Answer:
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Answer:
p = 26 ; q = 60
Step-by-step explanation:
Given the demand and supply functions :
Supply function:
4p - q = 44
Demand function :
(p + 2)q = 1680 - - - - (1)
p = price ; q = quantity
Expressing supply function interms of q
4p - 44 = q - - - - - (2)
Plug 4p - 44 = q into (1)
(p + 2) (4p - 44) = 1680
4p²- 44p + 8p - 88 = 1680
4p² - 36p - 1768 = 0
p² - 9p - 442p = 0
p(p - 26) + 17(p-26) = 0
(p + 17) = 0 ; (p - 26) =0
p = - 17 or p = 26
Price of commodity can't be negative, Hence, p = 26
From q = 4p - 44
Put p = 26
q = 4(26) - 44
q = 104 - 44
q = 60
p = 26 ; q = 60
Answer:
Only one solution
Step-by-step explanation:
p=12
Solution below:
subtract p on both sides
9=p-3
add 3 on both sides
p=12
Answer:
A- 75,000+4,800n=80,000+3,900n
Step-by-step explanation:
There are 10 millimeters in 1 centimeter. one millimeter is one-tenth of a centimeter.