I know this doesn't really help but... Good luck on the test!! And also I'm pretty sure they have youtube vids on how to do this stuff. Well, anyway bye!!! Good luck!!!
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)
B is your y intercept on the graph.
Answer:
In the Pythagorean theorem the two shortest sides must always be substituted for the side legs, not the hypotenuse
Step-by-step explanation:
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