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Author Question: Find the equilibrium point for the supply and demand curves. Round answers to two decimal ... (Read 49 times)

ishan

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Question 1

Find the equilibrium point for the supply and demand curves.  Round answers to two decimal places.

Demand: q = 10,600 - 25x,  Supply: q = 7100 + 5x

◦ (175.00, 6225)
◦ (590.00, -4150)
◦ (116.67, 7683)
◦ (-175.00, 14,975)

Question 2

Find the equilibrium point for the supply and demand curves.  Round answers to two decimal places.

Demand: q = ,  Supply: q = 

◦ (4.90, 4.90)
◦ (12.00, 0.50)
◦ (1.22, 4.90)
◦ (4.90, 1.22)


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Marked as best answer by ishan on Jun 16, 2021

rachel

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ishan

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  • Posts: 546
Reply 2 on: Jun 16, 2021
Excellent


shailee

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Reply 3 on: Yesterday
Gracias!

 

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