If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
Answer:
-1
Step-by-step explanation:
1x= -1
x= -1
Answer:
Monthly interest rate is r=0,004375
Monthly principal c=590,625
Step-by-step explanation:
Monthly interest payment rate :

Now, we need to find monthly principal payment : 
Use this rule : 
P=108000
r=0,004375

I pretty sure this one is b