Answer: The equilibrium point represents the raising or lowering the price in response to changes in the supply or demand.
If the price of a good is above equilibrium, this means that the quantity of the good supplied exceeds the quantity of the good demanded.
If the quantity is below the equilibrium point, it will create a shortage. because the quantity supplied is less than quantity demanded.
Hope this helps!
Step-by-step explanation:
Answer:
Step-by-step explanation:
Ur answer should be C
2000 divided by 5 is 400. 400 time 3 is 1200. You could also do 2000*.6 (because .6 = 3/5)
has no antiderivative in terms of elementary functions (polynomials, exponentials, logarithms, trigonometric functions, etc), but there is a special function defined to fit that role called the error function, , where
By the fundamental theorem of calculus, we can see that
which means we have
Answer: .
Step-by-step explanation:
It is given that,
Initial population of a town = 2000
Growth rate = 4% = 0.04 per year
The exponential growth function for population is
where, is initial population, r is growth rate and t is number of years.
Substitute in the above equation.
Therefore, the required equation is , where P is population after t years.