Q1. given the following two equations, answe questions that follow: Q=4p ..........

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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I want to solve sub-questions 4, 5 and 6 of the first question
%AV ,
Q1. given the following two equations, answer the
questions that follow:
Q=4p
.(1).
Q=200-6p .
(2)
1 Identify the demand
equation and supply
equation?
2 What does the
number (4) in
equation (1)
indicate?
3 What does the
number 200 in
equation (2)
indicate?
4 What does the
number 6 in
equation (2)
indicate?
5 Solve for the
equilibrium point
mathematically.
6 Solve for the
equilibrium point
graphically.
7 Suggest an effective
minimum price, and
another effective
maximum price, and
show what effect
will each have.
Transcribed Image Text:%AV , Q1. given the following two equations, answer the questions that follow: Q=4p .(1). Q=200-6p . (2) 1 Identify the demand equation and supply equation? 2 What does the number (4) in equation (1) indicate? 3 What does the number 200 in equation (2) indicate? 4 What does the number 6 in equation (2) indicate? 5 Solve for the equilibrium point mathematically. 6 Solve for the equilibrium point graphically. 7 Suggest an effective minimum price, and another effective maximum price, and show what effect will each have.
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