Answer:
Equilibrium price P = 200 dollars
equilibrium demand of million e-readers per yer = 2.6 mi/yr
Step-by-step explanation:
Given that;
q = 720/p - 1 million units per year { 60 ≤ p ≤ 400 }
supply q = 0.018p − 1 million units per year (60 ≤ p ≤ 400)
we substitute
720/p - 1 = 0.018p − 1
720/p = 0.018p
720 = 0.018p^2
p^2 = 720/0.018 = 40000
p = sqrt(40000)
p = 200
substitute value of p
q = 0.018(200) − 1
q = 3.6 - 1 = 2.6
Therefore Equilibrium price P = 200 dollars
equilibrium demand of million e-readers per yer = 2.6 mi/yr
Answer:
if we are solving for x then it would be
x ≤ −
7.88235294
:)
Answer:
the third one
Step-by-step explanation:
<span>The word problem gives a rate of oil consumption at a rate of 25 gallons per 3 hours and 45 minutes. 3 hours and 45 minutes can be displayed as 3.75 hours. so you can say the generator consumes oil at a rate of 25 gallons per 3.75 hours. The following equation give you the oil consumption on a per hour basis; 25/3.75 and that gives you 6.67 gallons per hour. In 6 hours the generator will consume 40 gallons.</span>
