Answer:
21 19/25
Step-by-step explanation:
21 76/100
divide 76 and 100 by 4
21 19/25
Answer:
R= diameter ÷ 2
Step-by-step explanation:
the radius is half the diameter.
Answer:
5/2
Step-by-step explanation:
Answer:
y = x - 10
Step-by-step explanation:
- 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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