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11.5 * 2.3 = large door size
large door size / 12 = large door size in feet
large door size in feet / 10 = how many large doors can be cut from the board. (you have to round it down if there's a decimal- no 1/2 doors.)
I hope this helps if you need any other help just message me and i will answer
True
True
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Answer:
The equilibrium quantity is 26.4
Step-by-step explanation:
Given


Required
Determine the equilibrium quantity
First, we need to determine the equilibrium by equating Qd to Qs
i.e.

This gives:

Collect Like Terms


Solve for P


This is the equilibrium price.
Substitute 2.4 for P in any of the quantity functions to give the equilibrium quantity:



<em>Hence, the equilibrium quantity is 26.4</em>