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:
56
Step-by-step explanation:
I'm not 100% sure, use my answer at your own risk
Add the following polynomials:
All polynomials are already ordered according to their degree (exponent), and therefore you can just add straight down in columns.
For x3: 2 + 1 - 3 = 0
For x2: -4 + 6 + 2 = 4
For x: 6 - 8 -4 = -6
Constants: -3 + 12 - 7 = 2
The answer is:
4x^2 - 6x + 2
Answer:
7×10³+3×10²+4×10¹+2×10 or 7.342×10³