Answer:
The equilibrium quantity is 26.4
Step-by-step explanation:
Given
Required
Determine the equilibrium quantity
First, we need to determine the equilibrium by equating Qd to Qs
i.e.
This gives:
Collect Like Terms
Solve for P
This is the equilibrium price.
Substitute 2.4 for P in any of the quantity functions to give the equilibrium quantity:
<em>Hence, the equilibrium quantity is 26.4</em>
Answer:
yes
Step-by-step explanation:
i think the answer is 0.001853
Answer:
The answer to your question is 7:6
Step-by-step explanation:
Data
Number of red marbles = 28
Number of green marbles = 30
Number of yellow marbles = 24
Radio = ?
Process
1.- Write the ratio
Red marbles : Yellow marbles
2.- Substitution
28 : 24
3.- Simplification
-Divide both terms by 2
14 : 12
-Divide by two both terms
7 : 6
-It is not possible to simplify more.
Step-by-step explanation:
2x²-4x=0
2x²=4x
2x=4
x=2
option C
