Question

If the demand for a certain product is y=3x and the supply is y=2x+1, find the point where the supply and demand are in equilibrium.

Answer 1

So what do you think about this question?

Answer 2

I not sure, but the answer choices are...
A. (0,1)
B. (3,1)
C. (1,3)
D. The supply and demand are never in equilibrium.

Answer 3

it means 3x = 2x + 1...

Answer 4

Could you explain the solution to a system of parallel lines?

Answer 5

i will try

Answer 6

ok

Answer 7

whats the question??

Answer 8

How would you determine whether a system of equations was consistent or inconsistent?

Answer 9

hey i am uploading a pic from my notes...hope it might help a lot

Answer 10

alright sure go for it

Answer 11

was that helpful???

Answer 12

a little bit...

Answer 13

thanks man