April 19, 2014

Homework Help: ecomonics

Posted by elizabeth on Wednesday, November 5, 2008 at 12:06pm.

I am trying to understand the math part of supply and demand . I am not getting it,I really need help! The question is: The demand and supply functions for sweatshirts are as follows:

Quanity Quanity
demanded(per period) supplied(/peri

price__ price
10-----15,000 $10----------22,000
9------15,500 9---------19,000
8------16,000 8---------16,000
7-------16,500 7---------13,000
6--------17,000 6--------10,000
5--------17,500 5---------7,000
4--------18,000 4---------4,000
3--------18.500 3--------1,000
2--------19,000 2--------- 0

the equation for the demand and supply functions above are as followers
solve for the equilbrim price and quanity,
I donot know what to do with it.

Answer this Question

First Name:
School Subject:

Related Questions

Mircoeconomics: Elasticity - Please help! I have a mid-term test in a couple of ...
economics - in the simple economics of a competitive market price increases ...
supply and demand - I'm looking for help on the third part of this question. I'...
math - i also need help with this one: Supply and Demand let the supply and ...
Econ - How does the aggregate goods and services market differ from the regular...
economics - in the simple economics of a competitive market price increase under...
Math help - Fimd the market price and demand for the pair of supply and demand ...
economics - If a country such as Europe sells their saved dollars as a result in...
Microeconomics - I am having a hard time answering these questions. I just need ...
Calculus - The supply and demand functions for a certain commodity are given by...