Answer:

Step-by-step explanation:
Given


Required
Determine the equilibrium price
This is determined when Demand = Supply
So:

Collect Like Terms


Solve for x


<em>Hence; The equilibrium price is when x = 52.00</em>
Answer:
<h2><em><u>
The volume is 2.</u></em></h2>
This is because when you multiply the fraction what you get is 60/30. This is equal to the number of 2. So the volume is 2.
5/3 * 3/2 * 4/5
= 5*3*4 = 15*4 = 60
= 3*2*5 = 6*5 = 30
<h2><em><u>
= 60/30</u></em></h2><h2><em><u>
= 2</u></em></h2>
Comment
There are 12 months in a year. He plans on visiting 8 times each month.
Step One
Find the number of visits per year.
<em>Givens</em>
Number of visits per month = 8
Number of months per year = 12
Visits = # visits / month * number of months
Visitis = 8 * 12
Visits = 96 visits in total.
Step Two
<em>Calculate the cost / visit</em>
Total Cost = 414 visits.
Total Visits = 96
Cost / Visit = Total Cost / Total visits.
Cost / Visit = 414 / 96
Cost / Visit = 4.31 roughly.
Step :
5 x (-4) - 1 x 13 -20 - 13 -33
--------------------- = ---------- = -----
2 x 5 + 1 11 11
Ans ; -33/11