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.
Since there are a 100 cents in a dollar. the 100 is the denominator.
46/100, reduce; 23/50, can't be reduced any further. so 23/50 is the fraction.
25 = hypothenuse
14 = opposite
Use SOHCAHTOA
Give O and H, you can use sin
Sin^-1 = 14/25 = 34.0557
Round to hundreds
Solution: 34.06
