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.
The thirty-second term is 143
Further explanation:
As it is already given that the given sequence is an arithmetic sequence
We have to find the common difference first
So,
The common difference is 5.
And first term is -12
The explicit formula for arithmetic sequence is:
Putting the values in the formula
Putting n=32 in explicit formula
The thirty-second term is 143
Keywords: Common difference, Arithmetic Sequence
Learn more about arithmetic sequence at:
#LearnwithBrainly
Amount Earned (E) = 8.25*Hours (H)
Since he wants to buy a game system you can also write this as an inequality, if the amount of the game system has any relevance in the problem.
8.25*H >= 206.25
Answer:
5A)36 5b)30(mark as brainliest)
Step-by-step explanation:
5a)6+6+6+6+12 = 36
5b)36-8=28
28+2 = 30
The shape that we have here is sued to show the infinite geometric progression.
<h3>What is geometric progression?</h3>
This is the sequence of numbers that has all the other values in the sequence gotten by the multiplication of a certain factor
In this question or the shape we can see that the triangle is made up of smaller other triangles embedded in it.
The area of the traingle that is in the red color is seen to have been made up of 1/3 of the total triangles that we have in the shape. This can be seen to be similar as the triangles that are represented by the green and the blue color.
Putting a lot of triangles inside one big triangle gives up a pictorial diagram on how to add infinite amount of things up.
Read more on triangles here:
brainly.com/question/17335144
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