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>
So you have 3/4x2/3 because it's 2/3 of the bag left, so you find the least common denominator (bottom number of fraction), which in this case is 12, so you find how you get to 12 for each of the bottom numbers, so x3 on the first one, and x4 on the other one. then you multiply the top numbers by what you multiply the bottom ones by, so it would be 9/12x8/12 you then multiply both numbers so 72/144 and then you simplify that to 1/2 so it's 1/2lb.
Answer:
The expression for her balance is "B(t) = -75*t + 1500". It'll take her 20 months to pay off the loan.
Step-by-step explanation:
We are looking for a function that has the following points:
B(0) = 1500
B(4) = 1200
B(7) = 975
Between B(4) and B(7), there was a variation of 3 months and a variation of -225 on her balance, thefore for each month that passed there was a variation of -75. Thefore, the expression for her ballance is:
B(t) = -75*t + 1500
To check if this expression is valid, we will apply the values provided on the problem:
B(0) = -75*0 + 1500 = 1500 (valid)
B(4) = -75*4 + 1500 = -300 + 1500 = 1200 (valid)
B(7) = -75*7 + 1500 = -525 + 1500 = 975 (valid)
When she pays of her loan, B(t) = 0, so we need to solve for t as shown below:
B(t) = -75*t + 1500 = 0
-75*t + 1500 = 0
75*t = 1500
t = 1500 / 75 = 20 months
It'll take her 20 months to pay the loan.
Answer:
I think is B or A I don't know try putting both if you have more than 1 attempt
Step-by-step explanation:
