Answer:
C. There are no shortages or surpluses
Step-by-step explanation:
When an economy is in equilibrium it means that supply meets demand at a specific price and the market clears. If there is a surplus/shortage in supply or demand then there is no equilibrium and the market will not clear.
- surplus = excess supply
- shortage = excess demand
In the presence of a surplus or a shortage there is no equilibrium.
A. No: Demand from customers refers to whether they are willing and able to purchase, one cannot measure if they have "enough" of a good through the equilibrium measure.
B: No: If supply is greater than demand there is excess supply and thus a surplus in the market, therefore not in equilibrium.
D: No: Equilibrium is simply the balance between supply and demand. Even if an equilibrium is efficient, it does not necessarily follow that the allocation and use of resources is efficient as well.
Answer:
1. Use Pascal's Triangle to expand the binomial.
(d – 3)6
d6 – 18d5 + 135d4 – 540d3 + 1,215d2 – 1,458d + 729
d6 + 18d5 + 135d4 + 540d3 + 1,215d2 + 1,458d + 729
d6 – 6d5 + 15d4 – 20d3 + 15d2 – 6d + 1
d6 + 6d5 + 15d4 + 20d3 + 15d2 + 6d + 1
2. Use the Binomial Theorem to expand the binomial. (3v + s)5
s5 – 5s4v + 10s3v2 – 10s2v3 + 5sv4 – v5
s5 + 15s4v + 90s3v2 + 270s2v3 + 405sv4 + 243v5
s5 + 45s4v + 270s3v2 + 810s2v3 + 1,215sv4 + 729v5
s5 + 15s4 + 90s3 + 270s2 + 405s + 243
3. What is the fourth term of (d – 4b)3?
b3
–b3
64b3
–64b3
Step-by-step explanation:
Answer:
x < 30
Step-by-step explanation:
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