There would be a 10% chance that they would have the same birthday
Answer:
Step-by-step explanation:
The demand function is expressed as
D(p )=1150-50p
The supply function is expressed as S(p)=−200 + 40p
Where
p represents the price
A) The equilibrium price is the price at which the quantity supplied and the quantity demanded would be equal. Therefore
1150 - 50p = - 200 + 40p
40p + 50p = 1150 + 200
90p = 1350
p = 1350/90
p = 15
The equilibrium price is $15
b) For quantity demanded to be greater than quantity supplied, the price would be
1150 - 50p > - 200 + 40p
40p + 50p > 1150 + 200
90p > 1350
p > 1350/90
p > 15
The price would be greater than 15
c) if the quantity demanded is greater than the quantity supplied, the prices of the T shirt would increase.
Answer:
The answer would be 49
Step-by-step explanation:
8(5) + 9
40 + 9
49
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Answer:
I dont know the answer but I'm just doing this for the answer
Answer:
xyz
Step-by-step explanation:
7xyz - 10 + 10 - 6xyz
-10 + 10 = 0
7xyz - 6xyz = 1xyz
1xyz = xyz
