the equilibrium point, is when Demand = Supply, namely, when the amount of "Q"uantity demanded by customers is the same as the Quantity supplied by vendors.
That occurs when both of these equations are equal to each other.
let's do away with the denominators, by multiplying both sides by the LCD of all fractions, in this case, 12.
Amount of money Aisha receive from selling all of the bracelets is $33.25.
<u>Step-by-step explanation:</u>
In this question, its given that Aisha made bracelets for a craft fair. She spent $29.75 on supplies to make the bracelets. Each bracelet cost her about $0.85 to make. Aisha sells each bracelet for $0.10 more than it cost her to make. Let's calculate Number of bracelets Aisha made as .
Number =
⇒ Number =
⇒ Number =
⇒ Number =
Now , its given that Aisha sell these bracelets with $0.10 more then it cost her i.e. at $0.95 , Let's calculate selling price as :
Price =
Price = $33.25
Therefore, amount of money Aisha receive from selling all of the bracelets is $33.25.
Answer:
This is the answer of your question.
