Answer: The equilibrium point represents the raising or lowering the price in response to changes in the supply or demand.
If the price of a good is above equilibrium, this means that the quantity of the good supplied exceeds the quantity of the good demanded.
If the quantity is below the equilibrium point, it will create a shortage. because the quantity supplied is less than quantity demanded.
Hope this helps!
Step-by-step explanation:
To solve any equation, you do whatever you need to do
to wind up with the unknown quantity all alone on one side.
BUT ... whatever you do to one side of the equation, you must
also do to the other side.
Here, we have the
he original equation: -15 = a/5
Multiply each side by 5 : -75 = a
and bada-bing, THERE's the solution !
Answer:
8
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