If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
Answer: lppkoijhuytfrdeswasdxcvbn
Step-by-step explanation:
Answer:
a. $45 an hour
b. 5.25 hours
Step-by-step explanation:
a. The plumber charges $75 per job, so it is irrelevant to the number of hours they work. 45(h) is $45 multiplied by the number of hours they work.
b.
First, plug the numbers into the equation, the cost being C(h):
311.25 = 45(h) + 75
Next, subtract $75 as it is a set price that is always payed:
236.25 = 45(h)
Then, divide both sides by 45 to find how many hours were worked:
h = 5.25
Hours = $5.25
Step-by-step explanation:
the quotient of a number and 3 is 6
Solution,
Let the number be x, then
