Answer:
D
Step-by-step explanation:
- 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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8 x 5 x 4 = 160m^3
to find the volume of a cube its V= W x H x L
Answer:
x = 4
Explanation:
3x - 4y = 36
5x + 2y = 8 ( multiply all by two )
3x - 4y = 36
10x + 4y = 16
13x = 52
Divide by 13
x = 4 hope this helps
