SOLUTION: The equations S = 5000 + 200x and
D = 9500 - 100x express the supply S and the
demand D, respectively, for a popular compact disc brand
in terms of its price x (in dollars).
Algebra.Com
Question 306258: The equations S = 5000 + 200x and
D = 9500 - 100x express the supply S and the
demand D, respectively, for a popular compact disc brand
in terms of its price x (in dollars).
a) Graph the equations on the same coordinate system.
b) What happens to the supply as the price increases?
c) What happens to the demand as the price increases?
d) The price at which supply and demand are equal is
called the equilibrium price.What is the equilibrium
price?
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
S = 5000 + 200x
Y=200X+5,000 (RED LINE)
D = 9500 - 100x
Y=-100X+9,500 (GREEN LINE)
A) (graph 300x300 pixels, x from -60 to 50, y from -500 to 10000, of TWO functions 200x +5000and -100x +9500).
B) What happens to the supply as the price increases?
The supply increases.
C) What happens to the demand as the price increases?
The demand decreases.
D) The price at which supply and demand are equal is
called the equilibrium price.What is the equilibrium
price? 7,900=200X+5,000
7,900=200X+5,000
200X=7,900-5,000
200X=2,900
X=2,900/200
x=$14.5 ans.
RELATED QUESTIONS
The equations S =5000 + 200x and D =9500 - 100x express the supply S and the demand D, (answered by nerdybill)
The equation S= 5000 + 200x and D=9500 -100x express suppy S and demand D, respectively,... (answered by jsmallt9)
Free market. The equations S = 5000 + 200x and
D = 9500 - 100x express the supply S and... (answered by stanbon)
The equations S=5000-200x and D=9500-100x express the supply S and the demand D,... (answered by stanbon)
The equations S = 5000 + 200x and D = 9500 – 100x express the supply S and the demand D,... (answered by mananth)
Free market. The equation S = 5000 + 200x and D = 9500 - 100x express the supply S... (answered by Fombitz)
The function S=5000 +200x and D=9500-100x express the supply S and the demand D,... (answered by nabla)
Free market. The equations S= 5000 + 200x and D= 9500-100x express the supply S and the... (answered by jsmallt9)
The function S = 500 + 200X and D = 9500 - 100X express the supply S and the demand D,... (answered by ankor@dixie-net.com)