Answer:
Equilibrium quantity = 26.92
Equilibrium price is $31.13
Step-by-step explanation:
Given :Demand function : 
Supply function : 
To Find : find the equilibrium quantity and equilibrium price.
Solution:
Demand function : --A
Supply function : 
---B
Now to find the equilibrium quantity and equilibrium price.
Solve A and B
Subtract B from A
So, equilibrium quantity = 26.92
Substitute the value of q in A
So, equilibrium price is $31.13
Answer:
You can't factor x or any number other than 1 out.
Step-by-step explanation:
Answer:
D
Step-by-step explanation:
Since BD and AE are parallel lines, then
∠BDC = ∠AED ( corresponding angles ), thus
4x - 5 = 97 - 2x ( add 2x to both sides )
6x - 5 = 97 ( add 5 to both sides )
6x = 102 ( divide both sides by 6 )
x = 17, hence
∠AED = 97 - 2x = 97 - (2 × 17) = 97 - 34 = 63°
∠BDE and ∠AED are same side interior angles and are supplementary, thus
10y - 3 + 63 = 180
10y + 60 = 180 ( subtract 60 from both sides )
10y = 120 ( divide both sides by 10 )
y = 12 → D
Answer:
No, equivalent quarterly rate will be approx 1.75%
Step-by-step explanation:
Given that Chan deposited money into his retirement account that is compounded annually at an interest rate of 7%.
We know that there are 4 quarters in 1 year.
So to find that equivalent quarterly we will divide given yearly rate by number of quarters.
That means divide 7% by 4.
which gives 1.75%.
But that is different than Chan's though of 2% quarterly interest.
Hence Chan is wrong.
Answer:
x=4 and y=11
Step-by-step explanation:
x+y=15
5x-y=9
x+5x-y+y=15+9
6x=24
X=4
x+y=15
4+y=15
y=11
