PLEASE HELP!! Find the market equilibrium point for the following demand and supply equations

9514 1404 393

  (p, q) = (16, 20)

Step-by-step explanation:

You can add the two equations together to make one from which q can be eliminated:

  (4p) +(3p -q) = (-q +84) +(28)

  7p -q = -q +112 . . . . simplify

  7p = 112 . . . . . . . . . . add q

  p = 112/7 = 16

Using this value in the second equation, we get ...

  3·16 -q = 28

  48 -28 = q = 20 . . . . . add q-28

The equilibrium point is (p, q) = (16, 20).

the answer would be 1 1/72

step-by-step explanation:

you can rewrite the equation by separating the parts and then solving individually:

10-9=1

1/8 - 1/9=

find l c d and then combine:

1 1/72

the number 100 represents the number of trials in the experiment.

49/100 represents the experimental probability of the coin landing heads up.

step-by-step explanation: