incognitojiggle incognitojiggle

17-04-2016
Social Studies

contestada

Consider a perfectly competitive market described by the supply function P = 20 + 0.1Q and demand function P = 80 - 0.3Q. If the market is in equilibrium,

Respuesta :

apologiabiology apologiabiology

17-04-2016

then they are equal to each other

set them eual to eachother

20+0.1Q=80-0.3Q
addd0.3Q to both sides
20+0.4Q=80
subtract 20
0.4Q=60
divide by 0.4
Q=150
subsiut to find P
20+0.1Q=P
20+0.1(150)=P
20+15=P
35=P

P=35
Q=150

Answer Link

Otras preguntas

Which of these phrases best describes vaccination? a.natural active immunization b.natural passive immunization c.artificial active immunization d.artificia

which integer is closest to the square root of negative 50

which group of people in the russian empire were forbidden to own land?

Is redeem and refresh and reef on the same page

A store owner makes a profit of $54 when he sells 9 jackets how many jackets should he sell to make a profit of $270?

I need 3 sentences on adware. What they do and how they are a risk.

What are engines rated by

what is the unit of measurement used for atomic particles?

Is pi a rational number

Which food item is a rich source of protein?