Answer:
$1,050*125x=P(x). I just need more characters.
1,3 is correct can i be brainliest
The answer is D since is the only one that has the correct y intercept
Answer:
Step-by-step explanation:
The demand function is expressed as
D(p )=1150-50p
The supply function is expressed as S(p)=−200 + 40p
Where
p represents the price
A) The equilibrium price is the price at which the quantity supplied and the quantity demanded would be equal. Therefore
1150 - 50p = - 200 + 40p
40p + 50p = 1150 + 200
90p = 1350
p = 1350/90
p = 15
The equilibrium price is $15
b) For quantity demanded to be greater than quantity supplied, the price would be
1150 - 50p > - 200 + 40p
40p + 50p > 1150 + 200
90p > 1350
p > 1350/90
p > 15
The price would be greater than 15
c) if the quantity demanded is greater than the quantity supplied, the prices of the T shirt would increase.
