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:
(2X-3)(4-3X)
=8X-6X²-12+9X
=-6X²+17X-12
That's your answer.
Answer:
2147.76 cm³
Step-by-step explanation:
using the formula for volume
πr²h
3.14×6²×19
The answer to this is 1/3
Answer:
y=7
Step-by-step explanation:
The slope is (7-7)/(3+7) = 0. So, the line is a horizontal line.
The y value of both points is 7.