Its b because yeah im just kidding idk im really stupid jk its b hahaha
Answer:
It falls to the left and falls to the right. You can use Geogebra. There you just type the formula and it makes graph from which you can see the directions
Answer:
Imma answer this because I don’t want this to get deleted for not bein answered and there free point who wouldn’t want them, lol :)
Step-by-step explanation:
Answer:
Equilibrium price P = 200 dollars
equilibrium demand of million e-readers per yer = 2.6 mi/yr
Step-by-step explanation:
Given that;
q = 720/p - 1 million units per year { 60 ≤ p ≤ 400 }
supply q = 0.018p − 1 million units per year (60 ≤ p ≤ 400)
we substitute
720/p - 1 = 0.018p − 1
720/p = 0.018p
720 = 0.018p^2
p^2 = 720/0.018 = 40000
p = sqrt(40000)
p = 200
substitute value of p
q = 0.018(200) − 1
q = 3.6 - 1 = 2.6
Therefore Equilibrium price P = 200 dollars
equilibrium demand of million e-readers per yer = 2.6 mi/yr
