The number of sodas, s, that a street vendor is willing to sell each day is given by the equation s = 100p+600, where p is the price of the soda. The number of sodas, s, that individuals are willing to purchase each day is given by the equation s = −800p+4200, where p is the price of the soda. The price at which supply equals demand is the equilibrium price. To find the equilibrium price of the soda, solve the system of equations given below. s = 100p + 600 s = -800p + 4200 How many sodas will the vendor sell at this price? Question content area bottom Part 1 The equilibrium price of the soda is $___?____. The vendor will sell ___?___ sodas.
The number of sodas, s, that a street vendor is willing to sell each day is given by the equation s = 100p+600, where p is the price of the soda. The number of sodas, s, that individuals are willing to purchase each day is given by the equation s = −800p+4200, where p is the price of the soda. The price at which supply equals demand is the equilibrium price. To find the equilibrium price of the soda, solve the system of equations given below. s = 100p + 600 s = -800p + 4200 How many sodas will the vendor sell at this price? Question content area bottom Part 1 The equilibrium price of the soda is $___?____. The vendor will sell ___?___ sodas.
Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 51SE: The Federal Helium Reserve held about 16 billioncubic feet of helium in 2010 and is being depleted...
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The number of sodas, s, that a street vendor is willing to sell each day is given by the equation s = 100p+600, where p is the price of the soda. The number of sodas, s, that individuals are willing to purchase each day is given by the equation s = −800p+4200, where p is the price of the soda. The price at which supply equals demand is the equilibrium price. To find the equilibrium price of the soda, solve the system of equations given below.
s = 100p + 600 s = -800p + 4200
How many sodas will the vendor sell at this price?
Question content area bottom
Part 1
The equilibrium price of the soda is $___?____. The vendor will sell ___?___ sodas.
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