document.write( "Question 146117: The function S=5000 +200x and D= 9500 -100x express the supply S and the demand D respectively, for a popular CD brand as a function of its price x in dollars.
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document.write( "Graph the functions on the same coordinate system.
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document.write( "What happens to the supply as price increases?
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document.write( "What happens to demand as price increases?
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document.write( "The price at which supply and demand are equal is called equilibrium price. What is the equalibrium price? \n" );
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Algebra.Com's Answer #106700 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! The function S=5000 +200x and D= 9500 - 100x express the supply S and the demand D respectively, for a popular CD brand as a function of its price x in dollars. \n" ); document.write( "Graph the functions on the same coordinate system. \n" ); document.write( ": \n" ); document.write( "Graph both for x = 5 and x = 25; let S and D = y \n" ); document.write( "S = 5000 + 200x; (purple) \n" ); document.write( " x | y \n" ); document.write( "------- \n" ); document.write( " 5 |6000 \n" ); document.write( "25 |1000 \n" ); document.write( "and \n" ); document.write( "D = 9500 - 100x; (green) \n" ); document.write( " x | y \n" ); document.write( "------- \n" ); document.write( " 5 |9000 \n" ); document.write( "25 |7000 \n" ); document.write( ": \n" ); document.write( "Graph should look like this: \n" ); document.write( " \n" ); document.write( ": \n" ); document.write( "What happens to the supply as price increases? \n" ); document.write( "Supply goes up (purple) \n" ); document.write( ": \n" ); document.write( "What happens to demand as price increases? \n" ); document.write( "Demand goes down (green) \n" ); document.write( ": \n" ); document.write( "The price at which supply and demand are equal is called equilibrium price. What is the equalibrium price? \n" ); document.write( ": \n" ); document.write( "Where the two graphs intersect, x = 15; is the equilibrium price \n" ); document.write( " |