Answer:
reeee :(
Step-by-step explanation:
The equilibrium point for the pair of demand and supply function is 100
We have been two linear function, one is linear supply function and other is linear demand function.
In general , linear supply function is given as:
Qs = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
And linear demand function is given is :
Qd = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
According to the question,
Linear supply function is q = 300 + 5x
And linear demand function is q = 4800 – 40x
To find the equilibrium point we will put two quantities equal, that is,
Qs = Qd
300 + 5x = 4800 – 40x
5x + 40x = 4800 – 300
45x = 4500
x = 100
Hence the equilibrium point is 100
Learn more about equilibrium point here : brainly.com/question/1915798
#SPJ9
Answer:
We have the equation
![c_1\left[\begin{array}{c}0\\0\\0\\1\end{array}\right] +c_2\left[\begin{array}{c}0\\0\\3\\1\end{array}\right] +c_3\left[\begin{array}{c}0\\4\\3\\1\end{array}\right] +c_4\left[\begin{array}{c}8\\4\\3\\1\end{array}\right] =\left[\begin{array}{c}0\\0\\0\\0\end{array}\right]](https://tex.z-dn.net/?f=c_1%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D0%5C%5C0%5C%5C0%5C%5C1%5Cend%7Barray%7D%5Cright%5D%20%2Bc_2%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D0%5C%5C0%5C%5C3%5C%5C1%5Cend%7Barray%7D%5Cright%5D%20%2Bc_3%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D0%5C%5C4%5C%5C3%5C%5C1%5Cend%7Barray%7D%5Cright%5D%20%2Bc_4%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D8%5C%5C4%5C%5C3%5C%5C1%5Cend%7Barray%7D%5Cright%5D%20%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D0%5C%5C0%5C%5C0%5C%5C0%5Cend%7Barray%7D%5Cright%5D)
Then, the augmented matrix of the system is
![\left[\begin{array}{cccc}0&0&0&8\\0&0&4&4\\0&3&3&3\\1&1&1&1\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D0%260%260%268%5C%5C0%260%264%264%5C%5C0%263%263%263%5C%5C1%261%261%261%5Cend%7Barray%7D%5Cright%5D)
We exchange rows 1 and 4 and rows 2 and 3 and obtain the matrix:
![\left[\begin{array}{cccc}1&1&1&1\\0&3&3&3\\0&0&4&4\\0&0&0&8\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D1%261%261%261%5C%5C0%263%263%263%5C%5C0%260%264%264%5C%5C0%260%260%268%5Cend%7Barray%7D%5Cright%5D)
This matrix is in echelon form. Then, now we apply backward substitution:
1.
2.
3.
4.
Then the system has unique solution that is 
and this imply that the vectors 
are linear independent.
That number is closer to 700,000 than 185,505 for example, because it is a bigger number. Hope that makes sense.
(4 - X)
