the equilibrium point, is when Demand = Supply, namely, when the amount of "Q"uantity demanded by customers is the same as the Quantity supplied by vendors.
That occurs when both of these equations are equal to each other.
let's do away with the denominators, by multiplying both sides by the LCD of all fractions, in this case, 12.
![\bf \stackrel{\textit{Supply}}{-\cfrac{3}{4}Q+35}~~=~~\stackrel{\textit{Demand}}{\cfrac{2}{3}Q+1}\implies \stackrel{\textit{multiplying by 12}}{12\left( -\cfrac{3}{4}Q+35 \right)=12\left( \cfrac{2}{3}Q+1 \right)} \\\\\\ -9Q+420=8Q+12\implies 408=17Q\implies \cfrac{408}{17}=Q\implies \boxed{24=Q} \\\\\\ \stackrel{\textit{using the found Q in the Demand equation}}{P=\cfrac{2}{3}(24)+1}\implies P=16+1\implies \boxed{P=17} \\\\[-0.35em] \rule{34em}{0.25pt}\\\\ ~\hfill \stackrel{Equilibrium}{(24,17)}~\hfill](https://tex.z-dn.net/?f=%5Cbf%20%5Cstackrel%7B%5Ctextit%7BSupply%7D%7D%7B-%5Ccfrac%7B3%7D%7B4%7DQ%2B35%7D~~%3D~~%5Cstackrel%7B%5Ctextit%7BDemand%7D%7D%7B%5Ccfrac%7B2%7D%7B3%7DQ%2B1%7D%5Cimplies%20%5Cstackrel%7B%5Ctextit%7Bmultiplying%20by%2012%7D%7D%7B12%5Cleft%28%20-%5Ccfrac%7B3%7D%7B4%7DQ%2B35%20%5Cright%29%3D12%5Cleft%28%20%5Ccfrac%7B2%7D%7B3%7DQ%2B1%20%5Cright%29%7D%20%5C%5C%5C%5C%5C%5C%20-9Q%2B420%3D8Q%2B12%5Cimplies%20408%3D17Q%5Cimplies%20%5Ccfrac%7B408%7D%7B17%7D%3DQ%5Cimplies%20%5Cboxed%7B24%3DQ%7D%20%5C%5C%5C%5C%5C%5C%20%5Cstackrel%7B%5Ctextit%7Busing%20the%20found%20Q%20in%20the%20Demand%20equation%7D%7D%7BP%3D%5Ccfrac%7B2%7D%7B3%7D%2824%29%2B1%7D%5Cimplies%20P%3D16%2B1%5Cimplies%20%5Cboxed%7BP%3D17%7D%20%5C%5C%5C%5C%5B-0.35em%5D%20%5Crule%7B34em%7D%7B0.25pt%7D%5C%5C%5C%5C%20~%5Chfill%20%5Cstackrel%7BEquilibrium%7D%7B%2824%2C17%29%7D~%5Chfill)
Solution:
Given expression:
<u>Expansion of PEDMAS:
</u>
Parenthesis, Exponents, Division, Multiplication, Addition, Subtraction.
To solve the given expression using pedmas rule.
First solve the expression with parenthesis.
Next do the exponents.
Finally do the addition.
Hence the answer is 80.
Answer:
To know how much he bought it for, let's consider the actual amount it be x.
Step-by-step explanation:
10% of x + $585 = x
x/10 + $585 = x
$585 = x-x/10
$585= 9x/10
9x=$5850
x=$5850/9
x=$650
.: the actual price was $650.
The answer for your question is A.
-12<x<4
Answer:
A. 67
Step-by-step explanation:
3+2(2)^3
The first thing you would do is distribute the 2 and you would get
3+(4)^3
The next thing you would do is the exponent
3+(4*4*4) = 3+64
Then you would just add 3
64+3= 67
So the answer is A. 67.
