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.
The product is 
Explanation:
The given expression is 
We need to determine the product of the given expression.
First, we shall simplify the given expression.
Thus, we have,


Expanding the expression, we have,

Now, we shall apply FOIL, we get,

Simplifying the terms, we have,

Multiplying, we get,

Adding the like terms, we get,

Thus, the product of the given expression is 
Answer:
$7150
Step-by-step explanation:
To find how much is earned, take the amount earned per week times the number of weeks
275*26 =7150
Answer:
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Step-by-step explanation: