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:
Each curve completes one loop over the interval
. Find the intersections of the curves within this interval.
The region of interest has an area given by the double integral
equivalent to the single integral
which evaluates to
.
So you’ll take $11.50-$4.75=$6.75 then you’ll divide this answer by 3 6.75/3=2.25 so it was $2.25 per movie to rent
Answer:
A
Step-by-step explanation:
Let's try choice A.
y = -5x-4
(10, -52)
-52 = -5(10)-4
-52 = -50-4
-52= -54
-52 is not equal to -54, so A is the answer.
