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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<em>8cups- 5cups= 3cups - change</em>
<em>5- 100%</em>
<em>3-p</em>
cross multiply
5p=3x100
5p=300 divide both sides by 5
p=60
Answer: an increase of 60%
Answer:
40000
Step-by-step explanation:
Simple interest (I) is calculated as
I = 
P is the amount borrowed , R is the interest and T the time in years
Here I = 2000 , R = 5 and T = 1 with P to be found , then
2000 = 
( multiply both sides by 100 )
5P = 200000 ( divide both sides by 5 )
P = 40000
Answer:
A. 4 + 4.5 + 3.5 + 3m = 30
Explanation:
Josies's goal = 30 miles each week
She already ran 3 days of the week which leaves us 4 more days
7 - 3 = 4
She said she wanted to have a day off to rest
4 - 1 = 3
which brings us to 3 days left to finish her goal
3m (where 'm' is the miles she'll be running each day)
Answer:
39x
Step-by-step explanation:
28x + 11= 39x
I hope this helps
Have a great day!
