Question

(a) Suppose that the demand and price for a certain brand of shampoo are related
by
p = 16 - 4
Where p is price in dollars and is demand.
i) Find the price for a demand of: O units ; 8 units
ii) Find the demand for the shampoo at a price of: S6, Sil, S16
in) Graph: p = 16 -99
Suppose the price and supply of the shampoo are related by
3
P=19
Where q represents the supply, and p the price.
iv) Find the supply when the price is : $0 $10,
$10, $20
Graph p = on the same axes used for part (ii)
vi) Find the equilibrium supply
vii) Find the equilibrium price.
(b) Solve the following simultancous linear equations by graphical method
2x + 3y = 8​

Answer 1

Step-by-step explanation:

please mark me brainlist please