Answer: Option 'b' is correct.
Step-by-step explanation:
Since we have that
When Demand exceeds supply.
It means money supply is more in the country due to which demand for a good increased more than supply.
It is the situation of inflation.
In this case, price would increase to curb the increase in demand.
For example, if the prevaling price for a particular good is $5, so a person is willing to purchase 10 units as he has $50.
But if the price gets increased and the new price becomes $10, then that person can buy only 5 units from $50.
So, it can reduce the demand and makes it equal to supply.
So, Option 'b' is correct.
Answer:
2.873375
Step-by-step explanation:
Slope is -4 and y intercept is 7. Whatever the number in front of the X is, that will always be your slope. Anything added or subtracted after the x, that’s your y intercept! Hope I helped.
Answer:
The margin of error for a sample size of 250 is 6
Step-by-step explanation:
The margin of error is given as
1/square root of the sample size
Thus, margin of error for a sapless size of 250 is
1/√250
= 1/15. 811
= 6
Answer:
24-21
Step-by-step explanation:
2×12=24 7×3=21 I started from 2×2 towards 2×12 when I got the answer and I started 7×1 towards 7×3