- 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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Answer:
(1, 6 )
Step-by-step explanation:
5x + 2y = 17 → (1)
4x + y = 10 → (2)
Multiplying (2) by - 2 and adding to (1) will eliminate the y- term
- 8x - 2y = - 20 → (3)
Add (1) and (3) term by term to eliminate y
- 3x + 0 = - 3
- 3x = - 3 ( divide both sides by - 3 )
x = 1
Substitute x = 1 into either of the 2 equations and solve for x
Substituting into (1)
5(1) + 2y = 17
5 + 2y = 17 ( subtract 5 from both sides )
2y = 12 ( divide both sides by 2 )
y = 6
solution is (1, 6 )
Answer:
x = 2
Step-by-step explanation:
Similar triangles are triangles which have the same shape but not the same size. This means their angle measures are equal but their side lengths are not instead they are proportional. To solve, we will set up a proportion and solve.
A proportion is two equal ratios set equal to each other. We form the ratios by finding corresponding sides (sides which match to each other on both triangles by their position). Out ratios will be one side of the small triangle over the corresponding side on the big triangle as shown below:
.
To solve the proportion, we'll cross multiply by multiplying numerator with denominator across the equal sign.
