ILL MARK U BRAINLIEST
2 answers:
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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:
1.9°C
Step-by-step explanation:
Let X be the temperature at noon and -2.5°C be the current temperature after the drop.
-We calculate temperature at noon as:
Hence, the temperature at noon was 1.9°C