Question

The demand and supply equationsf
or an electronico rganizear reg ivenb y
P : 1 8 0 - 4 x
p : 7 5 + 3 x
Demand equation
Supply equation
where p is the price in dollars and x represents the number
of units, in thousands. Find the equilibrium point for this
market.

Answer 1

hello few once again we came to answer same question what a coincidence

Answer 2

How bizarre! What are the odds?!

Answer 3

LADAN in short u just ask u want to find the Break Even Point

Answer 4

that is not odd actually PPL are short of questions so they are posting the same questions a number of times

Answer 5

leave all these come let us go to help those who really need help !

Answer 6

Haha you're right.

Answer 7

sorry I really need your help

Answer 8

yeah i m ready to but i had answered this question dint i ??

Answer 9

this question is for my major that is accounting

Answer 10

I didn't see the answer.because of that I ask it again

Answer 11

see here u need to calculate the Break Even Point Right.
so u have to equate the demand and supply

Answer 12

in terms of price the demand and supply function is given so at what point it wud be equal??

Answer 13

is the answer of this question is 15??

Answer 14

I think that.I just didn't know how to find a solution

Answer 15

few tell me if u will equate two equation what u will do

Answer 16

I can solve it

Answer 17

Demand Function
\[P = 1 8 0 - 4 x \]
Supply Function
\[P = 7 5 + 3 x \]

Answer 18

how u will solve tell

Answer 19

I do this. 75+3x=180-4x

Answer 20

gr8 buddy u got the point

Answer 21

now solve for x

Answer 22

then 7x=105

Answer 23

answer is 15

Answer 24

and x=15

Answer 25

I really thank you