Answer:
7 and 6 respectively
Step-by-step explanation:
Firstly, we have to solve the equations simultaneously.
2x + 7p = 56
3x - 11p = -45
Multiply equation I by 3 and ii by 2
6x +21p = 168
6x - 22p = -90
Subtract the second from first to yield:
43p = 258
p = 6
Insert this in equation 1 where we have 2x + 7p = 56
2x + 7(6) =56
2x + 42 = 56
2x = 14 and x = 7
The equilibrium price is 6 and the equilibrium quantity is 7
Answer:
y = 1/2
Step-by-step explanation:
<u>Step 1: Solve for y</u>
2y + 3 = 4y + 2
2y + 3 - 2 - 2y = 4y + 2 - 2 - 2y
1 / 2 = 2y / 2
1/2 = y
Answer: y = 1/2
it can not be a function because functions only have ONE input to each output
<em>1. </em>for (0,0) that would be at the very bottom at 0 is where you're point will be.
on (1,4) go over to the right to 1 nd then go up right below 5 and make a point.
for (2,8) go to the right to 2 and then move up to 8 and make a point.
for (3,12) go to the right 3 and then go up to 12 and make a point.
<em>2. </em>It makes a line.
<em>3. </em>(1,5) (2,10) (3,15) (4,20)
chart on left is right but put parenthesis on both side like that ^
<em>4. </em>For Kens go to the right to 1 and go up to 5 and put a point. then go to 2 to the right and 10 up make point. then go 3 to right and 15 up and make a point. then go 4 to right and up 20 and make a point. Do same with other chart.
