- The equilibrium price is $1.12.
- If price is $0.98, there would be scarcity of Super Widgets.
- When price is $0.98, quantity demanded is y.
- When price is $0.98, quantity supplied is x.
- When price is $1.22, there would be a surplus of Super Widgets.
<h3>What is equilibrium? </h3>
Equilibrium price is the price at which the quantity demanded equals the quantity supplied. The equilibrium price is $1.12.
Above equilibrium price, quantity supplied would exceed quantity demanded and there would be a surplus. When price is below equilibrium price, quantity supplied would be less quantity demanded and there would be a scarcity.
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Answer:
47 miles per hour.
Step-by-step explanation:
miles ÷ hour = miles per hour
so, 141÷3= 47 MPH
Answer:
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Step-by-step explanation:
Solution:
Given:
An integer is a whole number (not a fractional number) that can be positive, negative, or zero.
Writing each number as a sum of integers in three different ways,
Hello :
the line has an undefined slope if paralel a axis- y : equation x = 1 (<span>passes through the point (1, 3))</span>
