Saturday

October 25, 2014

October 25, 2014

Posted by **Terri** on Monday, April 9, 2012 at 3:14pm.

A: Find the demand equation.

B: Find the supply equation.

C: Find the equilibrium quantity and the equilibrium price.

- Math -
**Steve**, Monday, April 9, 2012 at 6:33pmdemand:

(d-250)/(p-140) = (1000-250)/(110-140)

d-250 = -25(p-140)

d = -25p + 3750

supply:

(s-750)/(p-60) = (2250-750)/(80-60)

s-750 = 75(p-60)

s = 75p - 3750

equilibrium:

-25p + 3750 = 75p - 3750

100p = 7500

p = 75

s = d = 1875

**Answer this Question**

**Related Questions**

Finite Matematics - The quantity demanded x each month of Russo Espresso Makers ...

Finite - The quantity demanded each month of Russo Espresso Makers is 250 when ...

Math - The quantity demanded each month of Russo Expresso Makers is 250 when the...

Finite Math - The quantity demanded each month of russo Espresso Makers is 250 ...

college finite math - The quantity demanded x each month of Russo Espresso ...

college math HELP!!!!! - The quantity demanded x each month of Russo Espresso ...

math HELP!! - The quantity demanded x each month of Russo Espresso Makers is 250...

Calculus - The demand function for the Luminar desk lamp is given by the ...

math - The quantity demanded each month of the Walter Serkin recording of ...

Calculus - The quantity demanded each month of the Walter Serkin recording of ...