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
Learn more about equilibrium point here : brainly.com/question/1915798
#SPJ9
Answer:
72
Step-by-step explanation:
This is assuming the following:
1) fork boxes comes with 12 count.
2) spoon boxes comes in 18 count.
3) knife boxes comes in 24 count.
Find the least common factor:
12: 12, 24, 36, 48, 60, 72
18: 18, 36, 54, 72
24: 24, 48, 72
72 is the least common factor shared by all these numbers.
~
Answer:
12 meters = 472.441 inches
~Hope this helps~
5x-10x+ 2(3y-2)= 10y-5x + 4
Multiply 2 x 3y and by -2
5x-10x+6y-4=10y-5x+4
You get 6y-4
-5x+6y-4=10y-5x+4
Subtract 10x from 5x to get -5x
6y-4=10y+4
Add 5x to the -5x
6y=10y+8
Add 4 to the other side to get 8
-4y=8
Subtract 6y-10y to get -4y
-4y/-4=8/-4
Divide -4y and 8 by -4 to get y by itself and -2
Y=-2
Answer
Hope this helps
