The equilibruim point of a demand and supply function is the point at which the quantity demanded is equal to the quantity supplied.
Given the demand function as
and the supply function as
The equilibruim quantity is obtained as follows:
There is no real equilibruim quantity and price for the given demand and supply function.
Answer:
40-7/x
Step-by-step explanation:
seven less than 40
40-7
divided by a number(x)
Answer:2 5/6 Hour
Step-by-step explanation:
9-6 1/6=2 5/6