Answer:
When the price of a good that complements a good decrease, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded that good increases, but the demand for the good that it is being substituted for decreases.
8 - 5p = 2 - 3p
Move the terms
= -5p + 3p = 2-8
Collect like terms (calculate)
= -2p = -6
Divide both sides
p = 3 (Final Answer)
Answer:
x = 21/2
y = -19/2
Step-by-step explanation:
5x - 17 = 4y + 7x
5x - 7x - 4y = 17
-2x - 4y = 17
6x + 8y = - 13
-2x - 4y = 17 | ×2 |
6x + 8y = - 13 | ×1 |
-4x - 8y = 34
6x + 8y = - 13
___________+
2x = 21
x = 21/2
-2x - 4y = 17
-2(21/2) - 4y = 17
-21 - 4y = 17
-4y = 17 + 21
-4y = 38
y = -38/4
y = -19/2
108 - 76 = 32
so your answer is, it's worth $32
3*P + (1/6%* 3p)=
Thats the formula
basically its: 3 * p + 1/6 of 3p
