Solve the following linear system of equations

x + 4 y = 3 & 3x - 2y =-5 . 2p +4 q = 9 & -4q +5p =5 .

1 x +4y=3 1 2p + 4 q = 9

2 3 x - 2 y = -5 ×-3 2 -4 q +5 p = 5

-3x -12 y = -9 4q+2p=9

-14 y = -14 7 p = 14
y=1 p=2
in equation 1 in equation 1
2*(2) + 4 q = 9
x + 4*(1) = 3
4q = 9 – 4 = 5
x =3 – 4 = -1
q = 7/4
Solution ( -1 , 1)
Solution ( 1 , 5/4)
supply and demand functions, S(x) and D(x), are given for a particular
commodity in terms of the level of production x. In each case:
Find the value of xe for which equilibrium occurs and the
corresponding equilibrium price pe.
Sketch the graphs of the supply and demand curves, p S(x) and p D(x),
on the same graph.

3x +150 = -2x + 275

3x + 2x = -150 + 275
p=3x+150 5 x = 125
p = 3*25 +150
= 225
x =125/5 = 25