Direct variation is
y=kx
subsitute
-6=-36k
diivde both sdies by -36
1/6=k
the equation is
y=1/6x or B
The equilibrium price is $12.
<h3>What is the
equilibrium price ?</h3>
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. The price at equilibrium is known as the equilibrium price and the quantity at equilibrium is known as the equilibrium quantity.
When shown on a graph, equilibrium is the point where the quantity demanded curve is equal to the quantity supplied curve.
When there is equilibrium, the equation of quantity demanded would be equal to the equation of quantity supplied.
-280 + 40p = 800 - 50p
In order to determine the value of p, take the following steps:
Combine similar terms: 800 + 280 = 40p + 50p
Add similar terms = 1080 = 90p
Divide both sides of the equation by 90 : 1080 / 90 = 12
To learn more about equilibrium, please check: brainly.com/question/26075805
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Answer:
Step-by-step explanation:
first, we find the slope
slope = (y2 - y1) / (x2 - x1)
(-3,7)....x1 = -3 and y1 = 7
(9,-1)...x2 = 9 and y2 = -1
now we sub
slope(m) = (-1 - 7) / (9 - (-3) = -8 / (9 + 3) = -8 / 12 reduces to - 2/3
y = mx + b
slope(m) = -2/3
use either of ur points...I will use (-3,7)...x = -3 and y = 7
now we sub and find b, the y intercept
7 = -2/3(-3) + b
7 = 2 + b
7 - 2 = b
5 = b
so ur equation is : y = -2/3x + 5 <===
To solve this, first we calculate all the total cost of
the items that is:
total cost = $14.96 + $19.87 + $5.37
total cost = $40.20
So we see that the actual cost is similar with the
estimate so his calculation is reasonable.
