Answer:
=4x4−2x2−3x+8
Step-by-step explanation:
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:
an = (1 + 2·(n - 1))/2^(n - 1) = 2^(1 - n)·(2·n - 1)
sn = 6 - 2·0.5^n·(2·n + 3)