PLEASE HELP I'M BAD AT MATH I'LL MAKE BRAINLEIST!!!!!!!
1 answer:
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Answer:
a) Demand equation :
b) Supply equation :
C) The equilibrium quantity and the equilibrium price are 2500 and $ 525 respectively
Step-by-step explanation:
We are given that For each decrease in unit price of $20 below $485, the quantity demanded increases by 250 units.
Since decrease in unit price of $20 increase demand by 250 units
So, Slope =
We are given that The quantity demanded x of a certain brand of DVD player is 3000/week when the unit price p is $485.
Now for demand equation:
Use point slope form :
So,
a)So, Demand equation :
Now to find supply equation
We have two points (0,350) and (2500,525)
b) So, Supply equation :
Now to find equilibrium quantity and price equate demand and supply equation
So, equilibrium quantity = 2500
To find equilibrium price substitute equilibrium quantity in any equation
C) The equilibrium quantity and the equilibrium price are 2500 and $ 525 respectively
Answer:
$6 Sweet t saved on green-eyed fleas new album .
Step-by-step explanation:
As given
Sweet t saved 20% of the total cost of the green-eyed fleas new album .
.If the regular price is $30.
20% is written in the decimal form.
= 0.20
Thus
Sweet t saved on green-eyed fleas new album = 0.20 × 30
= $6
Therefore $6 Sweet t saved on green-eyed fleas new album .