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Answer:
Equilibrium quantity = 26.92
Equilibrium price is $31.13
Step-by-step explanation:
Given :Demand function : 
Supply function : 
To Find : find the equilibrium quantity and equilibrium price.
Solution:
Demand function :
--A
Supply function :
---B
Now to find the equilibrium quantity and equilibrium price.
Solve A and B
Subtract B from A
So, equilibrium quantity = 26.92
Substitute the value of q in A
So, equilibrium price is $31.13
Answer:
B. 7.5 hours
Step-by-step explanation:
Assuming that both hoses fill at the same rate, then by simple proportion,
To raise the pool by 1 foot of water:
1 hose ---> takes 3 hours
2 hoses ----> fills twice as fast ---> will take half the time ---> 3/2 = 1.5 hrs
Hence with 2 hoses, it will take 1.5 hours to fill 1 foot of water.
to fill 5 feet of water, we will need 1.5 hours x 5 feet = 7.5 hours
There are 4 terms in the expression.
Terms are each of the entities.
4x, + 3y , -12x, +5