The equilibruim point of a demand and supply function is the point at which the quantity demanded is equal to the quantity supplied.
Given the demand function as
and the supply function as
The equilibruim quantity is obtained as follows:
There is no real equilibruim quantity and price for the given demand and supply function.
Answer:
Step-by-step explanation:
we require 2 equations with the repeating digits placed after the decimal point.
let x = 0.888.. (1) ← multiply both sides by 10
10x = 8.888.. (2)
subtract (1) from (2) thus eliminating the repeating digits
9x = 8 ( divide both sides by 9 )
x =
D equals 4. Because 5D is like five times four.
I hope this helps you
2/3x+1/6x=9+1
4/6x+1/6x=10
5/6x=10
5/10=6x
x=1/12
The answer to the question