First find the derivative,
.
Then find the critical point,
.
Hope this helps.
I am a little rusty here :(.
Answer:
Please see attached images for solution.
Step-by-step explanation:
The equilibrium price in a market is the price where the quantity demanded of the products are equal
The equilibrium price in the market is $2
<h3>How to determine the
equilibrium price </h3>
From the given supply and demand data for wheat:
When the price is $2, the quantity demanded and the quantity supplied for wheat is 61
This means that the equilibrium price $2
Hence, the equilibrium price in the market is $2
Read more about equilibrium price at:
brainly.com/question/13925210
17, because you divide 22 in half and add 6 because there are half as many mollies and there are 6 more guppies then goldfish.
