subject
Mathematics, 29.09.2020 17:01 murillokiara0kiki

The quantity of wheat, in billions of bushels, that wheat suppliers are willing to produce in a year and offer for sale is called the quantity supplied and is denoted by S. The quantity supplied is determined by the price P of wheat, in dollars per bushel, and the relation is P = 2.13S − 0.65
.

The quantity of wheat, in billions of bushels, that wheat consumers are willing to purchase in a year is called the quantity demanded and is denoted by D. The quantity demanded is also determined by the price P of wheat, and the relation is
P = 2.55 − 0.55D
.

At the equilibrium price, the quantity supplied and the quantity demanded are the same. Find the equilibrium price for wheat. (Round your answer to two decimal places.)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
In each bouquet of flowers, there are 2 roses and 3 white carnations. complete the table to find how many roses and carnations there are in 2 bouquets of flowers.
Answers: 1
question
Mathematics, 21.06.2019 18:00
Henry is an avid reader, he devours 90 pages in half an hour how many pages has henry read per minute?
Answers: 1
question
Mathematics, 21.06.2019 19:00
Solve 3x-18=2y and 5x-6y=6 by elimination show work
Answers: 2
question
Mathematics, 21.06.2019 23:10
Which best describes the function on the graph? direct variation; k = −2 direct variation; k = -1/2 inverse variation; k = −2 inverse variation; k = -1/2
Answers: 2
You know the right answer?
The quantity of wheat, in billions of bushels, that wheat suppliers are willing to produce in a year...
Questions
question
Biology, 22.07.2019 21:30
question
Mathematics, 22.07.2019 21:30
Questions on the website: 13722359