Core: 0 of 1 pt
1 answer:
Answer:
145.39
Step-by-step explanation:
The ratio of supply to demand will be 1 at the equilibrium price:
S(p)/D(p) = 1 = 140e^(0.005p)/(448e^(-0.003p))
448/140 = e^(0.005p -(-0.003p)) = e^(0.008p)
ln(448/140) = 0.008p . . . . . . . . . taking the natural log
p = ln(448/140)/0.008 ≈ 145.39
The equilibrium price is about $145.39.
You might be interested in
Answer: No, she does not have enough.
Step-by-step explanation:
1. You have the following information given in the problem above:
- The measures of the three pieces are: 32 centimeters, 41.19 centimeters and 57.8 centimeters long.
- She need 200 centimeters of ribbon for the box.
2. Therefore, you must add the measures given in the problem to know if Marie has enough ribbon to decorate the gift box. Then:
3. As you can see:
130.99 cm<200 cm
Therefore, she does not have enough ribbon.