The supply equation for a given product is y = 10x + 50, while the demand equation for the same product is given by y 5x + 350, where is the price per unit and y is the number of units sold. Find the break-even point, the price and quantity at which supply equals demand. First graph each line, then place a dot indicating the solution to the system. +500 + 450- 400 350- 300 250 200- 150- 100 50- 10 -50 100- +150 -200 +250- +300+ 10 20 Clear All Draw: = 30 40 50 60 . 70 80 90 10

Q: The Gifts Galore Catalog Company estimates the demand equation for its portable video…

A: Equilibrium is when demand and supply are equal. That is, Demand =supply

Q: A 55 gallon barrel is filled with a mix of Oil and Water.  Oil weighs 6 pounds per gallon, water…

A:

Q: Dave rents kayaks to customers at a large recreational lake. When he charges $25 per hour, 15 kayaks…

A: .

Q: The relationship between the number of slices of pizza eaten and the number of calories consumed is…

A: The relationship between the number of slices of pizza eaten and the number of calories consumed is…

Q: Annie's Apple Butter sells for $12 per jar. At that price, they sell 13,000 jars per month. To see…

A:

Q: A supply curve for a product is the number of items of the product that can be made available at…

A:

Q: A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $10 the…

A: Let the price of ticket be: $ p  Let the attendance be: q When price is $10 than attendance is 24000…

Q: In a linear equation y = mx + b, what are a and b and how do they affect the graph of a line?

A:

Q: In Indiana, the minimum wage a server earns hourly is $2.13. Let us consider that a server can make…

A:

Q: The equation y=3x-2 describes a linear function. How does it compare to the linear function y=3x+2?

A: To find the relation between y=3x-2 and y=3x+2

Q: The value of a piece of machinery depreciates linearly until it has been reduced to a value of zero.…

A:

Q: I have a bicycle and the fixed cost for the production is $24000.00 The variable cost will be $18…

A: Variable cost =$18 Fixed cost=24000 Assume x bicycles are sold.

Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $11 the…

A:

Q: Students at University of Wakanda will pay $2004 for 9 credits and $2796 for 15 credits. If the cost…

A:

Q: 5. Charles needs to fill a large fish tank with water using a hose. He has two hoses from which to…

A: Given graph is Also given 132 gallons of water can flow from Hose B in 10 minutes.