The price p of a good and the quality q of a good are linked. the demand for a new pair of trainers can be modelled using the equation p= (-3/4)q+35 the supply of trainers can be modelled using the equation p= (2/3)q+1. they meet on the same pair of axes. the equilibrium point is the point whereto supply and demand lines meet find the values of p and q at the equilibrium point.

the equilibrium point, is when Demand = Supply, namely, when the amount of "Q"uantity demanded by customers is the same as the Quantity supplied by vendors.

That occurs when both of these equations are equal to each other.

let's do away with the denominators, by multiplying both sides by the LCD of all fractions, in this case, 12.

problem:

f(x) = - 2/3x + 5; f(5/2)

substitute 5/2 in for x:

f(5/2) = -2/3(5/2) + 5

simplify the right side:

f(5/2) = -5/3 + 5

f(5/2) = 10/3

f(5/2) = 10/3

i hope this !

(x+3)(x+7)

step-by-step explanation: