
Qsx = 1000(20 Px)
Qsx = 20000 Px
El punto de equilibrio para completar el enunciado, cuando Qdx = Qsx es:
Qdx = Qsx
120000 - 10000 Px = 20000 Px
120000 = 20000 Px + 10000 Px
120000 = 30000 Px
Px =
Px = $4