Let one weeks supply and demand functions for gasoline be given by p=d(q)=288-5/2q and p=s(q)=3/2q, where p is the price in dollars and q is the number of 42 gallon barrels. a. graph these equations on the same axes. b. find the equilibrium quantity. c. find the equilibrium price.

The correct answers are:

A) graph is attached; B) 72 barrels; and c) $108.

Explanation:

Using a graphing calculator, we graph both equations on the same axes, letting x be the number of barrels and y be the price.  

The equilibrium point is the point where the two graphs intersect.  The number of barrels is 72 and the price is $108.

option: d is correct

step-by-step explanation:

the answer is 0.3175 hope that you ^w^

also you might actually want to put this picture up if you want people to solve it luckily i remember this question