The equilibrium price is $12.
<h3>What is the
equilibrium price ?</h3>
Equilibrium is the point where the quantity demanded is equal to the quantity supplied. The price at equilibrium is known as the equilibrium price and the quantity at equilibrium is known as the equilibrium quantity.
When shown on a graph, equilibrium is the point where the quantity demanded curve is equal to the quantity supplied curve.
When there is equilibrium, the equation of quantity demanded would be equal to the equation of quantity supplied.
-280 + 40p = 800 - 50p
In order to determine the value of p, take the following steps:
Combine similar terms: 800 + 280 = 40p + 50p
Add similar terms = 1080 = 90p
Divide both sides of the equation by 90 : 1080 / 90 = 12
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Answer c = (a-b)/d
Step-by-step explanation:
subtract b and divide by d
Answer:
6x + 14 ≥ 28
Step-by-step explanation:
6 times a number (6x)
14 more than (so, add 14 to 6x)
greater than or equal to, so this symbol ≥
= 6x + 14 ≥ 28
SOLVED:
6x≥14
x≥2.333333333333333
Since we are converting meters to centimeters we are converting large to small.
Expect the answer to be a larger number. Here are some example of large to small:
2 weeks (larger unit) = 14 days (smaller unit) 14 is larger than 2
4 days (larger unit ) = 96 hours (smaller unit) 96 is larger than 4
Since there are 100cm in a meter, when we change meters to cm, we need a bigger number. The conversion factor is 100 and should be used as a multiplier.
Example: 47m x 100 = 4700 cm
Difference means subtraction 14,505-282=14,223ft
