She'll need to use 14 , 1/4 cups to make 3 1/2 cups
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)
Answer: That makes no sense. Maybe did your copy and paste corrupt? Or mistyped the question? Get back to me and I’ll help!!
Step-by-step explanation:
The Guests are the independent variable(x) and the Pizzas are the dependent variable(y). The slope indicates that for every 5 guests that comes in that 2 pizzas are purchased. The scatter plot shows a postitve correlation as indicated by the upward trending line.