SOLUTION: The supply equation is y=28x + 2025 and the demand equation is y= -17x=6120. The equilibrium for demand is.

Algebra ->  Quadratic Equations and Parabolas -> SOLUTION: The supply equation is y=28x + 2025 and the demand equation is y= -17x=6120. The equilibrium for demand is.      Log On


   

Question 92472This question is from textbook Finite Mathematics
: The supply equation is y=28x + 2025 and the demand equation is y= -17x=6120. The equilibrium for demand is. This question is from textbook Finite Mathematics

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The supply equation is y=28x + 2025 and the demand equation is y= -17x+6120. The equilibrium for demand is.
-----------
Equilibrium occurs when demand = supply
EQUATION:
-17x + 6120 = 28x + 2025
45x = 6120-2025
x = 91
=============
Cheers,
Stan H.