Answer:
The equilibrium quantity is 26.4
Step-by-step explanation:
Given


Required
Determine the equilibrium quantity
First, we need to determine the equilibrium by equating Qd to Qs
i.e.

This gives:

Collect Like Terms


Solve for P


This is the equilibrium price.
Substitute 2.4 for P in any of the quantity functions to give the equilibrium quantity:



<em>Hence, the equilibrium quantity is 26.4</em>
Answer:
........
Step-by-step explanation:
.......................
X+8 because ur adding 8 to a number (x)
5x =61-6
5x= 55
X = 55/5
X = 11
Answer:
1)=38 /// 2)=116 /// 3)=102 /// 4)=41
Step-by-step explanation: