Answer:
Step-by-step explanation:
ok the first box is linear
the 2nd isnt
the 3rd isnt either
the fourth is
not sure about 5th but im sure it isnt
Answer:
75%
Step-by-step explanation:
For this case, the first thing we will do is name variables:
a: percentage from ticket sales
b: ticket sales
We have then:
a = 75%
b = (0.75) * (3200) = $ 2400
Answer:
a = 75%
b = (0.75) * (3200) = $ 2400
The amount of ticket sales is $ 2400.
The slope would have to be -3
Answer:
The equilibrium quantity is 26.4
Step-by-step explanation:
Given


Required
Determine the equilibrium quantity
First, we need to determine the equilibrium by equating Qd to Qs
i.e.

This gives:

Collect Like Terms


Solve for P


This is the equilibrium price.
Substitute 2.4 for P in any of the quantity functions to give the equilibrium quantity:



<em>Hence, the equilibrium quantity is 26.4</em>