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RiyaTailz3346
21.10.2019 •
Mathematics
Let one weeks supply and demand functions for gasoline be given by p=d(q)=288-5/2q and p=s(q)=3/2q, where p is the price in dollars and q is the number of 42 gallon barrels. a. graph these equations on the same axes. b. find the equilibrium quantity. c. find the equilibrium price.
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Ответ:
The correct answers are:
A) graph is attached; B) 72 barrels; and c) $108.
Explanation:
Using a graphing calculator, we graph both equations on the same axes, letting x be the number of barrels and y be the price.
The equilibrium point is the point where the two graphs intersect. The number of barrels is 72 and the price is $108.
Ответ: