Suppose that the quantity supplied s and the quantity demanded d of hot dogs at a baseball game are given by the following functions
s(p)=-5,000+2000p
d(p)=15,000-3,000p
where p is the price of a hot dog in dollars. the equilibrium price of a market is defined as the price at which quantity supplied equals quantity demanded (s=d)
what is the equilibrium price, quantity, and the prices for if the quantity demanded is higher than the quantity supplied ?

1)for equilibrium price, S(p)=D(p)

      5000+2000p=15000-3000p

      2000p+3000p=15000-5000

        5000p=10000

         p=2.

2)For demand is higher than supply, D(p)>S(p)

    15000-3000p > 5000+2000p

    10000 > 5000p

     2>p.

median is the value separating the higher half of a data sample, a population or probablity distribution from the lower half.

step-by-step explanation:

say you have 3,8,7,3,1,9,8 order them from lowest to highest

if orderd it would be 1,3,3,7,8,8,9 now you take away from the lowest and the highest until you end up in the middle.

so you would remove the 1 and 9 leaving you with 5 digits remaining

when you've reached the middle that would be your answer so in this case the answer is 7

if there were two numbers left say 7 and 5 you'd and them together so 12 then divide by 2 witch would equal 6 so the answer would be 6

good luck on that project hoped i you at all