Answer: Option (c) is correct
Step-by-step explanation:
Slope of demand curve is negative and slope of supply curve is positive in both the models.
But labeling of axis is different in both the models. In the short-run macroeconomic model, y-axis represents the price level whereas x-axis represents the GDP.
While in the standard model for markets, y-axis shows the general price level whereas x-axis represents the output level.
Answer:
9
Step-by-step explanation:
36/4 = 9
Answer:
12
Step-by-step explanation:
Remark
I can't use a symbol for the currency. I'll just get the answer in numbers. You can add the symbol.
Solution
First day: 50
Second day: - 20
Third day: - 18
50 - 20 - 18 = 12
It is one hundred times greater, 7000= 70 x 100
Answer:
Around 7830 dollars
Step-by-step explanation
Times 15,000 by 0.85, you'll get 12,750. Times each product by 0.85 and you'll get around 7830 dollars