Answer: Equilibrium price and quantity will increase.
Step-by-step explanation:
If there is a positive shift in demand i.e. rightward shift in the demand curve but the supply curve remains constant.
Then As shown in the figure, At the beginning <em>'</em><em>E</em>' is the equilibrium point with Equilibrium price <em>"P"</em> and Equilibrium quantity<em> "</em><em>Q"</em><em>.</em>
But when there is positive shift in demand curve say D' then,
Equilibrium price will increase and equilibrium quantity will also increase.
say it becomes P' and Q'.
So, Positive shift in demand curve increases the price and Quantity in a supply and demand curve.
They are the same because if you convert 20/60 into decimal form its .33 plz rate my answer as brainliest
Answer:
Step-by-step explanation:
IT is a rational number because an irrational number cannot be expressed as a fraction.
Answer:
thanks!
Step-by-step explanation:
Well, Mathematics can enhance your analytical and problem-solving skills, expands the mind to handle difficult or unfamiliar tasks, and also promotes cautious and careful thinking. Once you know what the words mean you'll be able to write different variable expressions. Like I said it enhances our minds and helps think and solve probelms.