The answer would be slope= -5/4
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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>
Answer:
y = x + 5: x=y−5
2x + y = 17
: x=-1/2y+17/2
Step-by-step explanation:
I do not exactly know what you were asking but I just answered the questions, if that is not what you were looking for tell me so I can try and edit my answer
D + 1.5......with d being the price of a smoothie.....the expression would represent the total cost of one smoothie + one sandwich.