The equilibrium point for the pair of demand and supply function is 100
We have been two linear function, one is linear supply function and other is linear demand function.
In general , linear supply function is given as:
Qs = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
And linear demand function is given is :
Qd = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
According to the question,
Linear supply function is q = 300 + 5x
And linear demand function is q = 4800 – 40x
To find the equilibrium point we will put two quantities equal, that is,
Qs = Qd
300 + 5x = 4800 – 40x
5x + 40x = 4800 – 300
45x = 4500
x = 100
Hence the equilibrium point is 100
Learn more about equilibrium point here : brainly.com/question/1915798
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Answer:
ok so I dont have the answer but I suggest if u can u do the tutor they help a lot u can only ask 1 question per session but trust me it's helpful
they also say the answer at the end
so first they explain how to get the answer like they do the math
Area of the sign ( trapezoid ) :
A = ( a + b ) / 2 · h
where: a = 8, b = 5, h = 5
A = ( 8 + 6 ) / 2 · 5 =
= 14/2 · 5 = 7 · 5 = 35 ft²
Answer:
B ) 35 square feet
Answer:
5.1 cm
. . . . . .
All we have to do is convert our 51mm to centimeters.
We divide the length value by 10 to get our centimeters.
51 divided by 10 = 5.1
All we have to do is move our "invisible decimal"
In my way, every whole number has an invisible decimal at it's end.
For ex: '60.'
We can get into exponents. 10 is 10¹, any exponent is the number of zeros at the end of a number may have. Ex: '10² = 100'
We can move our decimal to the left since we are dividing. The amount of exponent numbers are the amount you move it, multiplying and dividing are different things with that.
Let's get back on topic.
Moving our decimal to the left with dividing is 5.1 since 10¹ has a "1" as it's exponent, making us move it "1" to the left.
Multiplying is going the right way.
I hope this helps.
