Acertain product has supply and demand functions given by p-80q=100 and p+50q=13100, respectively. what price gives market equilibrium, and how many units are demanded and supplied at this price?

8,100

100

Step-by-step explanation:

To get the equilibrium price, what we need to do is to equate the equations.

This means 100 + 80q = 13100 - 50q

130q = 13100 - 100

130q = 13000

q = 13000/130 = 100

The equilibrium price is thus:

P + 50q -= 13100

P + 50(100) = 13,100

P + 5000= 13,100

P = 13100 - 5000 = 8,100

(2,20) means that the 2 is 2 hours and 20 is 20$. so there both 20$ for 2 hours only the same price. like it says. so, the dunk tank and the bounce house are the same price (20$) for the same amount of time (2 hours).

hope i

a) y = -3x +2

b) y = 1/2x -6

these 2 can be combined into one equation.

-3x +2 = .5x -6

8 = 3.5x

x = 8 / 3.5 = 2.2857142857

y = -3 * (8 / 3.5) +2

y = (-24 / 3.5) + 2

y = -4.8571428571

step-by-step explanation: