Solution-Find the point of equilibrium of the given demand

Find the point of equilibrium of the given demand

Reference no: EM131024897

1.Find all solutions for the following system of equations. List the solutions as ordered pairs. {x^2+y^2-25 = 0
2x-y = -5

2.Solve the system of linear equations.(Use Calculator )

2x+y+z=4
-x+2y+z=3
9x+2y+3z=13

3.Solve the system of linear equations using matrices (Use Calculator )

x-3y-5z = -30
4x+4y+z = -31
6x-3y+6z = -15

4. Find the point of equilibrium of the given demand and supply equations. (Hint: The point of equilibrium is the price p and the number of units x that satisfy both the demand and the supply equations.)

Demand: p = 65 - 0.05x
Supply: p = 0.05x + 10

Reference no: EM131024897

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Find the point of equilibrium of the given demand

Reference no: EM131024897

Reference no: EM131024897

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