If the supply function for a commodity is p=q^2+5q+16 and the demand function is p=-2q^2+6q+436, find the equilibrium quantity a
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Answer:
Oblique downward straight line expression:
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Straight line expression:
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Answer:
Step-by-step explanation:
hi! the log properties say that when logs are multiplied as log(xy), they can be expanded and added like log(x)+log(y). when logs are divided like log(x/y), they can be expanded as log(x)-log(y). when the log has an exponent like log(x^y), the exponent can be added to the front of the log like ylog(x). we can use these properties for this problem.
ln(x^3)+ln(y^2)-ln((x+1)^4)
ln(x^3*y^2)-ln((x+1)^4)