At the equilibrium price p, we can solve for the quantity of goods x :
demand = supply
5200 - 0.0005x = 2800 + 0.0003x
2400 = 0.0008x
x = 3,000,000
With this quantity of goods, the equilibrium price is
p = 5200 - 0.0005 (3,000,000)
p = 5200 - 1500
p = 3700
Answer: D
Step-by-step explanation:
it equals 15/12
Answer:
Your answer is 2.5
Hope that this is helpful. Vote and like it
Answer:
its C
Step-by-step explanation:
