Y = 1x -5
Hope this helps!!!
The equation f(x) = 3x represents this relationship.
A surplus exists when the price is above equilibrium, which encourages sellers to lower their prices to eliminate the surplus. A shortage will exist at any price below equilibrium, which leads to the price of the good increasing. For example, imagine the price of dragon repellent is currently $6 per can.
It's already rounded to the nearest tenth, so it's still the same.
Multiply the variable k times 4 would give you 4k.
Then cross multiply 14x8 = 112
Therefore, you would have 4k = 112.
Divide 112 by 4 to get your answer!