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marshall27 [118]
2 years ago
10

If demand function is Qd=150+10p and supply function is Qs=300-2p, find the equilibrium price.​

Mathematics
1 answer:
olga nikolaevna [1]2 years ago
8 0

Answer:

qd = qs

150+10p=300-2p

10p+2p=300-150

Step-by-step explanation:

12p=150

P=150÷12

P=12.5

The equilibrium price is 12.5 or 13

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Read 2 more answers
Use logarithms to find the exact solution for 7(17^−9)−7=49.
ch4aika [34]
ANSWER: x = -0.082


EXPLANATION:

1. Apply logarithm to both sides of the
equation. If one of the terms has base 10,
use common logarithm, otherwise, use
natural logarithm

2. Use the different properties of logarithms
to solve for the variable.

17
-92 _ 7 = 49
7.17-92 = 56
17-92 = 8
10g17(8)
-92
2
log, 7(8)
-9
log(8)
log(17)
-9
I=
-0.082
2 of 3
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