Answer:When demand exceeds supply, prices tend to rise. ... If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. The same inverse relationship holds for the demand for goods and services.
Step-by-step explanation:
Answer:
y = -1/3x + 5
Step-by-step explanation:
-1/3 is the slope because the line goes down 1 unit and right 3 units.
The y-intercept is 5 because that is where the line crosses the y-axis.
She sold 60% of her cookies.
Answer:
<h2>x = -4</h2>
Step-by-step explanation:
<em>Look a the picture</em>.
Draw the horizontal line <em>y = 2</em>.
Common point: (-4, 2).
Conclusion: f(x) = 2 → x = -4
