Answer:
The equilibrium quanity and equilibrium price is 3 Thousand units and 32 dollars respectively.
Step-by-step explanation:
Market equilibrium occurs in those markets in which the quantity demanded by consumers equals the quantity supplied by firms. In this state, the equilibrium point has its corresponding equilibrium quantity and price. That is, the equilibrium point is that point where, for a given price, the quantity supplied is equal to the quantity demanded.
The supply and demand curves represent the quantities that consumers are willing to buy and producers are willing to sell at that price respectively.
Being:
- demand equation: 6x+p-50=0 ⇒ 6x= 50 - p ⇒
- the supply equation 6x-p+14=0 ⇒ 6x= p - 14 ⇒
Since when the market reaches equilibrium, the quantity demanded equals the quantity supplied and x representing the quantity demanded in units of thousand, then:

Solving, you get:

50 - p= p -14
50 - p +14 = p
50 +14= p + p
64= 2*p

P=32 dollars
This value is the equilibrium price. Replacing this value in the demand and supply equation, the equilibrium quantity is obtained, which should be the same for both cases:
- demand equation:
⇒ x= 3 Thousand units
- the supply equation
⇒ x=3 Thousand units
So, <u><em>the equilibrium quanity and equilibrium price is 3 Thousand units and 32 dollars respectively.</em></u>
In its graphical representation, the equilibrium point can be seen as that point where the supply and demand curves intersect. You can see this in the attached image, where the blue line represents the supply and the red line the demand.
Step-by-step explanation:
bro can you tell me in simplest format for the ans
First one = 9x3=27
Second one 12x9=108
3rd one = 3x4=12
Idk what that last one is
Angles at right-angle add up to 90 degrees
The measure of acute angle Tryon Street forms with Barton Road is <em>33 degrees</em>
The angle is given as:
---- <em>Angle formed by Tryon Street with Olive Tree Lane. </em>
The measure of the acute angle formed by Tryon Street with Barton Road (B) is calculated using:
---- angle at right-angle
Make B the subject

Substitute 57 for A


Hence, the measure of acute angle is 33 degrees
Read more about acute angles at:
brainly.com/question/10334248
Answer:
Tina is first
Tony is first
Theo is first
Step-by-step explanation:
Events with greater probability are more likely.
Let's put the probabilities in decimal form.
P(Tina is first) = 0.05
P(Theo is first) = %85 = 0.85
P(Tony is first) = 1/10 = 0.1
0.05 < 0.1 < 0.85
The events are listed below from least to most likely.
Tina is first, Tony is first, Theo is first
hope it helps