X>12/7 combine like terms first then solve
C = Wtc/1000
1000C = Wtc
Wtc = 1000C
W = (1000C) / (tc)
This is assuming that C and c are not the same.
If they are the same, we have:
W = (1000) / t, provided ,that C and c are not equal to 0.
Answer:
B) A market equilibrium price less than $30
Step-by-step explanation:
When the supply curve increases, it shifts to the right, making the market equilibrium price lower because the oversupply of the quantity causes demand to drive down.