Demand Estimation and Elasticity 7 Questions of long algebra formulas

This is very recent math (Algebra) that requires each march of equation to be written out and explained (a specimen is granted adown). The 7 questions to be answered are in sturdy instrument.  The educationist already has answers posted on Chegg and Course Hero fascinate do initiatory fruit.     Solve for makeweight and bulk. Given: Monthly bulk insist administration for a performance is Qd = 10,000-80P and monthly bulk accoutre administration for a performance is Qs=20P. Here is an issue of how to give you fruit on this whole which would afford me to flourish your marchs: 1)    Qd=Qs   which is also correspondent to: 2)    10,000 – 80P = 20P Next add 80P to twain sides and distribute by 100 to get: 10,000 =100p Divide by 100 to get P by itself: 100 = P This is makeweight expense.  Next, you scarcity makeweight bulk. Plug the makeweight expense (100) into either  insist or accoutre administration.  If we bar it into the insist administration you get: Qd= 10,000 – 80*100 = 2,000 (80*100 is 8,000 and 10,000 minus 8,000 is 2,000) If you bar it into the accoutre administration you get: Qs = 20*100 = 2,000 Here, the bulk provided is correspondent to the bulk insisted.