The equilibrium price is $12.
<h3>What is the
equilibrium price ?</h3>
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. The price at equilibrium is known as the equilibrium price and the quantity at equilibrium is known as the equilibrium quantity.
When shown on a graph, equilibrium is the point where the quantity demanded curve is equal to the quantity supplied curve.
When there is equilibrium, the equation of quantity demanded would be equal to the equation of quantity supplied.
-280 + 40p = 800 - 50p
In order to determine the value of p, take the following steps:
Combine similar terms: 800 + 280 = 40p + 50p
Add similar terms = 1080 = 90p
Divide both sides of the equation by 90 : 1080 / 90 = 12
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2 litres every 2.5 minutes is 4 litres every 5 minutes so therefore, it is 0.8 litres/minute (800ml per minutes)
Answer:
y = -1/3x + 1/3
Step-by-step explanation:
x+3y=2
3y = 2 - x
y = 2/3 - 1/3x
y = -1/3x +2/3
the slope is -1/3 and the equation that is parallel will have the same slope also
y = mx + b
y = -1/3x + b
0 = -1/3(1) + b
0 = -1/3 + b
1/3 = b
y = -1/3x + 1/3
Answer:
the answer which you have opted is perfect
Answer:
A. $46,650
Step-by-step explanation:
Taking the first number of $50,150, we have to subtract his expenses. After subtracting Leroy's expenses, we get $46,650.
50150
<u>- 3500</u>
46650
