The equilibrium referred to here is the dynamic equilibrium. It means that there is a change happening, but the opposite change are equal so they cancel out. So, we can determine the equilibrium price at the point where the demand and supply curve intersect. That would be at the quantity of 60 units. Therefore, the equilibrium price is $10.
Current price : 600
Price 10 years from today :
P (10)=600×(1.037)^(10)=862.86
Answer:
x=45
Step-by-step explanation:
Answer:
Sales = n 
($x + $y)
Step-by-step explanation:
The basic simple sales equation is
Quantity Price = Sales
Here in the given question,
Total quantity of sales = n
Price = Cost + markup
(Markup refers to the profit added to cost)
Thus price = $x (cost) + $y (markup)
Sales = n ($x + $y)
Sales amount is the total amount received from sales of products, total quantity at some price provided.
Answer:
20 apples
Step-by-step explanation:
First, there are 320 apples that need to be split up between the siblings. We are first working with percentages. The total amount will be 100 percent. James has 45% and his brother has 30%. 45% + 30% is 75%. We subtract that from 100% and get 25%. That means that Eden gets 25% of 320 apple's. That's 320 * .25 or 320 / 4. That is 80 apples for Eden. If she gives 75% of her 80 apples, that means she gives 60 apples away. 80*.75 = 60. Eden would then only have 20 apples left. 80-60=20.
