1) Solve one of the equations for either variable.
2) Substitute the expression from Step 1 into the other equation.
3) Solve the resulting equation.
4) Substitute the solution in Step 3 into one of the original equations to find the other variable.
5) Write the solution as an ordered pair.
Answer:
The equilibrium point represents the raising or lowering the price in response to changes in the supply or demand.
If the price of a good is above equilibrium, this means that the quantity of the good supplied exceeds the quantity of the good demanded.
If the quantity is below the equilibrium point, it will create a shortage. because the quantity supplied is less than quantity demanded.
Hope this helps!
Step-by-step explanation:
Answer: 3000 stamps
Step-by-step explanation:
Given
Chris and Josh have 1800 stamps
Josh and Jessica have 2200 stamps
Jessica and Chris have 2000 stamps
Suppose Chris, Josh, and Jessica have 
stamps
Thus, all three have 3000 stamps
Answer:
B
Step-by-step explanation:
A "or equal to" sign always contains a black colored in circle... With it's pointy end pointing at which direction it is being located.
The graph graphed is y=1/2x
so
y=1/2x and y=-x+6
y=y so
1/2x=-x+6
times 2 both sides
x=-2x+12
add 2x both sides
3x=12
x=4
sub back
y=1/2x
y=1/2(4)
y=2
(4,2) is the solution
