Suppose products A and B have demand and supply equations that are related to each other. If q, and qg are the quantities produced and sold of A and B, respectively, and PA and Pg are their respective prices, the table below shows the demand equations and the supply equations. Eliminate qA and qg to get the equilibrium prices. supply equations 9A = - 3+ 6PA - 2PB 9B = - 5- 2pA + 6pB demand equations 9A = 5 - PA + PB 98 = 22 + PA - PB ..... The prices are PA = $ and Pe = S (Round to the nearest cent as needed.)
Suppose products A and B have demand and supply equations that are related to each other. If q, and qg are the quantities produced and sold of A and B, respectively, and PA and Pg are their respective prices, the table below shows the demand equations and the supply equations. Eliminate qA and qg to get the equilibrium prices. supply equations 9A = - 3+ 6PA - 2PB 9B = - 5- 2pA + 6pB demand equations 9A = 5 - PA + PB 98 = 22 + PA - PB ..... The prices are PA = $ and Pe = S (Round to the nearest cent as needed.)
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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