If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
Answer:
Look below
Step-by-step explanation:
Ok Just Plug it in
For the chart
1:8
2:9
3:10
4:11
And then graph on desmos
You should the answer
Sorry if I am wrong.
First multiply each term by 24(the common denominator found by 8×3) to remove the fractions and make things easier.

This will give you,

Then just continue to simplify and isolate the variable.



First we must change these numbers to improper fractions:


So then we set it up:
÷ 
When we divide fractions like this, we must flip the second fraction and change the sign from division to multiplication like so:

Then we solve:

Then if we divide the numerator and the denominator by 9, we get:
or, in mixed-number form,
.