Answer: The equilibrium point represents the raising or lowering the price in response to changes in the supply or demand.
If the price of a good is above equilibrium, this means that the quantity of the good supplied exceeds the quantity of the good demanded.
If the quantity is below the equilibrium point, it will create a shortage. because the quantity supplied is less than quantity demanded.
Hope this helps!
Step-by-step explanation:
First, you would start on the orgin (0,0), and move up 1. You should now be at (1,0) make a point here
Next, you will move down 2. You should now be at (-1,0)
Finally, you move right 3.
You should now be at (-1,3)
Make a point
Hope this helps!
Answer:
the answer is 70
Step-by-step explanation:
just do 6(-5)+100=70
hope this helps
