The equilibrium point for the pair of demand and supply function is 100
We have been two linear function, one is linear supply function and other is linear demand function.
In general , linear supply function is given as:
Qs = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
And linear demand function is given is :
Qd = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
According to the question,
Linear supply function is q = 300 + 5x
And linear demand function is q = 4800 – 40x
To find the equilibrium point we will put two quantities equal, that is,
Qs = Qd
300 + 5x = 4800 – 40x
5x + 40x = 4800 – 300
45x = 4500
x = 100
Hence the equilibrium point is 100
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Answer:
Step-by-step explanation:
The population in 2003= 47000
Since the population increase by 1200 every year,
in 2004 the population will be 47000+1200
in 2005 the population will be 47000+(1200+1200) which is the same as
47000+2(1200) where 2 is 2 years after 2003,
Therefore the population x years after 2003 is 47000+x(1200).
P= 47000+1200x
b) The population at 2009 which is 6 years after 2003 will be
47000+(1200)*6=47000+7200= 54200
The population at 2009 is 54200,
The answer is -2x^3+10x^2
Answer:
2y-8
-Step-by-step explanation:
2y +4y = 2y
so
2y - 8
point R ((:
reason being (-5,-6) over the y axis is (5, -6)