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VMariaS [17]
3 years ago
5

7. Refer to the diagram. The equilibrium price

Mathematics
1 answer:
Anvisha [2.4K]3 years ago
5 0
A. $1.00 and $200, where both lines meet in the middle is called the equilibrium price, this is where they make the most bang for their buck
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1/2(7x-8)+2x =2-(10x+4
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<span>1/2(7x-8)+2x =2-(10x+4)
Distribute
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combine like terms
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Multiply both sides by 2
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Combine like terms
11x - 8 = -20x - 4
add 8 to both sides
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add 20x to both sides
11x + 20x = 4
combine like terms
31x = 4
divide both sides by 31
x = 4/31 or </span><span>0.129.

Hope this helps :)</span>
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