Answer:
give a picture
Step-by-step explanation:
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:
C
Step-by-step explanation:
No doubt thats the correct answer guys, thank me later
Answer:
x = 80
Step-by-step explanation:
Combine − 3/5x and 7/20x to get -19/20x.
Then combine -19/20x and 1/4x and you get -7/10x.
Then you multiply both sides by -10/7 which is the reciprocal of -7/10.
Make -56(-10) one fraction.
Multiply -56 and -10 and you get 560.
Then divide 560 by 7 to get 80.
