Answer:
How do you find the equilibrium price with a supply and demand function?
To determine the equilibrium price, do the following.
Set quantity demanded equal to quantity supplied:
Add 50P to both sides of the equation. You get.
Add 100 to both sides of the equation. You get.
Divide both sides of the equation by 200. You get P equals $2.00 per box. This is the equilibrium price.
Total equity is equal to assets - liabilities.
Therefore,
8000 - 1000 = 7000
The owner's equity is $7,000.
B
Step-by-step explanation: