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garik1379 [7]
3 years ago
11

Suppose that the demand Q^Dand supply Q^Sfor maize meal in Kimberley is given by p=120-0.7Q^Dand p=3+0.2Q^S where the quantity i

s in thousands of kilograms and the price (p) is in rands per kilogram. Answer the following: Find the market equilibrium quantity, and the equilibrium price of maize meal. (2 marks)
Mathematics
1 answer:
bixtya [17]3 years ago
8 0

Answer:

  20 rands/kg

  130,000 kg

Step-by-step explanation:

The equilibrium quantity and price are the solution to the system of equations ...

  p = 120 -0.7q

  p = 3 + 0.2q

Setting these equal, we get ...

  0.2q +3 = p = -0.7q +120

  0.9q = 117 . . . . . . . add 0.7q-3 to both sides

  q = 117/0.9 = 130

  p = 3 +0.2·130 = 29

The equilibrium price of maize meal is 29 rands per kg; the market equilibrium quantity is 130,000 kg.

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pshichka [43]
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A registration fee for a used car is 0.8% of the sale price of $5,700. How much is the fee
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5 0
3 years ago
3 intersecting lines are shown. A line contains points E, D, A, and B. Another line intersects the line at point A and contains
GREYUIT [131]

Answer:

The one with arrows are the answers

->Line segment E B  is bisected by Line segment D F .

->A is the midpoint of Line segment F C .

Line segment F C  bisects Line segment D B.

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Line segment D A is congruent to Line segment A B .

Step-by-step explanation:

I did it on edge and got it right

5 0
2 years ago
Read 2 more answers
Does anyone know the answer?
motikmotik

Answer:

We conclude that the area of the right triangle is:

A\:=p^2-2p-3

Hence, option A is correct.          

Step-by-step explanation:

From the given right-angled triangle,

  • Base = p+1
  • Perpendicular = 2p-6

Using the formula to determine the area of the right-angled triangle

Area of the right triangle A = 1/2 × Base × Perpendicular

                                            =\frac{1}{2}\left(p+1\right)\left(2p-6\right)

Factor 2p-6: 2(p-3)

                                             =\frac{\left(p+1\right)\times \:2\left(p-3\right)}{2}  

Divide the number: 2/2 = 1

                                              =\left(p+1\right)\left(p-3\right)

\mathrm{Apply\:FOIL\:method}:\quad \left(a+b\right)\left(c+d\right)=ac+ad+bc+bd

                                               =pp+p\left(-3\right)+1\cdot \:p+1\cdot \left(-3\right)

                                               =pp-3p+1\cdot \:p-1\cdot \:3

                                                =p^2-2p-3

Therefore, we conclude that the area of the right triangle is:

A\:=p^2-2p-3

Hence, option A is correct.                                        

3 0
3 years ago
Dave bought a package of 4 chocolate cookies. Each cookie weighed 0.5 ounces. How much did the 4 cookies weigh all together? Ple
Sauron [17]
4 (cookies) X .5 ounces = 2 ounces
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3 years ago
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