Answer:
$5
Step-by-step explanation:
Let the cost of one burger be $b while the cost of one small fries be s
2 burgers and 2 small fries cost $14
This means that;
2b + 2s = 14
divide both sides by 2
b + s = 7 •••••••• (i)
Three burgers and four small fries cost $23
Mathematically;
3b + 4s = 23 •••••••• (ii)
From i , we can see that s = 7- b
we can now substitute this into equation ii
3b + 4(7-b) = 23
3b + 28 -4b = 23
4b -3b = 28 -23
b = $5
one burger costs $5
Answer:
Step-by-step explanation:
R(2,3) T(-3,-2) S(2,-2) here are your points.
Answer: At $21.85, the supply will equal to demand.
Step-by-step explanation:
Since we have given that
Demand function is given by

Supply function is given by

According to question, we need to find the price for which the supply equals the demand, i.e. Equilibrium price and quantity.

So, at $21.85, the supply will equal to demand.