If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
Inverse operation is an operation that undoes what was done by the previous operation. Take this simple addition problem 5+2=7. If we want to reverse the addition, we just subtract 7-2=5 and we are back where we started. You do the same for multiplication and division.
Answer:
Step-by-step explanation:
Use the slope formula
(x2-x1)/(y2/y1)
substitute the values
(1-10)/(9-7)
solve
-9/-2
simplify
9/2 or 4.5
Answer:
Step-by-step explanation:
4/5 - 7/5
7-4/5
3/5
Or
4/5 - 7/5
4-7/5
-3/5
The area including cutout is 15*8=120
the area of cutout is 5*5=25
120-25=95 cm²