80% is the greatest discount
Answer:
C. There are no shortages or surpluses
Step-by-step explanation:
When an economy is in equilibrium it means that supply meets demand at a specific price and the market clears. If there is a surplus/shortage in supply or demand then there is no equilibrium and the market will not clear.
- surplus = excess supply
- shortage = excess demand
In the presence of a surplus or a shortage there is no equilibrium.
A. No: Demand from customers refers to whether they are willing and able to purchase, one cannot measure if they have "enough" of a good through the equilibrium measure.
B: No: If supply is greater than demand there is excess supply and thus a surplus in the market, therefore not in equilibrium.
D: No: Equilibrium is simply the balance between supply and demand. Even if an equilibrium is efficient, it does not necessarily follow that the allocation and use of resources is efficient as well.
I believe what it is asking is that you draw a line through one point using the given slope. Then you do the same for the second.
If you did this right you should notice that the lines are parallel die to the fact that they have the same slope.
Answer:
Step-by-step explanation:
P=(3.14)(d) diameter divided by 2 equals radius
P=(3.14)(13)
P=40.82
A=(3.14)(6.5)(6.5)
A=(3.14)(42.25)
A=132.665
Each shirt is bought for eight dollars and sold for twelve, so there is four dollars profit per shirt. The twenty dollar constant, however, needs to be covered by the profit.
The inequality is
100>=4x-20
120>=4x
30>=x
The club needs to sell at least 30 shirts to make a profit of at least $100
