Answer:
x = 22.5
Step-by-step explanation:
When we compare two fractions with the same numerator, which
1 answer:
Answer:
The fraction with the smaller denominator is the larger fraction.
Step-by-step explanation:
Let's take and
. The larger the denominator, the more the number of pieces. So if you have a pizza box divided into 6 slices, and they are all the same size, compared to that same box of pizza divided into 10 slices. Each of those 10 slices will be smaller than the 6 slices. Now if you eat 5 of the 6 slices, compared to if you eat 5 of the 10 slices, which one will make you more full and you know that you have eaten a lot? Of course, it is the 5 out of 6 slices because each of those slices is bigger. So the smaller the denominator of the fraction, the larger it is (if the numerator stays the same).
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The basic market graph is attached below.
<h3>What do you mean by market equilibrium?</h3>A market is said to have reached equilibrium price when the supply of goods matches demand.
The equilibrium price is the only price where the plans of consumers and the plans of producers agree, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity.
Quantity of gasoline:
Explanation of graph: The demand curve, D, and the supply curve, S, intersect at the equilibrium point E, with an equilibrium price of 1.4 dollars and an equilibrium quantity of 600.
The equilibrium is the only price where quantity demanded is equal to quantity supplied. At a price above equilibrium, like 1.8 dollars, quantity supplied exceeds the quantity demanded, so there is excess supply.
At a price below equilibrium, such as 1.2 dollars, quantity demanded exceeds quantity supplied, so there is excess demand.
Learn more about equilibrium quantity here:
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