If scientists discover that steamed milk, which is used to make lattés, prevents heart attacks, then the equilibrium price and quantity would both rise.
<h3>
What do we mean by equilibrium price?</h3>
- An equilibrium price, also recognized as a market-clearing price, is the customer cost assigned to a product or service at a point where supply and demand are equal or nearly equal.
- The price at which the demand curve equals the quantity supplied is known as the equilibrium price.
- The intersection of the demand and supply curves determines it.
- A surplus exists when the quantity supplied of a good or service exceeds the quantity demanded at the current price, putting downward pressure on prices.
- For example, if scientists discover that steamed milk, which is used to make lattés, reduces the risk of heart attack, the equilibrium price and quantity will both rise.
Therefore, if scientists discover that steamed milk, which is used to make lattés, prevents heart attacks, then the equilibrium price and quantity would both rise.
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Answer:
d) 57.5% men, 82.5% women, 70% total customers
Explanation:
To find out the percentage of men who rated the service as excellent, just divide the number of men who rated the service as excellent (115) by the total number of men (200) and multiply the result by 100.
(115/200) * 100 = 57.5%. Therefore, 57.5% of men rated the service as excellent.
Similarly, to find out the percentage of women who rated the service as excellent, just divide the number of women who rated the service as excellent (165) by the total number of men (200) and multiply the result by 100.
(165/200) * 100 = 82.5%. Therefore, 82.5% of men rated the service as excellent.
Finally, to find the total of people who rated the service as excellent, you must add the number of men and women who rated the service as excellent (115 + 165) and divide by the total number of man and women (400) and multiply by 100.
115+ 165 = 280
(280/400) * 100 = 70%
Therefore, 70% of people rated the service as excellent.
Health insurance is the answer
Answer:
outstanding checks at the end of December = $14,748
Explanation:
Checks Written
November $53300
December <u>$72910</u>
<u>126,210</u>
Checks Presented
November $48776
December <u>$62686</u>
<u>1111,462</u>
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<u>126,210</u> - <u>1111,462 = 14,748</u>
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