Answer: See the graph attached.
Step-by-step explanation:
1. To solve this exercise you must plot the points given in the table of the problem, which are shown below:
(-4,1), (0,2), (3,3)
2. You must plot the first value of each ordered pair on the x-axis.
3. You must plot the second value of each ordered pair on the y-axis.
4. Therefore, when you plot them, you obtain the graph shown attached.
- 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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5×2+8-4+1=15
cause
5×2=10
10+8=18
18-4=14
14+1=15
