- 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.
To learn more about equilibrium, please check: brainly.com/question/26075805
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Hello! :)
Use a proportion to find how many seconds are needed to fold 5 shirts.
We are given that he takes 28 seconds to fold 2 shirts:
28 sec : 2 shirts
We are not given the amount of time needed for 5 shirts, which we need to solve:
x seconds : 5 shirts
Express in a fraction:
Cross multiply and simplify:
Therefore, he needs 70 seconds to fold 5 shirts.
32,879 rounded to the nearest thousand is 33,000. It's because 32,879 is closer to 33,000 than to 32,000.
<span>I hope it will help you with rounding in the future :)</span>
The answer is b pic b pick b pick b pick b