The equilibrium referred to here is the dynamic equilibrium. It means that there is a change happening, but the opposite change are equal so they cancel out. So, we can determine the equilibrium price at the point where the demand and supply curve intersect. That would be at the quantity of 60 units. Therefore, the equilibrium price is $10.
Step-by-step explanation:
Let P be price after t year . From the formula of compounding
P = 9 (1.015)^t
Taking log to the base e on both sides
ln P = ln 9 + t ln 1.015
= (2.197 + .0149t )
P = e^{(2.197+.0149t)}
The answer is 50
150/3 is 50
Answer:
I think it's 4. reflection and glide refection.
Answer:
The amount paid by each house is $11.25
Step-by-step explanation:
Let the amount paid by each house is $K
Number of neighbors you worked for on Friday = 4
So the amount paid by all of them = 4K
Number of neighbors you worked for on Saturday = 5,
similarly amount paid = 5K
Number of neighbors you worked for on Sunday = 3,
here amount paid = 3K
Also, in total the amount paid = $135
So, Amount paid on {Friday + Saturday +Sunday} = Total Amount
or, 5K + 4K + 3K = $135
or, 12K = 135
⇒K =135/12 = $11.25
So, the amount paid by each house is $11.25
