Area=pi x radius squared so (3.14)(10)squared = 314
- The equilibrium price is $1.12.
- If price is $0.98, there would be scarcity of Super Widgets.
- When price is $0.98, quantity demanded is y.
- When price is $0.98, quantity supplied is x.
- When price is $1.22, there would be a surplus of Super Widgets.
<h3>What is equilibrium? </h3>
Equilibrium price is the price at which the quantity demanded equals the quantity supplied. The equilibrium price is $1.12.
Above equilibrium price, quantity supplied would exceed quantity demanded and there would be a surplus. When price is below equilibrium price, quantity supplied would be less quantity demanded and there would be a scarcity.
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The answer is 3. If you set it up in a T table and label x as the number of hours and y as the number of rows. Then use rise over run (y over x) the fractions simplify to 3 over 1.
Answer:
E) 29.0
Step-by-step explanation:
The value of the sum is obtained from 2 independent experiments: the value of the number of the first box X₁ and the value of the number of the second box X₂.
The expected value of a draw is the average of all its values, so E(X₁) = (1+2+3+4+5+6+7+8+9+10)/10 = 5.5 and E(X₂) = (20+21+22+23+24+25+26+27)/8 = 23.5
Hence, E(X₁+X₂) = E(X₁)+E(X₂) = 5.5+23.5=29
28 to 42 means 28/42
We now reduce 28/42 to lowest terms.
28 ÷ 7 = 4
42 ÷ 7 = 6
We now have 4/6.
We now reduce 4/6.
4 ÷ 2 = 2
6 ÷ 2 = 3
Final answer: 2/3
