The equilibrium point for the pair of demand and supply function is 100
We have been two linear function, one is linear supply function and other is linear demand function.
In general , linear supply function is given as:
Qs = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
And linear demand function is given is :
Qd = x + yP
Where , Qs = quantity supplied
x = quantity
P = price
According to the question,
Linear supply function is q = 300 + 5x
And linear demand function is q = 4800 – 40x
To find the equilibrium point we will put two quantities equal, that is,
Qs = Qd
300 + 5x = 4800 – 40x
5x + 40x = 4800 – 300
45x = 4500
x = 100
Hence the equilibrium point is 100
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All triangles must have angles that add up to the same amount of degrees, so if the two triangles share one exact point, it is assumed that those angles would be the same. Basically just use the fact that the sides are the same and marked by dashes, and the missing line can be proven with the use of the angles that are in between the point that both share.
Answer:


Step-by-step explanation:
Marginal average Cost function:

Marginal average Revenue function:

Answer:
Look at picture
Step-by-step explanation:
Answer:
15( b+ a) - 2(a + 0 ) = c
then
c+b = t
We could put the two together to make 15(b+a)- 2(a+0) + b = t
Where t = 8379.70
a= £249.99 b= 329.99
Step-by-step explanation:
Equal amounts are 8549.7 from 30 mowers a+b = small and large.
If we use this as an even and take away a+b at different equations we can find the answer to be 8379.70 on the 2nd equation. First equation = 8579.70
8549.7- 249.99-249.99+329.99 to equal the given year to find c in first equation and total in year = t within the above equation.