Answer:
8
Step-by-step explanation:
Answer:
geometric because it is decreased by 1/27
Step-by-step explanation:
Answer:
181510
Step-by-step explanation:
120,000 x1.03∧14=181510.767
Round the answer down as you can't have 0.767 of a person.
- 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
#SPJ1
Answer:
2/3
Step-by-step explanation:
Divide 5/6 by 5/4
Find the Reciprocal of 5/4
5/6 times 4/5
5/3 time 2/5
10/15
2/3