If the equilibrium is such that only 12000 units are sold for $27, then the total earnings from the given scenario is $324,000. The supply equation would then be,
supply: 324000 = 6p ; p = 324000/6 = 54000
demand: 324000 = 69p ; p = 324000/69 = 4695.65 ≈ 4696
Answer:
%167
Step-by-step explanation:
5 divided by 3 is 1.67 so times that by 100 and you get %167
Answer:
She would need to complete 5.57 each noght to reach her goal of 100%.
Step-by-step explanation:
39/7 is equal to 5.57
Answer:
The coordinates are ( 4, -3).
Step-by-step explanation:
We can find the coordinates by solving the 2 equations
y = 1/4x-4
y = -1/2x-1
As both left sides of the equation are y we can say:
-1/2x-1 = 1/4x-4
-1/2x - 1/4x = -4 + 1
-3/4 x = -3
x = -3 * -4/3
x = 4.
- and y = 1/4(4) - 4 = -3.