Mathematics, 15.07.2020 05:01, elizabethajih99
An important application of systems of equations arises in connection with supply and demand. As the price of product increases, the demand for that product decreases. However at higher prices, suppliers are willing to produce greater quantities of the product. The price at which supply and demand are equal is called the equilibrium price. The quantity supplied and demanded at that price is called the equilibrium quantity. The following models describe wages for low-level skilled labor. (demand) p=-.307x+5.9, (supply) p=.328x+3.
The equilibrium number of workers is __ million.
The equilibrium wage is __ dollars.
Answers: 1
Mathematics, 21.06.2019 14:30, mfweldon64
The floor plan of a room has a scale of 2.5 in.: 35 ft. in the drawing, the length of the room is 8 in. and the width of the room is 6 in. what is the perimeter of the actual room?
Answers: 3
Mathematics, 21.06.2019 16:30, gerardoblk5931
Triangle inequality theorem state if each set of three numbers can be the lengths of the sides of a triangle. 1. 9, 8, 22. 2. 5,10,12. 3. 7,10,22. 4. 4,11,12. 5. 11,9,10. 6. 10,4,19. 7. 3,12,10. 8. 4,3,2. 9. 6,5,13. 10. 7,12,20. me .
Answers: 3
An important application of systems of equations arises in connection with supply and demand. As the...
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