Answer
Solving algebraically and graphically, we get the solution $x\approx 0.3571$.
Work Step by Step
Solve algebraically:
$\frac{2}{x}+\frac{1}{2x}=7$ (Multiply by $2x$)
$4+1=14x$
$5=14x$
$x=\frac{5}{14}$
$x=0.3571428....$
Solve graphically:
We sketch the graphs of $y_1=\frac{2}{x}+\frac{1}{2x}$ and $y_2=7$ as shown below.
Both intersect at $x=0.3571$.
So, the solution is $x\approx 0.3571$.