Answer:
7 and 6 respectively
Step-by-step explanation:
Firstly, we have to solve the equations simultaneously.
2x + 7p = 56
3x - 11p = -45
Multiply equation I by 3 and ii by 2
6x +21p = 168
6x - 22p = -90
Subtract the second from first to yield:
43p = 258
p = 6
Insert this in equation 1 where we have 2x + 7p = 56
2x + 7(6) =56
2x + 42 = 56
2x = 14 and x = 7
The equilibrium price is 6 and the equilibrium quantity is 7
The correct answer would be A.36.
Hope this helps;)
Answer:
The answer is the first option I hope it helps
Answer: 
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Explanation:
Point-slope form is

where m is the slope and
is the point the line goes through.
We're given the slope of m = 5/6, and we want the line going through (-8,0) which is the x-intercept -8. The x-intercept always occurs when y = 0.
So,

We can replace the y-0 with y; however, I'm going to keep that 0 so that the equation better matches the point-slope form.