1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Helga [31]
3 years ago
8

Suppose that the quantity supplied S and quantity demanded D of​ T-shirts at a concert are given by the following functions wher

e p is the price.
S(p)=−200+40p
D (p )=1150-50 p.
a. Find the equilibrium price for the​ T-shirts at this concert. The equilibrium price is
b. Determine the prices for which quantity demanded is greater than quantity supplied.
c. What will eventually happen to the price of the​ T-shirts if the quantity demanded is greater than the quantity​ supplied?
Mathematics
1 answer:
harkovskaia [24]3 years ago
7 0

Answer:

Step-by-step explanation:

The demand function is expressed as

D(p )=1150-50p

The supply function is expressed as S(p)=−200 + 40p

Where

p represents the price

A) The equilibrium price is the price at which the quantity supplied and the quantity demanded would be equal. Therefore

1150 - 50p = - 200 + 40p

40p + 50p = 1150 + 200

90p = 1350

p = 1350/90

p = 15

The equilibrium price is $15

b) For quantity demanded to be greater than quantity supplied, the price would be

1150 - 50p > - 200 + 40p

40p + 50p > 1150 + 200

90p > 1350

p > 1350/90

p > 15

The price would be greater than 15

c) if the quantity demanded is greater than the quantity​ supplied, the prices of the T shirt would increase.

You might be interested in
Find the measure of the exterior angle
EastWind [94]

Answer:

A exterior angle of a polygon is an angle outside the polygon formed by one of its sides and the extension of an adjacent side.

8 0
3 years ago
What times what equals 59
sweet-ann [11.9K]

59 is a "prime number".  It has no factors except ' 1 ' and itself.

So the only possibility is  1 x 59 .

5 0
3 years ago
Za and Zb are complementary angles. Za measures 78º.<br> What is the measure of Zb?
meriva

Answer:‍♀️

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Do alto de um farol cuja altura é de 20 m avista se um navio sob ângulo de depressão de 30°. A que distância , aproximadamente,
Mkey [24]
Esta é a trigonometria . Se você desenhar uma linha a partir do topo da casa de luz para o barco, você terá a hypotonuse de um triângulo. Um truque é lembrar que este é um triângulo especial. É um triângulo 30-60-90 , que tem propriedades especiais mostradas na fixação abaixo . por isso sabemos que o lado adjacente que não é o hyposonuse é x√3 . Agora sabemos que x<span>√3 = 20
Solve for x.
x</span><span>√3=20
divide both sides by </span><span>√3.
x=20/(</span><span><span>√3)
</span>Try not to have square roots (</span><span><span>√)</span> in denomenator so multiply top and bottom by </span><span>√3 and get
x=(20</span><span>√3)/3
x is what we are looking for so the answer is </span>
20<span>√3 m </span><span>ou cerca de 34.64 m</span>










7 0
3 years ago
What is the rational number equivalent to 3.12 repeating? 3 4/33, 3 8/33 ,3 10/33 ,3 5/33?
Schach [20]
3.12 = 3 4/33 (<span>3.12 repeating)</span>
hope it helps
5 0
3 years ago
Other questions:
  • Which of the following are solutions to the inequality -7x+14&gt;-3x-6 ? Select all that apply
    14·1 answer
  • The original price af a shirt is $120, the percent of decimal is %80 what is that sale price?
    9·1 answer
  • If the diagonal path is 750 feet long and the width of the park is 450 feet, what is the length, in the feet, of the park?
    6·1 answer
  • photographic reprints cost 0.52 each at a local photo shop, or 0.4r each plus 1.15 postage and handling, through the mail. how m
    12·1 answer
  • What are the roots of the function y = 4x2 + 2x - 30?
    13·1 answer
  • What angle is an x–intercept for the function y= cos(.5x)
    5·1 answer
  • Two distinct planes __________ intersect in a pair of lines
    8·1 answer
  • Jack has a Rock. The Rock has a mass of 6g and a volume of 3ml. what is the density of The Rock?
    13·1 answer
  • Write an expression that is equivalent to 3(7 + 2).​
    9·1 answer
  • Given<br>that A -<br>8<br>2.<br>find<br>2<br>4 나​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!