Answer:
A graph has quantity on the x-axis and price on the y-axis. A supply line goes through (10, 25), (20, 30), (30, 35), (40, 40).A graph has quantity on the x-axis and price on the y-axis. A demand line goes through (10, 40), (20, 30), (30, 20), (40, 10). Based on the supply graph and the demand graph shown above, what is the price at the point of equilibrium? a. 20 b. 30 c. 40 d. There is not enough information given to determine the point of equilibrium. Please select the best answer from the choices provided A B C D
Answer:
(4,-3)
Step-by-step explanation:
Easiest way to do this without any advanced methods is to use the answer choices to your advantage.
For a.) we have (1,1) meaning x = 1 and y = 1 if we get a 7 for the first equation and a -2 for the second equation then that is the correct answer.
Let x=1, y =1:
4(1)+3(1)=4+3=7 Correct so far.
1+2(1)=1+2=3 Incorrect since we should have got a -2 if this was the solution
Let (0,-1) x = 0, y = -1:
4(0) + 3(-1) = 0 -3 = - 3 Incorrect so we can stop there next answer choice.
Let (4,-3) x = 4 y = -3:
4(4)+3(-3)=16-9=7 Correct so far.
4+2(-3)=4-6=-2 Both are correct!
Therefore the solution (where the lines intersect) is (4,-3).
Answer:
Step-by-step explanation:
3+6+x+4+3=94
16+x=94
x=78
The mode is 4
Rearrange the equation to standard form of a quadratic equation (ax^2+bx+c=0) by switching sides: 5x^2+2x-12=0. Now, use the quadratic equation formula to solve. You should come out with x_1=sqrt61-1/5 and x_2=-1+sqrt61/5. Thus, your answer is B, or two solutions.
