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:
Answer:
Plot the points (0,0) and (1,3) to make the line.
Step-by-step explanation:
We know that a linear equation is y=mx+b, m is the slope and b is the y-intercept. We can see that the slope is m=3, and there is no b meaning b=0. Since the y-intercept is 0 we can start from the origin (0,0). The slope is 3/1 or known as rise/run. You go up 3 and go right 1, making the second point (1,3). This should work.
\left[x \right] = \left[ \frac{-1}{4}\right][x]=[4−1] = x*3 +3x*2+6) - (9x*2-5x+7
Answer:
28/9
Step-by-step explanation:
We will have to convert the given question into improper fraction before solving
So let's solve the question
3 1/9
Can be written as 28/9 which is improper fraction
Since there's nothing that can be used to divide both the numerator and denominator
Then our final answer is 28/9
But in the case where the fraction can be divided we can actually solve further
3/10 times 2/3 3 times 2 is 5 and 10 times 3 is 30 5/30 a