I used the quadratic formula and got x= 4, -6
Answer:
Depends
Step-by-step explanation:
It depends because I don't know if I'm strong on the material you're asking about.
If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
A non-terminating and no -repeating decimal