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Sam's T-shirt business uses the demand function P =-Q + 26 and the
supply function P = Q-10. Acceding to these functions, what will the
equilibrium point (P,Q) be for Sam's T-shirt business?

A: (8,18)
B: (18,8)
C: (26,10)
D: (10,26)

Respuesta :

eidmariam67
I think it is B
Hope this help you?????
sakshigupta4990

Answer:

The answer is, (18,8)

Step-by-step explanation:

Demand and supply must be equal to achieve equilibrium, thus equate both functions.

[tex]-Q+26=Q-10\\ 2Q=36[/tex]

[tex]2Q=36\\Q=36/2\\Q=18[/tex]

The value of Q can be substituted in either equation.

[tex]P=Q-10\\P=18-10\\P=8[/tex]

So, the equilibrium are P = 8 and Q = 18.

To know more about equilibrium here, https://brainly.com/question/517289

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