Answer:
7
Step-by-step explanation:
You divided both 28 and 4 and you will get 7 as your answer.
Answer:
a. 24
b. 864
Step-by-step explanation:
a. The demand function is:
P = 60 - 2Q
When P = 12:
12 = 60 - 2Q
2Q = 60 - 12
2Q = 48
Q = 48/2 = 24
b. Consumer surplus is given as the integral of Demand function:
![CS = \int\limits {[P(Q) - (p)(Q)] \ dQ\\](https://tex.z-dn.net/?f=CS%20%3D%20%5Cint%5Climits%20%7B%5BP%28Q%29%20-%20%28p%29%28Q%29%5D%20%5C%20dQ%5C%5C)
This implies that:

the price of oil has increased by $0.06 during the period
you would do 3-4=-1 and then -1+7= 6
so you would be left with a gain of $0.06
hope this helps! good luck!
Answer: Hypotheses ?
Step-by-step explanation:
Answer:
C
Step-by-step explanation:
4 1/3 can be separated into 4, and 1/3.
half of 4 is 2.
Half of 1/3 is 1/6.
Add 2 and 1/6, and you get 2 and 1/6. Answer is C