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:
1
Step-by-step explanation:
Im sorry, it is too blurry. I cannot read it.
The probability of having a 17 is the number of ways of having 17 divided by the number of different possible outcomes.
Ways of having 17:
Die 1 Die 2 Die 3 sum
6 6 5 6+6+5 = 17
6 5 6 6+5+6 = 17
5 6 6 5+6+6 = 17
Those are the only 3 possibilities of having 17 (you can only loose 1 point).
The total number of outcomes are 6*6*6 = 216
So the chances (probability) to win is 3 / 216 = 1/72 = 0.0139
Answer:
- 16
Step-by-step explanation:
Evaluate f(2) by substituting x = 2 into f(x) , that is
f(2) = 3(2) - 3 = 6 - 3 = 3
Evaluate g(- 1) by substituting x = - 1 into g(x) , that is
g(- 1) = 8 - (- 1)² = 8 - 1 = 7
Thus
4f(2) - 4g(- 1)
= 4(3) - 4(7)
= 12 - 28
= - 16